HOME OWNERSHIP FOR PEOPLE WITH DISABILITIES OR SUPPORT NEEDS David Abbey, MySafeHome Limited T: 024 76 402211 W: E:

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Presentation transcript:

HOME OWNERSHIP FOR PEOPLE WITH DISABILITIES OR SUPPORT NEEDS David Abbey, MySafeHome Limited T: W: E:

AGENDA Overview of Home Ownership Homebuyer’s story (Daniel with support) 2010 & Beyond. Challenges for Home Ownership Some solutions

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, 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

DANIEL’S STORY

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 address)