myOwnHome: new employee benefit inspires home ownership
Anne-Marie Alexander, Commercial Services Team Leader, was stunned to learn that she could achieve her goals of homeownership thanks to Stonewater’s myOwnHome – an innovative employee benefits scheme designed to allow colleagues to overcome barriers preventing them from owning their own home, through shared ownership.
I’ve worked for Stonewater for around four years now and initially found out about the scheme at my second annual all company colleague event. I didn’t apply for the scheme straight away as despite being qualified when it launched, I didn’t have a deposit saved as I’d never even considered that I could afford to buy my own home.
I’ve always lived in Bristol and it’s steadily become an increasingly expensive place to live - the property prices are so high, and it seemed impossible for me to even contemplate buying a home on my own.
However, learning of the scheme did motivate me to start saving knowing there was now a chance for me to own my own home – something that’s always been a dream of mine, especially to be able to do it on my own.
The process couldn’t have been smoother on Stonewater’s part. After saving my deposit I spoke to my team leader who gave me an overview of the process and the next day I submitted my application.
My home buying journey began in November 2020 and I completed my move in May this year, with the only hold-ups being managing the legal process and liaising with my solicitors. Any questions I had Stonewater were quick to answer and provided helpful insight into the home buying process. The whole time I felt reassured and confident that I would move into my new home as planned.
Going from being a Stonewater colleague to a Stonewater customer didn’t change anything – everything is dealt with such privacy no one would ever know that you’ve benefitted from using the scheme.
I now own my own home at 27 and I couldn’t be happier. New builds don’t often come up with shared ownership, so I feel even luckier to be in the home I am. It’s a three-bed, has a garden and I’ve finally been able to get a dog – something that’s just not possible most of the time while I’ve been living in rented accommodation.
I’d recommend the myOwnHome scheme to other colleagues; it’s allowed me to move forward in my life in a way I really could never have done it without the help of Stonewater.
If you think this might be a place you’d like to work, check Stonewater’s latest vacancies, here: https://www.stonewater.org/careers/
Alternatively, for more information about Stonewater’s homeowning schemes visit: www.stonewaterhomes.co.uk