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15 August 2020
McCarthy & Stone Be Warned!

MCcarthy & Stone have some special offers on at the moment to tempt potential purchasers to sign on the dotted line as they continue to struggle to sell flats.

One such offer is the McCarthy & Stone pledge to pay 100% of service charges for 8 years, that at one development in Hetfordshire is set at £197 per week,which is over the state pension rate.

This works out at an astonishing saving of £81,952 over an 8 year period.

The question is how would other residents ever know if McCarthy & Stone were paying the £197 per week into the service charge account or were simply not collecting the amount?

This offer must also raise concerns that McCarthy & Stone will delay expensive maintenance work until the 8 year period is over?

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