Advice on care
Impartial Care Fee Advisers

Advice on care

Experts in paying for care

Paying Nursing Home Fees

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.

Care Fees Planning

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. According to the Office of National Statistics in 2022-23, 37% of people needing care in a care home were having to pay for their own care*

Unfortunately, according to a study carried out in 2013 by the Local Government information Unit it was estimated nearly 1in 4 people who need to pay for their own care unfortunately run out of money because they don’t consider all of their options or take proper advice at the outset** 

*Source: ONS Care homes and estimating the self-funding population, England: 2022 to 2023
** 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.

Ways To Pay Nursing Home Fees

Should you need to be a self-funder there are a variety of ways you could pay including:-

  • Paying from savings/capital on a pay as you go basis.
  • Investing to produce income in the hope that you might get better returns than from simply keeping money on deposit, but greater risk.

The value of investments and the income they produce can fall as well as rise. You may get back less than you invested.

  • Care Fee Annuities (or immediate need annuities) - which provide a guaranteed indefinite income, which can also be arranged to increase each year, to help meet the expected increases in care fees.
  • Letting your Home to provide additional income although we normally find that on its own this doesn’t fund any shortfall in fees.
  • Deferred Payment Schemes (but only if other non-property capital is less than £23,250 (England), £50,000 (Wales) £20,250 (Scotland) – (2023-4)
  • Or indeed a combination of all of these.

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.


Request a Personal Care Fees Consultation

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.

Care Fee Annuity Quotes

  • We will obtain ALL possible care fee annuity quotes for you.
  • All quotes are obtained Free of Charge and without obligation.
  • We will obtain a range of options for you.
  • One received we will send you a summary to consider without obligation.
  • We will then analyse, advise and make recommendations for you*
  • Will set the annuity up for you*

*Please note: Annuity quotes are not available direct from insurers and they will not offer any annuity unless you have received professional care fees advice. Although we provide initial quotes FREE OF CHARGE, should you wish to proceed we will make a charge for advice which will be discussed and agreed at time of giving advice.

Please note: These plans are not offered direct by the insurers

Contact us

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

Telephone: 0800 180 4336



Financial News

Our Digital Magazine

To receive every issue of our magazine by email, simply register your name and email address in the form below.

Cookie Policy    Privacy Notice    Disclaimer

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 ( 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.

Best Execution Policy | Conflicts of Interest Policy | Client Classification | Your Guide To Making A Complaint

© Copyright 2022 Advice on Care.