Trendy London address becomes home for Emma through Shared Ownership
Posted 27 February 2017 by
Ben SalisburyEmma Gilbert struggled to imagine her life outside of East London but never thought she would be able to buy her own home in the capital, with prices in the London Borough of Hackney having climbed over 900% in the last 20 years.
Originally from Manchester, Emma, 30, who works in the Insurance industry, discovered a special affinity for East London, where she lived in shared rental accommodation in Dalston.
After 10 years of renting in London, five of which were in this trendy East London district, Emma came across Network Homes’ Dalston Curve in October 2016. By January of the New Year she had moved into her sleek one bedroom apartment, purchasing a 40% share worth £180,000 (full market value of £450,000).
Dalston Curve is on Kingsland High Street, widely regarded as one of East London’s most vibrant and eclectic spots, with a wealth of trendy bars, restaurants and fashionable hotspots – while also being close enough to the financial heartland of the City.
‘’It’s one of the few places I feel totally at home. It’s close enough to the City for work, but far enough to escape the suits. I was taken aback when I discovered I could buy a home on my own in a location that commands some of the highest prices in the capital.”
Emma’s transition from renting to buying has been a smooth process, and she encourages others to look into Shared Ownership options.
“Shared Ownership or Part Rent Part Buy opens up a wealth of opportunity for buyers who are normally priced out of London’s desirable areas. I have had a seamless experience from application to completion and I can’t wait to make the place my own.”
Six@Dalston Curve is now all sold out but Network Homes is selling properties at other schemes across the capital. Visit Network Homes's page to find out more.