Nursing Homes

A survey published by Saga recently estimated the average cost of care at £540 a week, with the average length of stay having risen to four years.  This means on average care home costs in the region of £112,000.00.

Charges are based on a means test, under which anyone with savings and assets, including a house, worth more than £23,250 must pay the full fees themselves. They are known as self funding.  It is not until a self funder has less than the lower capital limit of £14,250 that they receive maximum support from the Local Authority, although this will continue to take into account all income, including benefits and pensions.

If you have capital between £14,250 and £23,250, capital will be calculated as providing you with an income of £1 per week for every £250 of your savings.

For more advice about paying for care home fees and/or financial assessments please contact our Continuing Healthcare team.

Estate Administration Solicitors

To arrange a discussion with our Estate Administration Solicitor please feel free to call us or to arrange a call back click here