A shared equity scheme has helped one first-time buyer in the East Midlands achieve her dream of owning an affordable home.

Trina Davies, 25, had been living in rented accommodation and needed support in order to take her first step onto the housing ladder.

"As a single first time buyer I didn't have a deposit so researched the best deals developers were offering and looked around a number of new homes developments," she commented.

David Wilson's shared equity schemes proved to have the answer, however – the firm offers deals to buyers that allow them to receive an equity loan of up to 25 per cent towards the cost of purchasing, while still owning 100 per cent of the property.

Trina was able to purchase at the development in Danbury Place, Leicester, and her monthly repayments are just £406 – less than she was paying to rent a property.

David Wilson's construction team recently celebrated winning five Pride in the Job Awards from the National House Building Council.
Source: 4/08/09