Customer Stories

Read our latest case studies & discover more about buying your own home with Help to Buy.

Back to the list

Tamworth family find their perfect home through the Shared Ownership scheme

Tamworth family find their perfect home through the Shared Ownership scheme

After renting three different properties over four years, Luke and Emeline wanted to own their first family home as they prepared to welcome baby Luna into the world. They wanted a place in Tamworth that was affordable without compromising on size and location. Hedging Gardens, an Orbit development was the answer.

The couple heard about the new development through a friend who lived nearby. On visiting the development on the launch day they immediately knew it was the one. Emeline said:

“The rooms were bigger than what we had been offered elsewhere. There was a lovely garden and two parking spaces too. We wanted it immediately!”

Luke wanted to find out if they could make it theirs and with an independent financial advisor (IFA) available at the open day, they could do just that. He said:

“It was really helpful to have an IFA there. We wanted to know if we could afford our perfect three bedroom property so we took the opportunity to sit down and go through the financial detail of the Shared Ownership scheme and the process for obtaining a mortgage. We were delighted when he told us we could go for it!”

Shared ownership is one of the government’s Help to Buy affordable home ownership schemes. It provides aspiring home owners who can’t afford to buy a house on the open market the chance to purchase a share in a home. Run through Housing Associations, the scheme allows individuals to buy between 25% and 75% of a property and pay subsided rent on the remaining share.

Luke, 29, and Emeline, 30, welcomed baby girl Luna in August and were keen to be in their new home in time for her first Christmas. Commenting on the experience, Emeline said:

"Nic, our sales consultant was brilliant. He helped us through the whole process from day one to handing us the keys and made the move stress-free.  We couldn’t wait to move in and his regular updates meant we were always in the loop, feeling one step closer to the big move.  We’re delighted to be in our first home just in time for Christmas.  The very first thing we did was put up the Christmas tree!”

The two and three bedroom shared ownership properties at Hedging Gardens start from just £72,000 for a 40% share. The initial share you buy will be up to 75% of the full purchase price and is tailored to suit your circumstances, meaning it is not only affordable for you now but in the future too.

To discover more about Orbit developments click here