Teacher Tim Clark and girlfriend Louissa Galenski
wanted to move into Cambridge to be closer to work, but couldn’t afford the city’s
high house prices.
Tim had already bought a shared ownership property in Streatham,
near Ely, but was fed up with commuting in and out of the city centre – and
spending so much on petrol.
Having sold up and benefited from a rise in the value of his Streatham
home, Tim and Louissa were able to take advantage of the New Build HomeBuy
scheme offered by Keyhomes East, to move into a new three-bedroom townhouse
in Scholars Walk, Cambridge.
The part-buy, part-rent scheme means the couple, who have three
children between them, have been able to buy a share of a home they could
never have afforded outright.
Louissa said: “The house is great and the
New Build HomeBuy scheme has been fantastic for us. We are so pleased
to have been able to get a house like this in such a prime location.
We could never have done it otherwise.
“House prices in Cambridge are so expensive
that shared ownership schemes are becoming a good option for more and
more people keen to get on the property ladder.”