Paying for a nursing home or care home can be very expensive. Indeed with nursing home fees costing anything between £750 - £1,600 per week, paying for a nursing home can cost a family a staggering £39,000- £83,200 per year!
To discover how much this could amount to over time and to check entitlement to benefits and identify your annual shortfall in income, why not use our simple care fees calculator.
Paying for nursing or residential care homes is a nightmare made even worse by the complexity of rules surrounding just what the state will pay for, especially who is entitled to free NHS Continuing Healthcare.
That’s why professional care fees advice and planning is priceless. Unfortunately, it is estimated nearly 1in 4 people who fund their own care run out of money because they don’t consider all of their options or take proper advice at the outset*
*Source: LGIU Independent Ageing Report 2013
Don’t be one these. With proper care fees advice this needn’t happen to you or perhaps more importantly your parent. This is where we can make a real difference.
Should you need to be a self-funder there are a variety of ways you could pay including:-
The value of investments and the income they produce can fall as well as rise. You may get back less than you invested.
We will then help construct a personalised, robust and individual nursing home care plan that not only aims to ensure continuity of care, but also caps the cost of care and ensures your parent or relative doesn’t need to worry about running out of money.
So if you are paying for a parent’s or relative’s nursing home and would like some professional advice on paying for the fees, call Advice on Care today on 0800 180 4336, where we will be pleased to help.
Don't jeopardize your parent's care. Minimise the cost and ensure it can continue to be received indefinitely. Book your appointment today and receive invaluable advice on claiming benefits and all options for paying for care.
Our specialist and highly qualified advisers can help save you considerable sums of money.
*Please note advising on and arranging annuity require care fees advice and fees will be charged and will be discussed and agreed at time of giving advice but Quotes are still provided FREE OF CHARGE.
Please note: These plans are not offered direct by the insurers
Head Office Address:
Advice on Care
267 Barrowby Road, Grantham, Lincolnshire, NG31 8NR
Telephone: 0800 180 4336
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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.
FCA does not regulate Tax Planning, wills or estates.
Advice on Care is a trading name of Keith Hargraves who is an appointed representative of 2plan wealth management Ltd. Keith Hargraves is authorised and regulated by the Financial Conduct Authority and is entered on the FCA register (www.fca.org.uk) under reference 534065.
2plan wealth management Ltd’s registered address is: 3rd Floor, Bridgewater Place, Water Lane, Leeds LS11 5BZ. Telephone 0113 302 1360. Registered in England Number 05998270.
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