Rural communities are in desperate need of affordable housing. Across England and Wales rural house prices are rising twice as fast as in cities. This means those living in the rural areas often can’t afford to buy their homes outright. So for many Hastoe residents our shared ownership properties offer a cost-effective way for them to take their first steps onto the housing ladder, whilst helping them stay in their local community.
In Rural Housing Week, we've been speaking shared owner Claire. When she found a Hastoe shared-ownership house over 17 years ago, it was instantly appealing because it meant that she and her son could live in an affordable, high-quality home and remain living close to her friends and family. She says:
After looking at a number of properties, with different housing associations, Claire purchased a 30% share of a two bed Hastoe home. She explains:
“It was the first property I every bought and I was so lucky with Hastoe because I was able to feel a true sense of ownership. Even through it was only a 30% share it really was mine and my son’s home. We had a really lovely two double bedroom, property with a decent sized garden, kitchen diner and living room. It was a really high-quality house, built to a good standard and was the perfect home for me and my son at the time.”
By early 2020, Claire decided she was ready to move on from her Hastoe home, so got in touch with our sales team. She says:
For Claire the scheme gave her more than just a house, it gave her a lovely home to raise her son: