If you have a long-term disability, the government’s HOLD scheme in England can help you buy any home for sale on a shared ownership basis: part-rent part-buy. You could buy a share of your home (between 25% and 75% of the home’s value) and pay rent on the remaining share.
You can only apply for the HOLD scheme if the homes available in other shared ownership schemes do not meet your needs, for instance if you require a ground-floor home. You must also meet the following criteria:
- Your household earns £80,000 a year or less (outside London)
- You are a first-time buyer, you used to own a home but can’t afford to buy one now, or you are an existing shared owner looking to move
You can find out more information about the scheme and how it can benefit people with disabilities on the following weblinks below:
- Own your home
- Shared ownership scheme
- Local Government Association factsheet
- Advance Housing current provider/facilitator in Cornwall
- Broker