Help to Buy South has helped hundreds of people to purchase or rent their new home.  Here are just a few of the success stories:

Richards Shared Ownership Superstar nomination is for Chris at Sovereign Living

Richards Shared Ownership Superstar nomination is for Chris at Sovereign Living

For Richard the idea of buying his own home again after renting for 18 years following a divorce was a dream he thought he'd never see come true. It was only by chance that he caught a television programme that introduced him to Help to Buy.

"I was watching the news about the Help to Buy and Shared Ownership Schemes and that is how my journey started" he explains, "following that I searched online for new build homes and came across the Help to Buy South website where I found more information and properties available with Shared Ownership."

"I never believed I'd be a homeowner following my separation" he adds. He then contacted Sovereign Living about some properties they had for sale in Swindon on the Shared Ownership Scheme.

Shared Ownership allows purchasers to buy as much of a property as they can afford. You initially purchase a share between 25% - 75% with the chance to buy more in the future, usually up to 100% ownership. Shared Ownership also makes it easier to get on the property ladder because you don't need the large deposit most other home buying options require. Your minimum deposit is just 5% of the share you buy, meaning if you buy a 50% share of a home and your share is worth £100,000 your deposit would be £5,000.

"My favourite part of the house is the style as a whole" explains Richard, "I just love it! The day I got my keys I moved in on my own because all my friends were at work so I did everything virtually by myself because I couldn't wait, I celebrated that night because I was finally a home owner."

The support Richard received from Chris at Sovereign Living has made him nominate Chris for a Shared Ownership Superstar Award. "From day one Chris was very helpful" says Richard, "as this was the first time I'd bought a home he was patient and explained everything to me throughout the process keeping me informed of everything that was happening at every stage."

"Everyone at Sovereign Living who was involved in my journey made the experience simple and also very exciting for me. I can't thank them all enough."

To find out more about Shared Ownership read our downloadable guide.

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