Stour Gate

Shared Ownership is when you buy part of your property and rent the rest. It enables customers to enjoy a McCarthy Stone property without committing to purchase 100% of the property value. Homes England is the government approved provider of Shared Ownership schemes which enables us to deliver the ownership option. They regulate rental charges and fees applicable to the homes within this scheme.

No, Shared Ownership is available at selected developments and exclusions do apply. Speak to a Sales Consultant to find out more.

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

Before entering into the 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 take up our Shared Ownership offer, we require you to have a financial assessment with an Independent Advisor to make sure you can afford the ongoing costs both today 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

Car Parking spaces are available at some developments. Please ask the Sales Consultant for more details.

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.

Many of our homeowners are pleased to find that the service charges for their apartment tend to work out at less than what they were paying in like-for-like costs at their previous property.

Energy bills often turn out to be lower thanks to the modern construction methods we use at all our developments. Your new apartment is also likely to be a more manageable size and so cheaper to run.

When Customers discuss the purchase of a McCarthy Stone apartment with us, they receive a service charge leaflet and our Sales Executive sits down with them to help them fill in the costs, review what is covered in the management services and compare them to day-to-day running costs in their current home.  Our Sales Executive ensures that they have a detailed knowledge of ongoing costs before a sale is completed

Usually this can take between 12 to 16 weeks. We understand that some customers may have a time period that will more suitable for them and we aim to be as flexible as we can.

Yes. If you want a quick, simple way to sell your home and move into one of our retirement properties, then Part Exchange could be the answer. For more information please click here.