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South East London H.O.L.D Initiative

South East London H.O.L.D Initiative. Home Ownership for people with Long-term Disabilities. A Brief Introduction. H.O.L.D provides: Choice where people want to live An opportunity to become a home owner Security – 45 year mortgage Adaptable to changing needs Continued Support.

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South East London H.O.L.D Initiative

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

  2. A Brief Introduction H.O.L.D provides: • Choice where people want to live • An opportunity to become a home owner • Security – 45 year mortgage • Adaptable to changing needs • Continued Support

  3. How HOLD works: Working with the Mortgage Advocate – My Safe Home Ltd for mortgage process. Mortgage up to £200,000 maximum, preferably nearer £100,000 – Income Support pay the mortgage. Rent and service charge, paid by Housing Benefit. Purchase New Builds (NBHB) or resales. Have a full repairing lease.

  4. Receive support throughout the whole purchasing process from HOLD Coordinator at in touch. • Support will continue until all benefits have been awarded. • Will continue to receive support from My Safe Home with the mortgage for 3 years plus.

  5. Eligibility Criteria • 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 13 weeks. Receive Disability Living Allowance. • Have a Long Term Disability – Learning Disability, Mental Health, Physical Disability. • Have access to set up costs of about £4000 • Have a clear credit history • To be currently living in accommodation which does not suit the needs of the client.

  6. Conclusion H.O.L.D • Provides Choice. • Provides Security. • Promotes Independence.

  7. To Apply: • Contact London & Quadrant, Enquiries & Applications Team on 020 8294 5000. Website: www.lqgroup.org.uk • Register with Housing Options • Fill out the Housing Options Application Form For further information please contact: Joanne Bridges HOLD Coordinator In touch Tel: 020 8297 7636

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