Emma Gilbert struggled to imagine her life outside of East London but never saw purchasing her own home in the capital as a realistic possibility, with prices in the London Borough of Hackney having climbed over 900 percent in the last 20 years.*
Originally from Manchester, 30 year old Emma, who works in the Insurance industry, discovered a special affinity for East London, where she was in shared rental accommodation in Dalston.
After 10 years of renting in the capital, five of which were in this trendy East London district, Emma came across Network Homes' Dalston Curve in October of 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 situated on the 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 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 www.networkhomes.org.uk to find out more.
*according to Savills May 2016