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Warwickshire family find their own adventure through Shared Ownership
Charlene (33) bought a 2 bedroom semi-detached property through Fortis Living at their Milestone Grange development in Stratford-upon-Avon with Help to Buy Shared Ownership.
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.
“I grew up in Warwick and always wanted to live in Stratford-upon-Avon, it’s my dream location.”
The Mum of one bought a 25% share in her home and explained that without Help to Buy Shared Ownership she would not have been able to get on the property ladder in Stratford-upon-Avon due to the area being so popular.
“Being a single mum, I felt the only way I could get on the property ladder was through the Help to Buy Shared Ownership scheme. I was unable to get a mortgage without it.”
She shares her home with her 4 year old son William who is going to be starting school in September.
Before purchasing, the family lived in a privately rented flat but really wanted a home of their own. Having been on the council waiting list for a few years, Charlene just couldn’t see them ever getting to the top of the list, so she decided to take the reins and find a place of her own.
“I would not be able to afford to live in my current home if I were renting as it would be out of my price range. Shared Ownership just made sense as I pay less money than when I was when renting and I’m putting some money in my own pocket. It also means that we have security in our home.”
The young family reserved their home off-plan 6 months before moving in.
“Buying through Fortis Living was an amazing experience”. Charlene went on to explain that Nicola Clarke, the Sales and Marketing Manager at Fortis Living went above and beyond to ensure everything ran smoothly:
“Every time Nicola went to see the house she would take a picture and send it across to me. She even answered all of my silly questions like ‘What colour will the door handles be’! Just the best customer service.”
It wasn’t just the customer service that impressed Charlene, she also loved the location of the house as she can walk into town with William on his bicycle.
“Stratford-upon-Avon is such a great place to live, there’s always something going on.”
Charlene is looking forward to making the home her own and hopes that her future holds lot of happiness . She’s also hoping there may be a tall tattooed man in the not too distant future!