Posted on 18 September 2017
Today we celebrate #HousingDay 2017. We are delighted to be supporting this event, which aims to celebrate the positive impact of social housing on people’s lives. The theme for the fifth annual #HousingDay is “real people, true stories”, so we thought we would take this opportunity to showcase some of our own amazing residents' stories.
Over the past 50 years we have provided homes for people from all walks of life, we exist to provide people left behind by the housing market with a roof over their head. This can mean anything from helping people like Daniel, a frustrated 22 year old Police Officer, to take his first steps into home ownership, to working with outreach schemes that help homeless people like Lloyd to find a permanent home.
Interim Group Director of Housing, Chyrel Brown said: “Hyde is firmly committed to finding solutions to the housing crisis to provide more, much needed, new homes. Every working day we house 11 families. We are proud to support #HousingDay and to join with colleagues across the sector to highlight the very important role of social housing.”
A new generation of house hunters are finding themselves relying on the rental market and unable to find a home of their own. In 1991, 67% of 25-34 year olds were homeowners, but by the end of 2014 this number had declined to 36% . Unfortunately Daniel Ward, at 22 years of age, found himself on the wrong end of these statistics and struggling to change his situation.
As a Police Officer working irregular hours, Daniel was left with little time for property hunting, but was keen to find his own patch on the streets he helps to keep safe. For Daniel, like most 20-somethings, homeownership is a high priority, but rising house prices made purchasing his first property seem impossible. Daniel was growing increasingly frustrated with the lack of affordable options available to him in an area near to work and friends.
This all changed in April, when the perfect solution was found at Hyde New Homes’ development The Coppice in Maidstone. Daniel purchased a two bedroom Shared Ownership apartment at the development. Daniel comments “It was the easiest way for me to get a foot onto the property ladder. My salary alone would have been too stretched to get a private sale mortgage and still have money left to spare for everything else.”
Daniel comments “I had looked around at other Shared Ownership developments that just weren’t right. However, once I found Hyde New Homes, it was a smooth process. I had a deposit down within a month.
“My main aim was to find a property near work and friends. Now I live closer to work and have time to relax after a long shift.”
The Coppice offered Daniel the blank canvas he required and the freedom to personalise his home without the constraints of renting, while also meeting eco considerations that keep heating bills down. “After viewing the development I realised how much nicer and cleaner it was compared to many of the other properties I had viewed. New builds have a better style with important things like insulation making a huge difference.”
For more information on Hyde New Homes’ alternative Shared Ownership properties please visit hydenewhomes.co.uk or call 0345 606 1221.