The Care Home Fee Trap



By Paul Lewis in SAGA Magazine.


The fear of having to sell a home to pay for care is being exploited by commercial firms offering risky schemes to shelter homes from means-testing. Don’t fall for them. There are other, perfectly legitimate ways to preserve the value of a family home.

When someone moves in to a care home, the local authority assesses their income and capital assets – the means test. If the capital is more than £23,250 (£26,500 in Scotland, £30,000 in Wales), then care-home fees have to be paid, though in Scotland everyone gets some care costs covered. The value of a house or flat will exceed that amount, which is why many people think they will have to sell their home to pay the fees.


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