Buying a shared ownership home: Jamie and Lauren's story

Shared ownership is an easy and affordable way to buy a home. Simply buy a share and pay a reduced rent on the remaining, until you’re ready to purchase more and own 100% of your home. Buying with shared ownership means smaller mortgage repayments and a much smaller deposit too.

Shared ownership customer Jamie bought a home for him and his girlfriend to live in, in Spring 2021.

“I was looking to buy a home for me and my girlfriend to live in but a traditional mortgage meant we couldn’t afford to live in a very nice house.

I had heard great things about shared ownership from a friend so decided to take a look at Saxon Gate in Leighton. We loved the estate and when we discovered Staffs Housing were building another phase we jumped at the chance; it was like it was meant to be!

The whole process went so smoothly, with no complaints. The house was ready for us to move straight into, and we're all settled in now. It's lovely and suits us down to the ground. It’s modern, spacious and even has a big garden too!

Shared ownership meant we could get more house for our money. If I'd taken out a traditional mortgage, we wouldn’t have been able to live in a house anywhere near as nice as this.

Eventually, I’ll add Lauren onto the mortgage, and we’ll staircase to own it outright. It’s a great way of getting on the property ladder. To anybody thinking about it, I’d say just do it and the sooner the better!”