Whether you are fostering a child at a moments notice for a short while, or setting up a more permanent basis within your family for a child who could really benefit from your support, foster care is becoming a popular way to support children in often difficult circumstances.
As no two children are the same, foster carers have a variety of different 'placements' to support different children's needs.
Emergency Placements are setup for children who need support without warning or advance notice. Sometimes these only last a few days.
Short Term or Temporary Placements are generally the most common type of placement. These can last from a few weeks to a few years to provide a temporary home for a child or young person.
Long Term or Permanent Placements are for children or young people who seek a longer term structured family lifestyle. In many cases they would leave to be independent at the age of 18. However, Permanent Placements are likely to support young people for much longer following successful campaigns like The Fostering Network's Don't Move Me - as of 2014 the Staying Put amendment to the Children and Families Bill has given young people the right to remain with their foster carers until the age of 21.
Respite Placements are setup for foster cared children to stay with a different foster family for a short while to give their permanent carers a break. Often this support will be for foster families taking care of disabled or behaviourally challenging children.
Regardless of your type of placement, as a foster carer you may have already experienced what can be a long, tedious and somewhat difficult process when applying for a mortgage. As your income consists largely of tax free allowances, many mortgage lenders can take an unfavourable view.
Whether you foster through a local authority or an independent agency we have access to markets that will consider your income for a mortgage.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE