First time buyer Joanna Herrington, an auditor at Gravesham Borough Council, has taken advantage of Countryside Properties’ Shared Equity offer to purchase a one-bedroom apartment at Horizon One, in Gravesend, Kent. The company’s Shared Equity scheme is enabling first time buyers to escape the renting trap and purchase a home of their own. Shared Equity provides an affordable solution for purchasers to own 100% of their homes but only pay 80 per cent of the price at the time of purchase. The rest is paid for over a 10 year period.
Joanna, 25, had been property hunting for the past two years, yet similar to many first time buyers with only one income, found securing her first home a daunting task. On recommendation from her older brother David, who owns a house on an earlier phase of Horizon One, Joanna has finally received the support she needed. Joanna said “Without the Shared Equity scheme I would not have been able to afford the property. The scheme has provided a way for me to leave my parent’s family home and buy my first house.”
‘Horizon One’ is ideally situated close to the centre of Gravesend and is within the Thames Gateway, providing easy access for commuters into London. The houses are all built to Countryside Properties’ award-winning standards of quality with thoughtful and well-designed detailing. Joanna was delighted with the quality of her new home, “I love the modern interiors, especially the bathroom and kitchen finish. Everything was just as I hoped it would be. I didn’t think I would be able to afford such a modern and attractive house as my first home.”
The development offers an excellent range of two and three bedroom houses and one and two bedroom apartments arranged in attractive terraces with turfed gardens. They offer spacious, open-plan living accommodation with good sized bedrooms and a fully-fitted bathroom. Joanna concludes “My brother is extremely happy with his property and I have every confidence in my future home too. I have been recommending the housing scheme to all my friends and can’t wait till September when my house will be complete and I can move in to my first new home.”
Shared Equity prices at Horizon One range from £88,000 for a one-bedroom apartment and from £144,000 for a three-bedroom house. More information is available by telephoning the marketing suite on 01474 536008 or visiting www.horizonone.co.uk.