McCarthy & Stone

McCarthy & Stone, retirement housing in the UK

McCarthy & Stone presents itself as a developer and manager of apartments and bungalows for people aged 55 and over in the UK. The company states it has been operating for nearly 50 years and describes its offering as a way to maintain independence with fewer household chores and more shared services. Its portfolio is organised into three options: purchase, rental and shared ownership.

Purchase, rental and shared ownership

The company markets homes for sale and for rent, as well as a shared ownership scheme available on selected homes. With the latter, the buyer can purchase between 10% and 75% of the home; if the share reaches 75%, no rent is paid on the remaining share. The company states that renting allows people to settle in within a few weeks and that shared ownership is designed as a more affordable route to access.

Schemes to make moving easier

McCarthy & Stone offers two schemes aimed at simplifying the move. Part Exchange acts as a cash buyer for the previous home, with no estate agent and no chain of buyers, with a guaranteed sale. The company estimates the average moving time with this system at 44 days, compared with around seven months on the open market. Smooth Move, meanwhile, covers moving costs, including help with decluttering, packing and unpacking, and contributes towards legal and estate agent fees.

Two models of retirement living

The residential offering is divided into two options. Retirement Living is aimed at people aged 60 and over and includes a House Manager, communal areas and a community of neighbours. Retirement Living Plus combines independence with flexible assisted living for the over-70s and includes a chef-run bistro and optional Lifestyle Services such as laundry or pet-sitting.

Services and shared spaces

The communities have welcome lounges, gardens and roof terraces, and organise activities such as cinema nights, gardening groups and social lunches. The company notes that pets are allowed in the homes, with specific rules and consideration for those who prefer animal-free spaces. It also offers hotel-style guest suites, bookable at other communities, to accommodate family and friends.

Locations and coverage

McCarthy & Stone markets homes in England, Scotland and Wales, with a presence in regions such as the East Midlands, East of England, London, North East, North West, South East, South West, West Midlands and Yorkshire and the Humber. The company states that its communities are located close to shops, cafés and everyday services.

Profile and ratings

The company describes itself as the UK market leader in the development and management of retirement housing and claims that 97% of its customers would recommend it. These statements come from its own presentation and not from independent verification.