CARE HOMES

Interim funding is available to people whilst their property is being sold. For the first 12 weeks of permanent care the value of the property is disregarded, therefore for the first 12 weeks the same rules apply as for state funding.

The only differences being that the resident can pay their own top up during the first 12 weeks, after this a third party sponsor must be found until the property is sold. Also attendance allowance ceases after 28 days but is reinstated after the 12 week disregard period.

Once the period of 12 weeks has expired, state funding will continue but it will be classed as a loan against the property, which must be repaid at a future date, when the property has been sold

Interim funding therefore develops into self funding.

Deferred Payment Scheme

You can defer the sale of your property under this scheme subject to approval by the Local Authority. This is to allow people time to meet the cost of their contribution, e.g. this may be done by renting the property.

This can only be done after the 12 week disregard period, and it is only available to those needing permanent care.

A written agreement will be set out, stating that the full amount of deferred contributions will be repaid by the estate following death. (Usually 56 days after).