16 November 2016
A picture of Supporting young people onto the property ladder

Like most young people, Stevie and Stephen Fulford were unsure how they were going to be able to afford their own home in their home town of Bideford.

Having previously lived in rented accommodation in the area, the married couple spent around 17 months living with Stephen’s parents where they realised it was taking a lot longer to save for a larger deposit for a home than they expected.

That was until they came across Sanctuary Group’s College Park development in Bideford and the perfect two-bedroom property for them and their five-year-old daughter, available to purchase on a shared ownership basis.

The location of the new home was also ideal for the Fulford’s, five minutes from a secondary school for their daughter and within close proximity to the main high street of Bideford with its various shops.

Stevie said: “Sanctuary’s shared ownership scheme was ideal for our situation. It required a realistic and affordable deposit which was a great option for us.

“We would not have been able to get on the property ladder if it wasn’t for us finding the scheme. The house is a lot bigger than our previous rented home which is ideal for when we expand our family. Owning our own place has made family life a lot better for us, with our daughter now having her own space and a lovely garden she can play in.”

The couple’s story highlights the growing need for the construction of much needed new homes across the country.

The National Housing Federation this week highlighted the fundamental role housing associations can play in addressing this need through the sector’s Ambition to Deliver 120,000 homes a year.

Sanctuary is playing a key role in this ambition with the Group’s exciting plans to develop 24,000 new homes between now and 2026 in direct of support the Government’s aspiration of increasing home ownership.

Stevie added: “Being young parents and managing to buy a property thanks to this scheme helps to show others in a situation like ours that it can be done and there are organisations that can help you get on the property ladder.”

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