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Hyde New Homes Annual Review 2011-12 - Hyde Housing ...

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CASE STUDY<br />

“I feel really settled now and I’m<br />

only paying what most people<br />

would pay to rent a studio flat in<br />

this area!”<br />

School administrator Alison, 34, moved into her two bedroom<br />

apartment in Deptford in March <strong>2011</strong>. Alison had been renting since<br />

returning from travelling, but decided to move back in with her<br />

parents to save for a deposit.<br />

‘I wanted to find a home somewhere close<br />

to where I work in Bermondsey. I looked on<br />

the open market for a while and couldn’t find<br />

anything that had a roof within my price range!<br />

I had been looking for about two years when<br />

I saw this property on the <strong>Hyde</strong> <strong>New</strong> <strong>Homes</strong><br />

website. I got really excited as it ticked all the<br />

boxes for location, and size; I was sure I would<br />

have to settle for a one bedroom or a studio<br />

apartment and was delighted I could afford a<br />

home with two bedrooms.<br />

‘Once I decided to go ahead with the purchase,<br />

the whole process was very speedy; the<br />

current owners were moving into rented<br />

accommodation. This just left my mortgage<br />

and legal work to arrange; I must admit I had<br />

no clue how to go about buying a property, but<br />

the resales team were brilliant and were always<br />

on hand to answer my questions. The whole<br />

thing took about three months from viewing to<br />

moving in.<br />

‘It is nice to have my own space! I can walk<br />

into Greenwich in half an hour along the river<br />

and I love the fact I can park my car outside the<br />

development, not five miles away. I work nearby<br />

in Bermondsey, so the commute time is really<br />

short. The public transport links into central<br />

London are also very good if I fancy a wild<br />

night out!<br />

‘The flat itself is spacious and light. I feel really<br />

settled now and I’m only paying what most<br />

people would pay to rent a studio flat in this<br />

area! Shared Ownership is a great way of<br />

allowing ordinary people to live in areas that they<br />

wouldn’t normally be able to afford.’<br />

<strong>Hyde</strong> <strong>New</strong> <strong>Homes</strong> <strong>Annual</strong> <strong>Review</strong> <strong>2011</strong>/<strong>12</strong> 33

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