Private funding (self-paying)
If you are not eligible for state funding, or would simply prefer to fund your care privately, you will need to source your care independently. Faced with so many different options this can become both a time-consuming and overwhelming task.
Please be aware that even though you do not qualify for state funding, Social Services may offer to organise care on your behalf.
You may end up paying Social Services more per hour than if you engaged an independent care provider direct so always ask what the Social Services will charge per hour compared to a local care provider/agency.
If you are looking for support with financial planning, we would recommend that you contact a Financial Advisor (FA) specialising in Care advice. They can discuss options such as:
- Equity release
- Funding care fees
- Estate preservation
- Wealth preservation