Shared Ownership case study – meet Ben and Nick

 

02 September 2020

Oh brother! Meet the siblings who bought their first homes in the same stunning apartment block.

It seems an impossible dream to find a beautiful and affordable apartment on the banks of the River Thames.

But through Shared Ownership with Optivo this became a reality for brothers Ben, 24, and Nick, 26.
 
They chose two one-bedroom apartments, just one floor apart, at Waterway in Wandsworth.
 
It’s fair to say they’re both happy with their stunning new living quarters in one of the most sought-after districts in South West London.

…And they admit there are perks to living so close to one another.
 
IMAGE: Brothers Ben and Nick celebrate moving into their new homesNick said: “You look over the balcony and you’ve got a great view of the London skyline. I was looking at places for the same amount of money which were half the size. This is absolutely amazing.”
 
Ben explained: “The views you have of the River Thames – it’s perfect. At night time you can see the ripples of the water, it really is a beautiful sight. I feel very lucky.

And he added: "It’s handy because if I’m out and I’m expecting a delivery I can ask Nick!”

 
Ben, a quantity surveyor, had been living with his mum near the Waterway development and was keeping a close eye on the construction work.
 
He explained: “I could see the building going up so I knew the views would be great. I love Wandsworth and wanted to live close to all my family. I was fairly persistent about getting my application in!”
 
Nick had been renting and spending over £900 a month. Having researched all of his housing options it was clear Shared Ownership was the best way forward.
 
Both siblings knew a bit about Shared Ownership as other family members had gone down this route before.
 
And for the brothers, Waterway ticked lots of boxes including ideal location, being spacious and value for money.
 
The area is also home to a colourful mix of shops and restaurants, bars and boutiques – making it the perfect choice.
 
Nick, who works as a solutions analyst, said: “If I bought a property with an outright mortgage it wouldn’t be anywhere near the quality of the place I’m in now. With Shared Ownership it’s not a waste of money. You have a mortgage so it is a form of saving.”
 
Ben described how moving was made easy by Optivo, even through the Covid-19 health crisis.
 
He said: “Elaine and Rohel (from the Sales and Marketing Team at Optivo) were so helpful. Both were fantastic and supportive. With Covid-19 I felt everything would be up in the air, but the process actually went very well. I was expecting it to be a lot harder, but it was great having that point of contact and being given that reassurance throughout. Moving is always stressful, but Optivo took a lot of the stress out of the whole situation.”
 
Both Ben and Nick have each bought a 25% share of their one-bedroom apartments.

*To find out more about Optivo’s homes at Waterway visit https://waterway-wandsworth.co.uk/, email sharedownership@eu.jll.com or call 020 7853 4300.

* To find out more about Shared Ownership with Optivo click here.