After renting for several years, John and his wife, Scarlett, knew they wanted to get onto the property ladder but weren’t sure that they could afford to buy on the open market. A conversation with Scarlett’s brother had sparked their interest in Shared Ownership. John says:
“We’d been renting in Billericay for about five years. We had a nice place, just five minutes from the high street, but it was always at the back of our minds that we wanted to own a property. I was speaking to my brother-in-law last Christmas and he was telling me about how he was looking into Help to Buy, and suggested that I look at other alternative home ownership schemes.”
John and Scarlett have purchased a 25% share of a two bedroom coach house through L&Q’s Shared Ownership scheme at Beaulieu, Chelmsford.
John explains how the couple knew immediately that Beaulieu was right for them: “We came across Beaulieu on the L&Q website and there actually weren’t any properties available at the time, so we drove up there and had a look around ourselves, and we absolutely fell in love with it. A couple of months later, the next phase was released and we went to view a two bedroom house, but unfortunately didn’t get allocated a property. We didn’t want to give up on Beaulieu, so we waited for the next phase and went to view again a few months later.”