Shared ownership doesn’t mean I have to share

Shared ownership is an affordable way to buy a home of your own. NCHA's customers have written about their experiences in a series of case studies, to explain what shared ownership has done for them.

Harjeet Singh, mum of two, works as a housekeeper. She bought a 25 per cent share of a three bedroom home at Abbey Meadows, Leicester through shared ownership with NCHA.

 “My two boys and I needed to find a new home and renting was expensive. My employer who had a connection with the builder at Abbey Meadows proposed shared ownership.

“There are some misconceptions about shared ownership - I thought I would have to live with other people because it’s shared ownership (I don’t!). My employer fully explained the scheme and I asked a lot of questions before I committed.

“I work long hours and so my eldest son helped with emails to ensure a smooth process. I felt apprehensive, but Kirren in the sales team supported me so much, she explained everything really well.”

Harjeet was lucky to have a £20,000 deposit so only required a mortgage of £47,500 and pays £477.62 rent on the remaining share.

“We moved in at the end of September, and we still have boxes to unpack as I have been busy working. There are also delays on our furniture deliveries so my sofa and dining table are not coming until the New Year.

“I’ve had a good experience, the process was very speedy and I am very happy to have this beautiful new home. The house is convenient for my boys and my work. I do not drive so it has good public transport connections into the city. In a year or two I would like to start saving money so I can purchase the property so I own it outright.

“I’m so proud of myself to be able to own my own home, as without shared ownership there was no chance I’d be able to. I would like to thank everyone that supported me and now I am looking forward to getting settled in our new home.”


If the story above has inspired you to take the next step toward buying a home of your own, search for shared ownership properties to see what's available in your area. You can also read about buying a shared ownership home.