HOLD – Home Ownership for People with Long-Term Disabilities
If you have a long-term disability, the HOLD scheme in England could 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 the other shared ownership schemes don’t meet your needs, eg you need a ground-floor home.
You could buy a home through the HOLD scheme if you have a long-term disability and meet the following criteria:
- your household earns £80,000 a year or less outside London, or your household earns £90,000 a year or less in London
- you are a first-time buyer, you used to own a home but can’t afford to buy one now or are an existing shared owner looking to move.
Only military personnel will be given priority over other groups through government funded shared ownership schemes. However, councils with their own shared ownership home-building programmes may have some priority groups, based on local housing needs.
Your local Help to Buy agent can help you with this scheme.