Case Study - Shared ownership through the Gloucestershire Rural Housing Association
Keith Dawkins and Eugenia Hill look very happy and have good reason
to. Without the assistance of shared ownership through the Gloucestershire
Rural Housing Association, they would not have been able to afford
a home of their own in a rural location and close to their work.
Their home was built on land acquired from the local authority, and
the development offered the only affordable home ownership in this
rural situation.
Shared ownership will enable you to purchase a property when you might not otherwise afford to do so. It will normally be at least 30% cheaper than it would be to buy a property with a full mortgage in the normal way.
As a strong local connection was required by prospective purchasers for this development, Keith and Eugenia were ideal candidates, as they had lived and worked in the area for a number of years, and Eugenia’s mother also lives close by.
