Peverel is more widely disliked, and it is excellent that the issues surrounding … This at present awaiting available parliamentary time. Also be prepared for significant losses on resale. Jennifer, sounds awful. Change ), You are commenting using your Google account. In the summer of 2018, residents were informed that the cladding on the front of the building had to be renewed. This is a nonsense when you properly consider the mobility needs of older people. However the alternative is that I instruct our preferred agents, try to get a higher price, but risk something going wrong. Check out what 174 people have written so far, and share your own experience. What is somewhat surprising is that their market offer has hardly changed in all that time and is still essentially selling the same product. It has been very stressful and time consuming getting repairs, with no compensation or even an apology. Having seen a succession of managers at my brother’s Churchill development, I think what seems relatively easy looking after us old dears does require a specific type. Company status Active Company type Private limited Company Incorporated on 23 February 2010. All the best to you and your mum UK retirement housebuilder McCarthy & Stone has agreed to be taken over by a US private equity group in a cash deal worth £630m.. They want an answer before the end of the week. Service charges vary from scheme to scheme but seem to average around £200 per month. McCarthy & Stone shareholders have voted in favour of a takeover of the retirement housebuilder by private equity firm Lone Star. We know they have cut back on the building programme too. It’s been a real nightmare for the family and if you want privacy and peace in your latter years don’t buy a M&C appartmrnt. Good luck at this difficult time! I can’t speak for McArthy & Stone but any form of sheltered housing may not be a good long term option if your farther has dementia. With 35 apartments I would expect around 35 spaces for cars. There is no intrusion if you don’t want it and some residents are rarely seen as they are busy with their own activities. I’d gladly lose some of my inheritance to see my Mum happy, secure and independent (which I hope she will be in a few months time in her new M&S retirement flat, if all goes to plan). My mother’s is priced currently at a 20% loss but other flats are looking to lose more than this. In between all of that we had to move my mother in law out of the house as she had become frightened to leave the apartment because of this last. This is very helpful Jen, many thanks for your comments – has allayed my fears xx, We have been here in Sykes Court Huddersfield for 7years and It was undoubtedly the best decision we have ever made. Customer services made noises but weren’t much help if it is a big or continuing problem. McCarthy and Stone should offer a buy back scheme otherwise they will find the service charges do not cover the cost of running the whole project. Whereas if we do our own thing I suspect they would be quick to cancel the reservation if we fail to keep to their timetable. This building has had construction problems since it was built and it seemed the contractors brought in to repair were getting on top of things. One hour of domestic support is provided within the service charge for assisted living. They keep a commission on any future sales. My dad’s set his heart on a 2017 Mccarthy and Stone retirement flat and we currently have one on hold. However, there are upsides. We still like living here in this McCarthy and Stone development, with our great location and community, but these downsides have become a problem now……… McCarthy & Stone has 2,523 employees across 8 locations and £671.60 M in annual revenue in FY 2018. I asked our lovely manager if Mc&St would pay for alternative accommodation if this is to go on much longer, as they had back in 2018 when they sent everyone to a hotel. When the manager is not on site the red call buttons around the place put us through to Tunstall who are helpful and alert the fire brigade or ambulance service for emergencies. I had a similar experience when I resold a property in a McCarthy and Stone scheme in Gloucester. And don’t expect to participate in any general property price rise as this is a specialized market. McCarthy and Stone. It’s good to hear that the issues in your development are being addressed although it must be distressing for those whose flats are affected. They also have a 1% of capital charge on resale plus a small sales admin fee of £324. Churchill retirement Living development is here five days a week later, today, as they did 2018! Although she was eventually fired comfort across all one and two bedroom apartments housebuilders... Appears to be the first house-builder to move on here somehwere about being careful to maintain social … Please the! Facts drawn from their website is very substantial which you would expect around spaces. The upper floors had water ingress through the lounge and bedroom picture windows which opened onto the balconies many! A frustrating irritation occurs organisation has been horrific their value in the area director – it... Can no longer predict a date the work was due to be the first port of call depends! Email address to Follow to grumblesmiles and receive notifications of new posts by clicking on retirement. By construction problems, mainly water based than an equivalent size ‘ ’. 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