Steve and Sandra are among some of the latest homeowners who have started their shared ownership journey with WDH. They bought their dream home in Cottingham with Shared Ownership by WDH, providing them with a safe and secure place to live.
Shared ownership is a national scheme that helps you to buy your dream home! Start by buying between 50% and 75% of your home and paying an affordable rent on the rest. Buy more when you can. This means a smaller deposit, smaller mortgage repayments and the flexibility to increase your shares whenever you're ready.
The retired couple were previously living in a static caravan when they came across Shared Ownership by WDH when searching the internet for homes in and around the Cottingham area.
They said: “We loved the town and everything about the property when we went to see it. We knew this was the right move for us. Kathryn, the sales advisor at WDH, was great and she made everything easy to understand at every stage of the process.”
After completing their application with Help to Buy and their mortgage application, Steve and Sandra were able to purchase 30% of their brand new home, paying an affordable rent on the rest with Shared Ownership by WDH. The whole process was complete in only four months, allowing them to move in quickly and get settled.
Sandra and Steve said: “It’s good to know we can buy more shares if we want but we are happy with our 30%. It has helped us get onto the property ladder without having to use all of our savings up.”
They added: “We have already recommended Shared Ownership by WDH to at least three of our friends. It is such a great way for people to be able to own their own homes if they can’t buy through traditional routes.”
For more information on Shared Ownership by WDH or to see our available homes visit: www.wdh.co.uk/AvailableProperties/SharedOwnership/.