Contact Sales Team

0800 085 2499

Request a viewing


Plot 7

Ways to buy

Details of ways we can help you buy your first or next home

View all ways to buy

Affordable homebuy remedy for priced-out nurse

NURSE Deborah Collins loves living in Solihull. But she doesn't love the property prices in this popular part of the West Midlands.

In fact, like many would-be homebuyers, she had all but given up hope of being able to quit Generation Rent and buy her own home in the neighbourhood where she and son Oscar had put down roots.

Until, that it, Deborah found out about our affordable shared ownership homes at Aspenwood, Dickens Heath. She and 10-year-old Oscar now live in a lovely new three bed semi-detached house that's close to school, work and friends − and life is great.

"We love it here at Aspenwood (pictured below) as my son was already going to the primary school. His friends are local and so are mine - and it's a 15-minute drive to work for me," says Debbie, 44, a specialist in diabetes nursing.

Wyevale

"We had been renting for six years. I had a deposit and wanted to stay in the area but couldn't afford to buy here because property is so expensive. Then friends told me about Aspenwood and I found out about Bromford's shared ownership homes.

"That changed everything. The part-buy, part-rent deal means I was able to buy a share that I could afford and the total monthly costs are no more than I was paying in rent to a private landlord."

Would Deborah recommend shared ownership to other priced-out homehunters? "Absolutely. If you're in a similar position, this is a great way of owning a home you can call your own − and paying your own mortgage rather than someone else's," answers Deborah.

"I would never have qualified for the mortgage that was needed to buy a similar property on the open market. Shared ownership offers people like me a truly affordable way of getting onto the property ladder. We now live in a lovely location and have a beautiful home I can actually afford."

Debbie's only problems now are deciding on a colour scheme − and a guest list. "We only moved in a couple of weeks ago so we're still settling in − and I'm really busy juggling that with work and being a mum," she says. "My spare time is spent choosing paints and getting my house looking lovely so I can invite my friends round for dinner!"

Belper

Bromford Homes Area Sales Consultant Kirsty Darby says: "Handing over the keys to customers like Deborah is such a rewarding part of the job − and it's great to hear from homebuyers like her how shared ownership's affordability helps them to make their property dream come true. She's been able to move back to an area where her friends and family are. Oscar went straight out on his bike and played with his friends on the open space opposite their new home!

"She's certainly not alone in finding herself priced out of a buoyant local property market like Solihull and that explains why developments like Aspenwood are so popular. In fact, we've just sold the last home."

The Belford

It's a similar story at nearby Moat House Fields, Marston Green, where all the homes are now reserved but we've got more shared ownership developments around Solihull − at Arden Fields, Knowle, and Meriden's Mulberry Gardens (pictured above), where prices start from £90,000 for a typical 45% share of a two-bed Belford.

You can find out more about shared ownership and developments near you by calling us on 0845 60 10 878. You can also register for updates or follow us on Twitter and Facebook.

 

23 September 2014