Educating young people to help them to make successful and informed choices on their first home An educational resource for 14-16 year olds www.ahomeofyourown.co.uk
Comprehensive training resource aimed at improving the awareness of young people about the housing options available to them, the costs of the choices they make and how to be a good householder. Partnership project by the Homestamp Consortium
Our research with YOUNG PEOPLE showed. Young people often move into accommodation without a clear view of the costs, the options and the responsibilities they have. Flexible early intervention was seen as vital in enabling young people to make a successful move into independent living. Access to practical and financial help, as well as other sources of support and guidance, is the key to successful housing outcomes. Although many young people voiced a strong aspiration for home ownership, for others a social housing tenancy was a key aspiration in itself. Young people felt that they would move out below the age of 22 which they may need to re-think in this financial environment. Homestamp research statistics 2010/2011
Our research with LANDLORDS showed their top concerns that their tenants should know were Financial management managing bills etc. Paying rent (in the appropriate manner, on time etc.) Social responsibility treating the property like it was their own home Legal responsibilities of tenants and understanding landlord responsibilities Anti-social behavior 9 million people in England rent their homes. One third are families. 50% are over 35* Homestamp research statistics 2010/2011 *Shelter
Who can use A Home of Your Own Within the curriculum targeting 14-16 year olds. Within FE establishments 17-18 year olds. Disadvantaged young people including groups who work with the homeless.
is made up of four flexible lessons: Lesson 1: Housing Options Lesson 2: Costs of setting up and running your own home Lesson 3: Renting from private landlords Lesson 4: Renting your first home Each has its own lesson plans for teachers.
Lesson 1: Housing Options Where will you live? Didn t truly understand their housing options. Most wanted to move out between 19-22 84% thought they would eventually own their own home Over 85% of landlords rented property to 17-25 year olds
Lesson 1: Housing Options What job will you do? What qualifications will you need to do this job? What will be your estimated salary? More understanding what career and therefore disposable income they will have. @ 40% expect to pay rent by being employed The ability for tenants to understand and manage their money
Lesson 1: Housing Options How much will a home cost to buy or rent? Didn t fully understand the high costs of buying or renting a home though 63% felt they would rent Over 25% thought they would pay 50 per month in rent for a one bedroom flat; though most expected between 160-500 Majority of landlords rented a one bedroom flat for between 260-460 per month with a deposit between 260-560
Lesson 1: Housing Options Basic understanding of mortgages and buying a home and financial planning. Not all fully understood the high costs of buying or renting a home The ability for tenants to understand and manage their money
Lesson 2: Costs of setting up and running a home How much will it cost to furnish your own home? Didn t think of the full consequences of setting up a home; cookers and fridges were highest on the priority list internet access the least of their priorities.. 61% of landlords rented furnished property. However tenants will still need items for furnished flats
Lesson 2: Costs of setting up and running a home Household bills an overview and amount you can expect to pay what are priority debts and what are non-priority? Didn t fully understand the financial management of bills, although many had a good estimate of what they would be likely to pay each month The ability for tenants to understand and manage their money and pay rent
Lesson 2: Costs of setting up and running a home You know how much income (salary / benefits) you have. You know what the bills will be. Can you afford your own home? Not all fully understood the high costs of buying or renting a home The ability for tenants to understand and manage their money 90% of landlords charged rent in advance
Lesson 2: Costs of setting up and running a home The loan game type of loans you can get and the implications of using different providers the good and the bad. Didn t fully understand the implications of taking a loan The ability for tenants to understand and manage their money. 84% rented properties to single people
Lesson 3: Renting a property Understanding and knowing about the legal documents when renting. Comprehensive overview with test. Didn t fully understand what information they should look at when renting a home. Over 50% thought they would rent council or housing association property many within 1 year The ability for tenants to understand landlords and tenants rights 50% rent to groups of house sharers
Lesson 4: Renting your first home Being a good neighbour. Understand why being a good neighbour is important Highlight the need for responsibility within rented properties and in neighbourhood
Lesson 4: Renting your first home What to ask before you view and what you should check. Limited understanding on everything you should ask when renting a property The ability for tenants to understand landlords and tenants rights..
Lesson 4: Renting your first home Landlords and tenants rights. Didn t know the details of tenants and landlords responsibilities when renting property.. The ability for tenants to understand landlords and tenants rights
Lesson 4: Renting your first home Check your learning role play. Tenant renting from private landlord Didn t fully understand everything you should ask when renting a property The ability for tenants to understand landlords and tenants rights
Lesson 4: Renting your first home Security and fire safety in your new home. Didn t fully understand the need for safety in your home The ability for tenants to understand landlords and tenants rights
Where we are at? A Home of your Own is currently in test phase across the range of target groups. Feedback will be assessed and pack updated. National Curriculum accreditation through PSHE and PFEG. Downloadable resource. Funding streams to extend the use of the pack through a variety of supported training and print versions. Educating young people to help them to make successful and informed choices on their first home Anticipated release for September 2104 school year. www.ahomeofyourown.co.uk
What are we ALREADY doing? Read This First is a vital tool for tenants covering everything you need to know about renting with advice for landlords. Contains advice on all areas of renting, plus checklists and useful contacts Download from: www.homestamp.com/readthisfirst
Educating young people to help them to make successful and informed choices on their first home An educational resource for 14-16 year olds www.ahomeofyourown.co.uk