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Shared ownership retirement properties

Searching for ‘Older Persons Shared Ownership’ near you? Discover affordable Shared Ownership retirement properties across the UK.

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SHARED OWNERSHIP: ENJOY RETIREMENT LIVING TO THE FULL, WITHOUT PAYING IN FULL

With Shared Ownership you can have the lifestyle you’ve dreamed of without paying the full price for your new retirement home. For example, on participating properties you pay just 75% of the full value with no rent to pay on the rest*.

Shared Ownership is not charity. It’s not a handout. It’s simply what you deserve to help you make the most of your retirement.

Shared Ownership with McCarthy Stone and Homes England

WHAT IS SHARED OWNERSHIP?

Our Shared Ownership scheme is run in conjunction with Homes England. They regulate Shared Ownership by monitoring rental charges and fees for the homes within the portfolio.

It means you can purchase up to 75% of the value of a retirement property—and if you own 75%, there is no rent to pay on the remaining 25%. If you buy 50% of the value of the property with Shared Ownership, you pay rent on the outstanding share.

Download our Shared Ownership guide >

BENEFITS OF SHARED OWNERSHIP

Affordable: A cost-effective way to buy a retirement property.
Accessible: Enjoy the McCarthy Stone lifestyle without paying full price.
Manageable: It's easy to manage your finances and cater for your future needs.
Rent-free option: Buy 75% of the value of your property and there’s no rent to pay on the outstanding share.*
Peace of mind: Up to £500 a year to help with essential repairs for 10 years.**

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I'M INTERESTED! DO I QUALIFY FOR SHARED OWNERSHIP?

To apply for the Homes England Shared Ownership scheme you need to:

Check that the McCarthy Stone development in your area is offering the scheme.
Meet the age criteria for your chosen McCarthy Stone development.
Have an annual household income of £80,000 per year or less.
Only own one property, after buying this new one.

You can find more information about eligibility for Shared Ownership on the Homes England website.

HOW TO BUY A SHARED OWNERSHIP HOME WITH MCCARTHY STONE

Our friendly sales team will explain the process and check that you meet the initial criteria for the Older Person’s Shared Ownership scheme.
If you meet the initial criteria for Older Person’s Shared Ownership, you will be referred to an Independent Advisor who will do a full financial assessment to ensure it is right for you.
When everything is approved, we’ll confirm your reservation and help you purchase your property.
Before too long you’ll be relaxing in your new McCarthy Stone home.

THE HOUSING OMBUDSMAN SERVICE

The Housing Ombudsman’s Complaint Handling Code sets out requirements for McCarthy Stone which detail how we must handle complaints.

Read about the Housing Ombudsman Service >

*Other shares available, with monthly rent. Qualifying criteria apply. Shared Ownership is available on selected apartments at participating developments only. Not available with Part Exchange.
**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.