Full details of the scheme can be found on
our consumer
website but by way of a summary, here are the
key benefits to a person with a disability.
- A real choice of where to live: if the person with
a disability is living at home with parents and
would prefer to move out, Shared Ownership Homes introduces
the possibility of moving close to the family home where
continued close involvement of parents, relatives and
friends remains practicable
- Long term security: residential care homes and tenanted
accommodation do not provide long term security - your
own home does!
- More control
- Better quality accommodation with a regulated landlord
for the rented share of the property
Buying a home with Shared Ownership Homes means:
- No charge to the individual in respect of fees associated
with the purchase of the home: fees such as legal and
valuation costs are borne by Shared Ownership Homes, which
in turn are funded by the partners (Housing Association;
Care Purchaser; Lender)
- Free help and advice in all stages of the transaction:
to include help with the completion of mortgage and State
Benefits applications
- Free help and advice to find a suitable property to
buy
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