Benefits

Freeing up local housing for younger people and families

The UK has a rapidly ageing population. Around 3 million older people are looking to downsize but just 7,500 new retirement properties are built per year. A new McCarthy Stone retirement community will help to meet this demand, freeing up underoccupied and much needed local family housing.

Location

Typically, most residents moving to a McCarthy Stone development move within a 5-mile radius of the development

Key-hand

Each move into a McCarthy Stone development prompts a further two to three moves further down the housing chain

People

Two out of every three moves into a McCarthy Stone development ends in a first time buyer

Home

When local people move into a McCarthy Stone home, they free up a larger property more suitable for families or yourger people

Boosting the Local high street

McCarthy Stone residents are more likely to spend their money locally, helping to support local businesses, shops and spaces which make up the heart of local communities. 63% of their annual spend is in local shops, a figure that is far higher than the general population.

Coins

Typically, 50-home McCarthy Stone developments would be expected to generate approximately £347,000 and spend in local shops and businesses each year

Money-note

This spending helps to keep businesses open and thriving

People

Each McCarthy Stone household spends approximately £12,000 per year, of which £7,500 will be in local shops and businesses

Store

This spending from McCarthy Stone residents creates an average of 6 jobs on the high street

Supporting the NHS and saving the council money on social care

McCarthy Stone retirement communities typically create savings for local care services and the NHS with residents enjoying a reduced risk of health challenges, including slips & trips and problems associated with isolation, compared to other people of the same age.

Resident

Our residents are half as likely to have falls resulting in fractures, injuries and costly hospital stays

Resident-wheelchair

An 80 year old feels like a 70 year old living in a McCarthy Stone development

Resident-2

Improve the wellbeing of those living on site in the future, with residents half as likely to be lonely

Money-bag

£3,500 saving per person per year to the NHS and local social care