Live-in care funding and benefits

You may qualify for some level of funding from your local authority or the NHS.

We understand you may have concerns or questions about the cost of live-in care and what funding and benefits options may be available to you.

Do I qualify for funding?

You may qualify for some level of live-in care funding from your local authority or the NHS. State assistance for care is means-tested through a financial assessment by your local authority, taking into account the value of your property, savings and other assets (your capital).

If your assets, including your property, are less than the lower limit of £14,250 in England, then 100% of your care should be funded. However, you may be expected to make a contribution if you receive certain benefits or have any income.

If your assets are more than the upper limit of £23,250 in England, then you will normally be expected to pay for your own care in full.

For more information, please call us on 01305443115 or email us.

Assets included in the calculation

  • Bank and building society accounts
  • Stocks, shares and most investment products
  • National savings and premium bonds
  • Income from the Government and any personal or occupational pension plans
  • Property and land (less any mortgage)

Jointly held assets are usually divided in two to calculate an individual’s share, regardless of who contributed the most.

Assets not included in the calculation

  • Property that continues to be lived in by yourself, a partner or dependant. So for live-in care funding, the value of your property should be excluded because you will continue to live in it
  • Value of life policies
  • Some compensation payment held in trust or by the courts
  • Some investment bonds with a life assurance element (check with your provider)

Read the heart-warming story of Connie and her live-in carer Elena.

Local authority funding for live-in care – Direct Payments

Direct payments are a great way to give you flexibility, choice and control over your care. Local authorities can arrange for people who need live-in care to receive funding so they can arrange their own care – either in their own home or in a residential care home.

NHS continuing healthcare funding

Continuing Healthcare (CHC) funding is a whole package of ongoing care arranged and funded by the NHS for people outside of hospital with a high level of ongoing health needs.

Individuals who are eligible for NHS continuing healthcare funding receive their care package, including social care, for free.

It’s the Clinical Commissioning Group (CCG) which decides the appropriate package of support for someone who is eligible for NHS Continuing Healthcare.

Even if you are paying for your own care, there may be some non-means-tested benefits and allowances for which you are eligible, such as Disability Living Allowance (DLA) and Personal Independence Payments (PIP).

If you have any questions about the cost of care or funding and benefits that may be available please contact us.

Lifetime mortgages and home reversion plans

You may also wish to consider a lifetime mortgage (equity release) where you continue to own your own home, but the lender gives you a lump sum or a monthly income (or both), based on the value of your home.

Another alternative is a home reversion plan.

For more information, please call us on 01305443115 or email us.