Escaping the rental trap with Shared Ownership at Hanwood Park, Kettering
Kamila and Robert are proud owners of their new home at Hanwood Park in Kettering thanks to the Shared Ownership scheme.
Originally from Poland, the couple had been privately renting in the UK for 10 years but had a deep desire for permanence and personal space, and a place their family could truly call home. To attain their dream of home ownership, they had been consistently saving for a deposit, prioritising saving over spending on non-essential items.
The Shared Ownership scheme made their dream significantly more attainable than they initially thought, as being able to purchase with a 5% deposit provided a feasible path for them to save the funds needed without the overwhelming pressure of accumulating a large sum upfront.
Kamila says: “The Shared Ownership scheme offered us a practical and accessible path to home ownership, allowing us to balance our financial responsibilities more effectively while achieving the dream of owning our home.”
Their decision to buy a brand new home was influenced by years of privately renting and living in properties that constantly needed repairs. “Opting for a new build meant we could move in immediately without the added stress of planning renovations during an already busy moving period. It represents a fresh start, allowing us to establish our own memories and traditions in a space that feels designed for us.”
They were diligent in their search for a new home, spending every Sunday exploring local areas and visiting several new build developments, but were unexpectedly guided by another house builder who recommended Orbit Homes, based on the couple’s expectations for their new home.
They visited Hanwood Park and were immediately drawn to the spaciousness of the development, given their preference for a more open living space. After viewing The Maple, a 3-bed semi-detached house, they knew it was the home they had been searching for: “Orbit Homes not only met but exceeded our expectations, offering a home that felt designed with us in mind.”
Our all-inclusive specification was a contributing factor in their decision to buy with Orbit Homes: “The fact that our home came with all the essentials already in place was a delightful surprise that set Orbit Homes apart from other developers. In our experience, many other new builds come at a price that doesn't include many essentials, requiring additional investments right from the start.”
The couple reserved their new home during its construction and were able to choose the internal fittings: “The option to personalise our space by selecting the kitchen colours and flooring was the icing on the cake, allowing us to make the home truly ours from the outset.”
The process of buying a new home can often be daunting for first time buyers, and at Orbit Homes we strive to make our customers’ journey as easy as possible, so we’re very pleased to hear Kamila’s thoughts on their purchasing journey: “From the outset, the process of purchasing our home through the Shared Ownership scheme was made straightforward and transparent, thanks to the exceptional guidance and support provided by Orbit Homes”.
One of the benefits of buying a new build home is the running costs. On average, new build houses are 66% more energy efficient, saving homeowners up to £184 a month in energy bills and the average new build energy bill is 55% cheaper than the running costs for older properties. *
Kamila and Robert moved into their new home in November 2023 and have experienced this first hand: “The energy efficiency of our new home has been a remarkable benefit, bringing comfort and financial savings that exceeded our expectations”.
“We are excited about the years ahead in our Orbit home, embracing the community, and enjoying the security and stability our new home offers. To anyone considering this path, our experience stands as a testament to the tangible benefits and joy that come from choosing Shared Ownership and Orbit Homes.”
We are pleased to welcome this family to the new community at Hanwood Park and wish them many years of happiness in their new home.
Hanwood Park is now sold out, but you can find full details of our current Shared Ownership developments HERE
* Home Builders Federation Watt a Save report January 2024.
