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HOME OWNERSHIP FOR PEOPLE WITH DISABILITIES OR SUPPORT NEEDS David Abbey, MySafeHome Limited T: 024 76 402211 W: www.mysafehome.info E: Davidabbey@mysafehome.info. Overview of Home Ownership Homebuyer’s story (Daniel with support) 2010 & Beyond. Challenges for Home Ownership Some solutions.
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HOME OWNERSHIP FOR PEOPLE WITH DISABILITIES OR SUPPORT NEEDSDavid Abbey, MySafeHome LimitedT: 024 76 402211W: www.mysafehome.infoE: Davidabbey@mysafehome.info
Overview of Home Ownership Homebuyer’s story (Daniel with support) 2010 & Beyond. Challenges for Home Ownership Some solutions AGENDA
OVERVIEW • Home Ownership gives people with a disability real options - Where they live - Who they live with - Long term security • People can live independently with support • Yet few people have their own home
Shared Ownership makes home ownership affordable and with The MySafeHome Solution provides peace of mind • First person moved in 1999 – helped over 800. Housing in partnership with support package. • Transforms people’s lives
Can buy: • New Build Homebuy or • Properties on open market (HOLD – Home Ownership for people with Long term Disabilities) • Properties up to £400,000 • 18-74 years of age • More able to complex needs
SHARED OWNERSHIP • Buy some of house (with mortgage up to 100% of share) • Rent the remainder • Lease provides repair & maintenance • Mortgage paid by (SMI) Support for Mortgage Interest • Rent paid by Housing Benefit • Both benefits in addition to existing benefits
FAQ • Legal capacity • Joint purchasers • Family investment
HOME OWNERSHIP 2010 & BEYOND Barriers (Parents/Carers/Disabled People) • Information for choices • How to do it locally • (Neg.) attitude
HOME OWNERSHIP 2010 & BEYOND Barriers (Professionals – L/Auth, Care Man., Commissioners, Care & Support) • Information for choices • How to do it locally • (Neg.) Attitude
HOME OWNERSHIP 2010 & BEYOND Barrier - Funding • Care packages • Economies of scale • Start up costs for applicants (£3-4k) • Financing rented portion of property
Prioritise • Solutions for top 3 • We will provide feedback by month end (leave e-mail address)