We have reached a key milestone in our history –15,000 homes!
We marked the occasion by making a presentation to young couple Natalie and Jake who have moved into a new three-bedroom shared ownership home in Milton Keynes.
Executive Director of Strategy and Business Services, Sarah Nickson, presented the couple with 15,000 pence worth of shopping vouchers, a beautiful bouquet of flowers and a bottle of bubbly to celebrate.
The couple lived with Jake’s parents for a year while they saved for a deposit – and they were delighted that the shared ownership scheme at Paradigm has allowed them to get a foot on the property ladder.
Natalie said: “The small deposit was what appealed to us most about shared ownership – on our earnings a month we could afford a mortgage, but couldn’t afford to buy outright. To save a larger deposit we would have had to live with Jake’s parent for at least another two years. We have a five-year fixed rate mortgage and will re-assess whether we buy more shares in the house or move at that point.
“The house is in a great location, we’re only five minutes from the shops and ten minutes away from our jobs and the town centre. The whole process with Paradigm went really smoothly.”
Jake added: “We are settling in really well. It still feels a bit surreal that this is our place, but we are gradually making it feel like home.”
Sarah Nickson said: “Congratulations to Natalie and Jake on moving into their new home and helping us to mark our 15,000th home. It was a real privilege to talk to them about their plans for the future.”
Chief Executive Matthew Bailes said: “Paradigm has been changing lives by providing decent secure affordable homes for over 30 years. Now more than ever we need more affordable homes for the thousands of people who are locked out of the housing market. We are proud to have reached the 15,000th home milestone.”
If you are interested in finding out more about shared ownership properties in Milton Keynes or elsewhere, visit Paradigm’s website here.