Nobody expects moving home to be easy, but we’re here to help you every step of the way; from the moment you make a reservation, through to the day you move in. Our Easy Move service ensures everything goes like clockwork, which includes helping with the cost*.

To find our more please call 0800 201 4811.

*T&Cs apply

These properties will be available for Shared Ownership

Older Persons Shared Ownership lets you enjoy retirement living to the full, without paying in full—and many people are surprised to learn that they’re eligible.

You can buy part of your home and pay rent on the rest, so you can move in and enjoy the benefits of the McCarthy Stone lifestyle without committing to outright purchase. The Shared Ownership scheme is run in conjunction with Homes England, our government approved partner.

  • You can enjoy the McCarthy Stone lifestyle without paying the full purchase price.
  • Buying a percentage share of the property allows you to manage your finances to cater for possible future needs.
  • If you buy 75% of the value of the property, there is no rent to pay on the outstanding share. 
  • You could claim up to £500 a year to help with essential repairs in the first 10 years.

With this scheme, you can purchase up to 75% of the value of your property – and if you own 75%, you won’t pay any rent on the outstanding 25% share. It provides a more affordable way to buy one of our retirement properties.

McCarthy Stone’s Older Persons Shared Ownership is run in partnership with Homes England and is ideal for those who want to enjoy the McCarthy Stone lifestyle without paying the full purchase price. OPSO means you can purchase a share of 75% or 50% of the overall property value.

  • If you choose to buy 75% of the property, you won’t have to pay rent on the outstanding share.
  • If you buy a 50% share you’ll pay an affordable monthly rent on the remaining 50%. It is only available on select properties. 

To qualify for Older Person’s Shared Ownership, you need to be 55 or older. Additionally, there will be age criteria for the McCarthy Stone retirement development you want to buy in (usually over 60 for for Retirement Living and over 70 for Retirement Living PLUS). Apart from that, the main criteria is that you must own only one property and have a household income of less than £80,000 (£90,000 in London).

Find out more about Older Persons Shared Ownership

No. We offer a wide selection of Older Persons Shared Ownership properties across England. However, not every McCarthy Stone development offers Older Persons Shared Ownership and not all properties at every development are eligible. If you want to know whether a specific development has Shared Ownership available you can message us online or call our friendly Sales Consultants on 0800 201 4811

McCarthy & Stone (Shared Ownership) Limited will become your landlord on the share you don't own.

Before entering into an Older Persons Shared Ownership agreement we recommend that you obtain independent financial advice so you know what your new home will cost and that you can afford it.

If you'd like to take up our Shared Ownership offer, we require you to have a financial assessment with an Independent Advisor. This is to make sure you can afford the ongoing costs now and if your circumstances change. We will put you in contact with an advisor who has experience of Shared Ownership schemes and can assess your eligibility.

You should plan for some one-off costs associated with your purchase, including, but not limited to the following:

• Reservation deposit (which is deducted from your final purchase)

• Solicitors Fees and disbursements

• Stamp Duty Land Tax (SDLT) in England.

Your solicitor will be able to tell you if the tax applies and how much it will be

• Estate Agent fees if selling a current property

 
 

On-site car parking and disabled parking for homeowners and guests is usually available but varies depending on the individual retirement village or development.

Any questions about parking? Call 0800 201 4811 or contact us online.

With Older Persons Shared Ownership you are eligible to claim up to £500 a year to help with essential repairs for ten years. This covers items in the home that supply water and electricity such as basins, baths, toilets and also cables, but not fixtures, or appliances such as ovens or washing machines. Pipes and drainage items for heating and hot water are also included. Find out more about Older Persons Shared Ownership.

 

How much is the service charge?

We're still calculating the service charge for this development. Sign up for updates and we'll let you know as soon as we can.

We don't make a penny from our service charges

Your service charge covers the services and amenities you enjoy at this development for a safe, comfortable, sociable and happy retirement. It includes things like wages for your on-site team, security systems and keeping communal spaces and gardens spick and span—and it’s all provided at cost price.

augustus house retirement properties for sale rent

What is included in the service charge

  • Electricity, heating and lighting (communal areas)
  • Water and sewage (communal areas and apartments)
  • Maintenance of building and gardens
  • Building insurance
  • Development staff
  • Redecoration and major works fund
  • Professional fees
  • Emergency call system

Key features of our retirement properties

Frequently asked questions

Find out more with our FAQs. Still got a question? Call our friendly team on 0800 201 4811 or get in touch online.

The Service Charge covers the services you enjoy at your Retirement Living development, including the House Manager’s wages, heating, lighting and the maintenance of the shared areas, for instance:

  • gardening and external maintenance
  • external window cleaning
  • lift maintenance
  • keeping the lounge warm, clean and paying for Wi-Fi, electricity etc.
  • keeping the guest suite in tip top condition

We don’t make a penny from the Service Charge. Find out more about our Service Charges.

Our Retirement Living communities offer elegant low maintenance apartments exclusive to the over 60’s. You’ll benefit from a friendly manager to keep everything running smoothly, access to communal areas like lovely sociable lounges and large attractive gardens with seating, as well as a hotel-style guest suite for hassle-free hosting. Find out more about our Retirement Living developments.

This varies by development, but most offer a limited number of parking spaces to buy, as well as disabled parking spaces and guest parking. Some developments have EV (electric vehicle) charging points too. Call our friendly team on 0800 201 4811 or get in touch online  to get the specific details for this development.

While our retirement properties are not fully adapted to wheelchair users, they are designed to be fully accessible for both walkers and wheelchairs, with wider doors, corridors and easy to navigate shared spaces. Our bathrooms are specially designed to be easy to adapt and all of our apartment buildings have lifts.

Yes, most of our retirement developments welcome well-behaved pets and our retirement rentals are mostly pet friendly too. Read our pet policy or call the team on 0800 201 4811 or get in touch online to get the specific details for this development.

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Please note that images are for illustrative purposes only. Images may include upgrades and optional extras which may be available for you to purchase at an additional cost. Please click here for further explanations. Floor plans and pricing are accurate at time of publication. Floor plans are for guidance purposes only and are subject to change. Prices may fluctuate depending on market conditions and availability.