Affordable Housing Stigma

[bluefortress]

Im considering buying a new build house via affordable home scheme ie shared ownership, so Id hope to own it eventually

However Ive been having a look on new build websites and have found that people in affordable homes are stigmatised . People are telling others not to buy a house next to one etc and blaming spilt rubbish on them etc.  

Thing is I would be working (im qualified in healthcare) Ive just not quite got enough to get a full mortgage in that area. 

Do you think the rest of the estate would look down on me..

 

[scorpiojo]

Are they really stigmatised? Does owning a home automatically make someone a better person?

[bluefortress]

Well it sounds like they are stigmatised based on the comments I read ie 'dont buy a house near the affordable home side of the estate' etc

 

[calmck]

Snobs.

[Untitled]

People are like that where i live yes. i often hear disparaging remarks about people in that position. it is extremely nasty. 
 

pay them no attention and do what's best for you. 

[naomi24]

Presumably others on the estate would be buying under the same scheme - and who's to know your business anyway - unless you tell them?  Go for it if you think it will be beneficial to you - and keep your finances to yourself.  Good luck.  

[barry1010]

There are people like that but they are short of thinking.

Usually shared ownership schemes prevent the property being rented out, whether by formal short/long term rental contracts or via AirB&B. 

 

[davebro3]

I'd not heard this. It's the case that in some areas of rented properties the homes are not as well cared for as if they were owner-occupiers but I'm not sure if this extends to shared ownership schemes.

[barry1010]

It doesn't. Shared ownership means that the occupier has a financial interest in the property through the mortgage and is also bound by the terms of the shared ownership scheme as to exactly what they can and cannot do with the property.

[Old_Geezer]

I don't claim to have any experience, but this seems to be a 'you problem' in the main. In life you need to make effort not to react to other people's idiocy. (I confess that I have issues with that, but I'm still trying not to care about what others think of me.)

 

Why should you care if others look down their nose at you ? You are likely exaggerating anyway, there is a tendency to fret over worse case scenarios. You live and get on with your life, let others think what they like.

 

In fairness an area's reputation is something to consider for when you sell up, but you can't know how that will go anyway.

 

If worried about idiots acting against you (you mention rubbish which I interpreted as fly tipping) then get a cctv camera up, and/or one of those camera doorbells maybe.

[albaqwerty]

I doubt it. I reckon the rest of the estate will be too busy worrying about paying their own bills without being concerned about you.

[pastafreak]

I think it shows that the people making the remarks don't really understand the purpose of shared ownership. It's to HELP others get on the property ladder. 

[barry1010]

Some new estates have a mix of owned, shared ownership and social housing (usually housing association), it's the 'dream' which is supposed to encouage social cohesion and integration, motivate social housing tenants to have pride in their home and the area, be good tenants area and break away from the perceived council estate mode.  No more ghettoes where police are feared to tread.

The councils make it a condition of planning consent.

[bluefortress]

Thanks for all the replies^ 

 

[MarleneSB1955]

A couple of things. It's not helpful to live your life through the imagined perceptions of others. If it works for you financially, go for it. In 20 years' time, no one will know how people in your street bought their homes. How do you know the comments and cautions you mention are not coming from renters? You have to focus on what's good for you and your long-term future.