Advice on care
Impartial Care Fee Advisers

Advice on care

Experts in paying for care

Equity Release

advice on care

If you own your own home and either want more care at home than the local authority is prepared to offer or fund, or your spouse is already in a privately funded care home but savings are rapidly dwindling and you wish to continue giving them the care they are currently receiving, equity release may be the answer.

Equity release plans allow home owners over 55+ to release money TAX–FREE from their own home* and give you the option as to whether you make any monthly repayments or not and only repay the debt (plus any accumulated interest if you elect not to make any monthly repayments of the interest charged) only when you (or in joint life cases – the last one of you) dies or moves permanently into a care home. As such they can provide you with much needed extra funds which you could then use to either continue to pay for fees on a pay as you go basis, or if perhaps more sensibly (if you want to ensure that care can continue to be received indefinitely) to consider using to buy a care fees funding plan.

*Please note: Under most commercially available equity release schemes, at least one property owner aged 55+ must remain living in the property. Consequently all such schemes insist on the money being repaid within 12 months of the last person moving into care. This also means that the home couldn’t be rented out to help fund any care home fees.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Specialist Equity Release Advice

So if you are acting for a relative or parent who now needs care at home but they need more money to continue to fund their care, please call us today on 01476 589 567 or complete our contact form and note your interest in equity release.


Contact us

Head Office Address:
Advice on Care
267 Barrowby Road, Grantham, Lincolnshire, NG31 8NR

Southern Regional Office Address:
Advice on Care
Abbey House, 1650 Arlington Business Park, Theale, Reading, Berks, RG7 4SA

Telephone: 01476 589 567



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The information contained in this web site is for general information only and is not financial, investment or tax advice. It is also subject to the UK regulatory regime and is therefore restricted to consumers based in the UK. If you would like to discuss a particular issue or generally ask us how we can advise on your particular situation then please contact us.

Advice on Care is a trading style of Keith Hargraves who is an appointed representative of Intrinsic Financial Planning Limited and Intrinsic Mortgage Planning Limited, which are authorised and regulated by the Financial Conduct Authority. Intrinsic Financial Planning Limited and Intrinsic Mortgage Planning Limited are entered on the FCA register ( under reference 440703 and 440718.

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