Mutual commits to help homebuyers with disabilities and raise awareness
With the current economic climate and state of the housing market, many potential homebuyers are struggling to purchase a property nowadays. This is more so for persons with disabilities, according to a study conducted by Skipton Building Society.
Its research has found that the majority (53%) of people with a disability are embarrassed to ask questions when buying a home, although a similar proportion (49%) admitted that they are “absolutely baffled” by the homebuying process.
In addition, nearly seven in 10 (68%) people with a condition that impacts their mobility cited fears of being perceived as incapable of completing the homebuying process. Almost half (47%) of people with a non-visible and/or visible disability are more worried about others thinking they are not capable of buying a property when asking questions, stating that they were worried about feeling stupid or ignorant.
Skipton’s research also revealed that people with a disability in the UK, on average, took longer to buy their first home compared to those who do not have a disability, with those who identify as having a disability taking an average of 5.72 months to complete their purchase, compared to those who do not have a disability taking 4.97 months.
“It’s really shocking to see how many people with a disability feel embarrassed or uncomfortable during the homebuying process,” Charlotte Harrison, head of mortgage products at Skipton Building Society, commented. “Making sure everyone feels at ease when looking to buy a home is something we continually prioritise.
“This international day of disabled persons, Skipton is dedicated to promoting equality for people with disabilities, to make it easier for them to feel comfortable and take their next step on to the housing ladder.”
Harrison said the mutual is keen to raise awareness of the issues facing those with disabilities and showcase what adjustments need to be made due to disabilities, impairments, or long-term conditions.
She added that simple offerings, such as availability of alternative information papers, and installing hearing loops and SignVideo, may help everyone feel empowered to take their first steps to buying a property.
“It’s important we continue our efforts to make the homebuying process as accessible as possible,” Harrison continued. “We have an expert team on hand to answer any questions people may have, including the option of SignVideo, which is completely free to those customers who wish to use it, and allows them the communicate with the team using British Sign Language.
“Buying your first home should be a memory you look back on with a smile, not one that makes you feel embarrassed.”
