We are delighted that our SnugBug Houseshare service has been shortlisted for the NHF’s Community Impact Awards in the Better Neighbourhoods Category.
SnugBug, which launched 12 months ago, provides 60 shared rooms for young people in Manchester. The service has proved to be immensely popular, and a cracking opportunity for young people to get the independence they want, along with the support they need. Each young person must complete the pre-tenancy training prior to being offered a property.
We partnered with Manchester City Council to develop the service with £50k seed funding. Further investment of £2.5m from St Vincent’s has seen SnugBug become a well know and popular service offering high quality fully furnished properties.
Charlie Norman, Chief Executive of St Vincent’s said “Any parent in the country with children or young adults in the household will wonder how on earth their children will actually make the transition from living at home to living in their own place. There are so few options now for young people and those opportunities that are available are so often way out of the price range of many. We know that to buy a property in the city many young people will need significant help from the bank of Mum and Dad, something that many parents are unable to give their children. Shared social housing for young people just hasn’t really taken off before. We feel that St Vincent’s has stuck its neck out and gone for it, with the belief that we can offer young people something different in a city with few real housing options open to them.”
Author - | Added on 27/03/2014
St Vincent’s SnugBug project has been shortlisted for the Chartered Institute of Housing’s UKHA Awards 2014 in the Specialist Landlord category.
SnugBug offers affordable social housing for young people in Manchester, and being the first of its kind, SnugBug is filling a vital gap in the market for housing for 18-25 year olds.
Launched just over a year ago with £50k seed funding from Manchester City Council, and a further £2.5m investment from St Vincent’s, SnugBug now provides 60 shared properties in central locations such as Burnage, Chorlton, Withington and Fallowfield.
To qualify for a SnugBug home an applicant must first complete pre-tenancy training which covers; Making a Positive Contribution, Staying Safe, Enjoying a Healthy Lifestyle, Economic wellbeing, and Enjoying and Being Active. The service has a dedicated Housing Officer and a 24-hour Ranger Service.
Charlie Norman, Chief Executive for St Vincent’s said: “We’ve already received well over 700 applications from young people in the City – which proves how vital SnugBug is. It’s so hard to find anything these days which is both aspirational and affordable, but I think SnugBug is doing just that.”
Paul Beardmore, Director of Housing for Manchester City Council “St Vincent's SnugBug has been a fabulous project which has filled a real gap in services for young people. By working with the Council and understanding the problem, Snugbug has created a highly demanded project which is valued by all stakeholders and the young people themselves. It also helps make the best use of our housing stock and enables young people to live in local communities without all the usual problems created by traditional young peoples accommodation projects. Manchester City Council is proud to have supported St Vincent's in developing the idea into reality.
Author - | Added on 31/01/2014
Our IT systems and phones were down yesterday, many apologies to anyone affected by this. Normal service is back up and running today.
Author - Sarah Hodgkinson | Added on 28/01/2014
St Vincent’s is pleased to announce the appointment of its new Chair, Roy Knowles. Roy is a qualified chartered accountant and a chartered tax advisor and has been a board member at St Vincent’s for a number of years. He brings a wealth of both business and social experience to the role, with his previous background as a partner in a large firm of chartered accountants and his current role as a Rossendale Councillor. Roy also runs his own consultancy business, specialising in housing related matters.
Roy said “I am delighted to have received the appointment as chair of St Vincent's. The next few years are likely to present some considerable challenges to housing providers with greater funding pressures, the full impact of the Welfare Reform changes and new accounting regulations to cope with. It is important therefore that we face these challenges head on, remaining strong as a business, whilst retaining our core values of providing excellent homes and services at affordable prices to those in need of them.“
Roy will work alongside the current Chair, John Towers, for the next 6 months, when he will take up the position formally at the AGM in May 2014.
Author - Sarah Hodgkinson | Added on 12/12/2013
One of the biggest differences between the wealthy and the not as wealthy is that the wealthy people earn interest and everyone else pays interest. It is important to realise that money is a tool that can help you to achieve your goals. In order for you to reach true financial independence you need to have your money begin to work for you--not you for it. Here are three things you can do to start making your money work for you.
The most important way to change the way you handle your money is to budget. When you are budgeting you are making your money do what you want it to. By assigning each pound to a category you are controlling where your money goes and what it does. This will help you to begin to reach your financial goals.
Do you know how much money you are paying in interest each month? How much of your monthly budget is being eaten up by loans, payments and credit card bills? If you could take all of that money you could save for things that you want. Debt often becomes a burden and limits the choices that you can make. One of the best things you can do with your money is to get out of debt and stay out of debt!
Once you have freed up all that extra money from paying off your debt you need to begin saving. It is important to have an emergency fund set aside to cover unexpected expenses
There will be a point when the money you have will earn more than you do in a month. Additionally saving money can help you be prepared to handle the ups and downs that will happen throughout your life.
A fourth reason to save money is to have fun. You can save up for your tour of Europe or that Caribbean cruise. Additionally you can be saving for fun large items such as a Playstation 3. Your negotiating power is stronger if you have cash in hand on bigger purchases.
St Vincent’s Money Management Team can help you do all of the above – just give us a ring on 0161 772 2120 and let us try
Author - | Added on 26/11/2013
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