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:

"Our saving really paid off!"

Many first time buyers find the media's coverage of 'house prices rising' and 'large deposits needed' daunting, but this in fact prompted recent first time buyers Jessica Wicks and Daniel Davies to research into their home ownership options.

"We had been renting a flat for about a year or so, but ideally wanted to buy our own place. We knew the only way we could save up for our deposit was to move back home so we ended our tenancy and moved in with Daniel's parents to start saving," explains Jessica, 21.

Whilst researching into their options, they came across the Help to Buy schemes, and the Shared Ownership scheme in particular caught their eye.

Shared Ownership enables purchasers to buy a share in a home, paying a low cost rent on the remaining un-purchased share. With mortgage deposits based on the value of the share, buying your first home couldn't be more affordable and could even end up costing you less per month than renting a similar place privately.

When the young couple found out it's not just new-build properties on offer through the scheme, they registered with the Help to Buy Agent in Hampshire, HomesinHants, straight away.

"Finding out that existing Shared Ownership properties come up for sale as and when existing shared owners want to move on meant we could consider an older property. It also meant that we didn't have to rely on new developments being built in the areas we wanted to live in," says Daniel, 23.

Jessica and Daniel were registered for just over a year before they saw a property they were keen on, and it just so happened to be a Shared Ownership Resale being offered by local housing association, Radian.

"We contacted Radian to express our interest, and were so happy to find out we had been prioritised for the house," says Jessica, "the only difference in the process was that we arranged the viewing with the existing shared owners, and we were in a chain so it took a little longer than buying a new build. Because we were living at home, this wasn't a problem at all."

Jessica and Daniel purchased a 50% share in the 2 bedroom, mid-terrace house in Knowle for £85,000, and now pay approximately £650 per month in total for their mortgage repayments and rent on the remaining 50%.

"Our saving really paid off! The media often reports that the average age of a first time buyer in Britain is heading nearer to 40 and we've managed to do it before we are 24!" says Daniel.

Jessica adds, "It's a brilliant and accessible scheme for young people to be able to step on the property ladder. It worked for us and it can work for you too."