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A happy young couple and their big house.
Perhaps, in any country it is very acute issue of affordability of their own homes young families. Most of your house or apartment can only dream of, but a pair of young couple from Newport (United Kingdom) was able during the year to move to its own and fully equip without a mortgage and parental help. In this they were helped by a government program, but the conditions of the generous offer were more than draconian!
Newlyweds Nathan Dow and Tila Stenvort in twenty years have become the owners of a large landscaped home with 5-year state program that helps young families to buy their own housing. they carried out the first part of the contract, and could already move into the house, but the next five years will show if it is possible to adhere to such severe rules or still have to pay the state a huge penalty, and can and does say goodbye to... so cozy housing.
Let's start in order
The young men had known each other since school and realizing that to live without each other is impossible, decided to get married. At this time, there was a question about a particular housing, as always be in the house of his father Nathan did not want them. It was therefore decided to go to study at special courses and not to university and get a profession, in order to quickly start working.
Learning about the possibility of obtaining credit loan, which is interest-free loan for five years, under which the state repays 20% of the cost of housing, they decided to use it. But not so easy as it seems at first glance.
To become a member of such a reduced program and get a loan to buy a house, you have to pay the first installment, amounting to 20% of property value. And it is a lot of money, even for hard-working people. Since the aggregate income of a young family was not so great, and rely on parental care they did not have, could only maintain total saving mode.
Here are the guys and had to give up all the charms of youth - trips to clubs and cafes, trips trips and summer vacation, purchase fashion items, and even the most basic - the purchase of high-grade products!
They ate a whole year only beans, noodles and vegetables, denying themselves even in the most elementary to collect the necessary sum. Wedding, too, had to be postponed, confining only a modest engagement to arrange a holiday already in his house. Despite such a rigid framework, they were able to perform the first part of the contract.
A year later, having collected the necessary sum, and filling out all the necessary papers, they moved into a house that will become their property in five years. But this happy event is a double feeling, after all these years, they will have to work very hard and in all deny yourself.
Even despite the fact that a year of hard work has helped them advance their careers and salaries grew, but it still will not be enough for a full life. Therefore, all the next five years, young people have to live in austerity mode, not to overdue payments on the loan. Otherwise, it threatens grandiose fines and the payment of a penalty. They will even be able to stay and no money paid, and without shelter!
Of course, the state program helps to buy their own homes at short notice and without the credit life, but it is a very great hardship and risk, which solved a few pairs.
Despite all the disadvantages, Nathan and Tila are very pleased that decided on such draconian conditions, because there is nothing better in life than after a hard day to come to your cozy home.
Yes, many people are willing to sacrifice in order to had a roof over his head, until the building a house with his own hands, using the materials at hand, and an ordinary car trailerThat helped pretty spare and do not get into the credit bondage.
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A source: https://novate.ru/blogs/250818/47563