HOME OWNERSHIP FOR PEOPLE WITH DISABILITIES

OR SUPPORT NEEDS David Abbey, MySafeHome Limited

T: 024 76 402211W: www.mysafehome.info

E: Davidabbey@mysafehome.info

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 £400,000

• 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

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 e-mail address)