Chloe’s Story

Chloe, who recently began a new career as a crematorium assistant, had always aspired to own her own home. Her story of buying a home at Fantail View in Spalding is one of determination, research, and seizing the right opportunity at the right time.

Chloe explained, “I was able to purchase a 2-bedroom semi-detached house and used the shared ownership scheme to make it a possibility.” The journey began when she started her new career, which came with a secure wage, allowing her to consider homeownership seriously. She added, “I knew it was time to take the plunge.”

Chloe didn’t make her decision instantly. “I had looked into other developments closer to work and outside the area,” she explains. However, the brand-new homes at the Fantail View development held a particular appeal. “It is down the road from where I currently live, and I drove past it often, so I took an interest in the progress of homes being built.”

The availability of shared ownership was crucial in her decision-making process. “I knew that it was a more affordable way to get onto the housing market, paying mortgage and rent,” she added. “It gives the opportunity for people like me, who are single and doing it alone, to get on the property ladder.” This knowledge reassured Chloe that she could achieve her goal of owning a home without the financial strain of a larger traditional mortgage.

For those considering buying a home using shared ownership, Chloe offers valuable advice based on her experience. “Go for it,” she encourages. “I found myself doubting whether it was doable, considering I was trying to buy on my own. If I did not do it now, I might never have done it.” She emphasises the importance of thorough market research and being proactive in the process. “Do the market research into different sites and view them, ask lots of questions. I found myself asking questions all the time, which helped in making decisions later on.”

Chloe’s story is a testament to the possibilities that shared ownership can offer. With determination and the right information, she turned her aspiration of homeownership into a reality.