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Self funding in a care home

Question:
Self funding in a care home
Answer:

If you are thinking about funding a care home for yourself, it is important to consider what will happen when you can no longer fund your own care.

When the value of your assets, which may include the value of your home, reduces below £23,250 the Council will complete a financial assessment to identify the amount that you and the Council will be required to contribute towards to the cost of your care.

We will also complete a care act assessment to identify what support is required to meet your needs. 

We may identify that your needs can be met in a different care home which is a lower cost than your current care home. If this happens we can arrange for you to move to the care home that we have identified, or alternatively a family member could choose to pay a "top up" amount to fund the extra cost of staying at your existing care home. This extra "top up" amount could be several hundred pounds each week.

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