Thames Valley Housing

New show home opens at So Resi Wokingham

Resi

Growing families looking for a spacious new house in Wokingham, available to buy with shared ownership, should make a beeline for So Resi Wokingham where So Resi – Thames Valley Housing’s shared ownership brand - has recently opened a superb four-bedroom show home.

The show home highlights the impressive quality of these three and four-bedroom semi-detached houses, which offer exceptional value; prices for a four-bedroom house start from just £148,125 for a 25% per cent share (full market value £592,500).

Esaiyas Mollallegn, head of marketing at Thames Valley Housing, comments:

Shared Ownership was ‘so easy’ for Tooting resident

Shared Ownership was ‘so easy’ for Tooting resident

Two years ago, Aveen Kelly, 32, was given the opportunity to learn more about how Shared Ownership works, a result of her employer Wandsworth Council’s efforts to encourage buyers in the community to consider the scheme.

Armed with her knowledge of Shared Ownership - which enables first-time buyers priced out of the open market to purchase a share of a property and pay rent on the remaining share - she discovered XVII, a new Shared Ownership development in Tooting, South London, comprising one and two-bedroom homes. 

 

Aveen wasted no time in contacting Thames Valley Housing, as the homes were close to where she was renting with friends.

What is Shared Ownership?

What is Shared Ownership?

Does it mean you have to share a house with someone?

“Shared Ownership is associated with a number of perceptions. For some people, the phrase might bring back mildly alarming memories of living with housemates and their accompanying clutter. For others, the idea of owning only part of a home is simply less preferable to owning all of it. Shared Ownership however, makes home ownership more accessible, not through the lending of more money like in other Help to Buy schemes, but by allowing the buyer to borrow less.”

 

Is Shared Ownership more affordable than other schemes?

Young family bought Shared Ownership home based on floor plans and reputation of Thames Valley Housing

Hannah Pennell and Charles Barker, Thames Valley Housing, Shared Ownership

When they decided to move in together after just a few months as a couple, Charles Barker and Hannah Pennell looked at only one home before making an offer. 

Clearly a couple who make their minds up quickly, Charles and Hannah were not only looking for an affordable home that provided enough space for them and Hannah’s daughter Layla, but a scheme that offered ease and clarity throughout the process. They found the Foresta development in Horley, Surrey, on Thames Valley Housing’s website and, after checking out the location, they registered their interest in buying a Shared Ownership home. 

Shared Ownership helps young family in Horley get on the property ladder

Danielle and Daniel Case Study Thames Valley Housing

For Danielle Angel (28) and Daniel Stewart (30), the decision of whether to continue renting or take that step onto the property ladder was made easy after hearing about Shared Ownership. 

New homes by Thames Valley Housing in Horley, Surrey near to where they were previously renting in Reigate, became available earlier this year and provided the opportunity they’d be waiting for to afford to buy their new home.

“I know that living in a two-bedroom apartment with our two-year-old son Finley, eventually we’d need a larger home,” says Danielle, “so I’d signed up to receive email alerts from Thames Valley Housing but I didn’t expect to see something so perfect for us, so soon.”