McCarthy & Stone enters affordable housing market

McCarthy & Stone

UK’s largest retirement builder says setting up of registered provider part of ‘long term’ strategy

The UK’s largest retirement housebuilder has set up an affordable housing business in a move it has said will allow it to offer more choice to customers.

The Regulator of Social Housing yesterday published data revealing that McCarthy & Stone, which was last month bought out by US private equity firm Lone Star in a £647m transaction, was confirmed as a registered provider (RP) of affordable housing on February 4.

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