South East London H.O.L.D South East London H.O.L.D Home Ownership for people with Long term Disabilities.

SE London HOLD This presentation covers: Introduction Introduction How HOLD works How HOLD works Eligibility criteria Eligibility criteria Conclusion Conclusion How to apply. How to apply.

A Brief Introduction H.O.L.D: Is an opportunity for many people with long term disabilities to find suitable housing which better suits their needs. This option is not widely available in any borough. Is an opportunity for many people with long term disabilities to find suitable housing which better suits their needs. This option is not widely available in any borough. It makes it possible for people with Long Term disabilities to part buy part rent. Becoming a homeowner. It makes it possible for people with Long Term disabilities to part buy part rent. Becoming a homeowner.

How HOLD works: A part rent, part buy housing option. Income Support pay the interest on the ‘Interest Only Mortgage’ up to £200,000. This is an additional benefit on top of any welfare benefits clients may be in receipt of. A part rent, part buy housing option. Income Support pay the interest on the ‘Interest Only Mortgage’ up to £200,000. This is an additional benefit on top of any welfare benefits clients may be in receipt of. Housing Benefit pay the rent and service charges on the property. Housing Benefit pay the rent and service charges on the property. There are Mortgage Advocates and one building society that is used to process and provide the mortgage for people with Long Term Disabilities. There are Mortgage Advocates and one building society that is used to process and provide the mortgage for people with Long Term Disabilities.

Currently, potential clients are able to purchase properties which are New Build Home Buy (NBHB) or Re- sales, the share being resold by a vendor. Currently, potential clients are able to purchase properties which are New Build Home Buy (NBHB) or Re- sales, the share being resold by a vendor. This also includes a Full Repairing Lease. Any repairs or maintenance will be the responsibility of the Housing Association to provide. An additional service charge is added onto the lease which is fully Housing Benefit eligible. The only responsibility of the HOLD client will be for furnishings and decoration. This also includes a Full Repairing Lease. Any repairs or maintenance will be the responsibility of the Housing Association to provide. An additional service charge is added onto the lease which is fully Housing Benefit eligible. The only responsibility of the HOLD client will be for furnishings and decoration.

When the application form with Housing Options is filled out it is then sent on to the HOLD Coordinator at in touch. The potential client will then be assessed to ensure they are fully eligible. When the application form with Housing Options is filled out it is then sent on to the HOLD Coordinator at in touch. The potential client will then be assessed to ensure they are fully eligible. When accepted on to HOLD, the HOLD Coordinator will support the client during the finding and purchase of the property. Support will also be provided when the client has moved in for a period of 3-6 months. The length of support provided is based on individual needs. When accepted on to HOLD, the HOLD Coordinator will support the client during the finding and purchase of the property. Support will also be provided when the client has moved in for a period of 3-6 months. The length of support provided is based on individual needs. In touch will also support the individual through any relevant benefit claims ie Housing Benefit. In touch will also support the individual through any relevant benefit claims ie Housing Benefit.

Eligibility Criteria is: Be over 18 years of age. There is no upper age limit. Be over 18 years of age. There is no upper age limit. Be in receipt or eligible for Income Support, Incapacity Benefit for at least 39 weeks. Receive Disability Living Allowance. Be in receipt or eligible for Income Support, Incapacity Benefit for at least 39 weeks. Receive Disability Living Allowance. Have a Long Term Disability – Learning Disability, Mental Health, Physical Disability. Have a Long Term Disability – Learning Disability, Mental Health, Physical Disability. Have access to set up costs of about £4000 Have access to set up costs of about £4000 Have a clear credit history Have a clear credit history To be currently living in accommodation which does not suit the needs of the client. To be currently living in accommodation which does not suit the needs of the client.

Conclusion H.O.L.D Is a fantastic, innovative new housing option for people with a long term disability Is a fantastic, innovative new housing option for people with a long term disability offers equal opportunities to people in receipt of long term benefits by allowing them access to homeownership. offers equal opportunities to people in receipt of long term benefits by allowing them access to homeownership.  allows people with a long term disability choose where they want to live  properties are chosen by the client rather than having to accept the first available property. They do not get put on a waiting list for housing, they are able to look at as many properties before choosing.

To Apply: Contact London & Quadrant, Enquiries & Applications Team on Website: Contact London & Quadrant, Enquiries & Applications Team on Website: Register with Housing Options Register with Housing Options Fill out the Housing Options Application Form Fill out the Housing Options Application Form For further information please contact: Joanne Bridges HOLD Coordinator In touch Tel: