Cara, an Events Specialist from Newbury, had been living in Newbury with friends when her situation changed. She tells us how she beat the stats and purchased her first home at 25 with a deposit of under £5,000 through the Shared Ownership scheme.
Coach driver Rose Clark (50) had been a homeowner for many years, buying her own house before she got married. Following a divorce, she was left without enough money to buy a property outright, and thought she would need to rent through the council. However, thanks to shared ownership she’s been able to buy a home at Sovereign Living’s Vyne Park development in Basingstoke.
It’s natural for a 21-year-old to want to move out of their parents’ house and into their own home, but with rising rents and house prices this can seem like an impossible dream. Shared ownership has enabled recent graduate Maisy Watkins to buy a house at Sovereign Living’s Saxon Gate development in Leonard Stanley, Gloucestershire – moving into her dream home just 42 days after applying.
Meet Becky and Steven
Becky Moore and her family had outgrown their two-bedroom flat in Liden, near Swindon in Wiltshire. They longed to have more space, and a garden for their two daughters to run around in. Shared ownership gave them the opportunity to buy their own house at Sovereign Living’s Badbury Park development in Swindon, without having to provide a huge lump sum deposit upfront.
30-year-old accounts assistant Tamsin Abrams didn’t let her single income quash her dream of owning a place to call home for her and her six-year-old son. After an easy application process, she now lives in a stunning two-bedroom house in Bampton, west Oxfordshire.
Being a busy, working, single-mum didn’t stop Trish Lapworth (39) from Newbury achieving her dream of buying her very own apartment at Newbury Racecourse for her and her two children (aged 3 and 14) to call home. After finding out about shared ownership, she knew it was an excellent way to get on the property ladder with a single salary and smaller deposit.
Meet James and Jasmine
A lot has changed in the last year for James and Jasmine (both 24) since buying their first home together, but not their enthusiasm for how shared ownership with Sovereign Living helped them get on the property ladder in Thatcham.