Recommend this page on:

Articles

If I need care, will I have to sell my house?

Funding care for the elderly has been a political hot potato for a long time. A series of policy initiatives, reviews and reports have come and gone with little alteration to what is a flawed and inadequate system. One of the most controversial aspects is whether those needing care will be forced to sell their home. For many the family home is the most valuable thing they will ever own. Having worked to pay off their mortgage, many see bricks and mortar as the ultimate asset - to be handed on to the next generation. Care costs can jeopardise this, with years of very large fees.

If I Need Care Will I Have to Sell My House (File Download)
Detailed article examining the issue of care home funding and means-tested support for home owners.
Care Funding Article.pdf
Adobe Acrobat document [341.1 KB]
Print Print | Sitemap
© Medics Financial Services Limited. "Medics Wealth Management" is a trading style of Medics Financial Services Limited who are Authorised and Regulated by the Financial Conduct Authority. Registered in England & Wales. Registration Number: 1723058