When you’re looking for that perfect affordable new home there are lots of resources available to help. That’s what couple Conor and Hermione found out when they first began searching for a home online.
“We moved in with Hermione’s parents so we could save for a house. That’s when we found out about Radian Homes through the Help to Buy South website,” said Conor. One development in particular, Wellington Park, a fantastic development of homes built in Waterlooville, caught their eye.
Conor and Hermione liked what they saw on the Radian Homes website and went along to an Open Day where they learnt more about the site and were able put down a reservation to secure the home of their choice.
Shared Ownership allows purchasers to buy a share in a home, and then pay a low cost rent on the remaining un-purchased share. With mortgages and deposits based on the purchased share value, buying a home couldn’t be more affordable.
“It was very easy,” said Conor. The couple were happy with the process of buying a brand new home from Radian Homes, “we were helped throughout the buying stages. It took less time than expected!”
Conveniently located between both their places of work their new home at Wellington Park gives them great access to local walks near Denmead. The couple were pleasantly surprised with all the mod cons that it came with, “It was nice to have the kitchen fully fitted out for us and a very nice garden with a shed!”
The two bedroom house had a full market value of £212,500, but with Shared Ownership they were able to buy as much of the home as they could afford, from 35%. This meant they only needed a deposit of under £3,800 for their brand new home.
“We moved in slowly over a week once we got the keys,” they said. Now nicely settled in to their new home Conor says “our first night was spent with a Chinese takeaway!”
What do Conor and Hermione enjoy most about owning their own home? “The responsibility of looking after our own place, friends and family are really impressed and like visiting. Big thanks to our family and friends for their support, and Becky, Radian Homes Sales Officer, for all her help”