Thirteen welcomes first shared ownership buyer to new Stainton development

Thirteen has welcomed the first shared ownership resident to its Rose Cottage Farm development in Stainton, near Middlesbrough.

Stainton Development Middlesbrough

7 Mar 2017

Tracy Horkan (42) has purchased her new home under the Help to Buy: Shared Ownership scheme, which allows people to buy a share of a property and pay rent on the remaining share.

Tracy, who works at Skerne Park Academy providing pastoral and therapeutic support to pupils, had struggled to secure a mortgage after being made redundant last year and becoming self-employed. She moved from London to be closer to family in Marton.

Thirteen has partnered with Taylor Wimpey to develop properties at Rose Cottage Farm, providing three-bedroom affordable rent and shared ownership homes.

Tracy said: "When I was made redundant and became self-employed it was impossible to get a mortgage to buy a property outright, but I feel so fortunate that I have got this lovely home, in a beautiful location thanks to shared ownership.

"It's a perfect solution for me and allows me to own a part of my home, with the option to buy further shares when I can afford it. I'm so grateful for the support of Thirteen throughout the process and looking forward to settling very happily in Stainton."

Ian Wardle, chief executive at Thirteen, said: "We are really pleased to welcome Tracy to Rose Cottage Farm. It is a lovely development in a very picturesque village location.

"We are proud to work in partnership with Taylor Wimpey to bring these high-quality properties to the market, and I am sure that Tracy will be very happy in her new home."

Thirteen has a wide range of affordable properties available across the region. You can find more details at the Find a Home webpage or contact the Thirteen customer service team on tel: 0300 111 1000.