Financial Information

Welcome to our Financial Information page, where we aim to provide transparency and clarity regarding the financial aspects of residential dementia care. We understand that navigating the costs and funding options can be challenging, and we are committed to helping you make informed decisions. Here, you will find essential information about care home fees, payment options, financial assistance, and insurance coverage. We believe in open communication and want to ensure that you have a clear understanding of the
financial aspects involved in providing the highest quality care for your loved ones. Please explore the following sections to gain valuable insights into the financial aspects of our care home services

• If your loved one has capital over a certain threshold (£23,250 in England; £50,000 in Wales), they may not qualify for financial assistance from the Local Authority. Private care fees will need to be covered from existing capital and income.
• The means test includes most savings and assets, but certain exceptions apply to the property. For instance, the home is not included in the means test if a child under 16 lives in the property, if care is being provided on a temporary basis, or if a relative over 60 or a disabled relative resides in the house.
• During the first 12 weeks following admission to a care home, the property is excluded from the means test. The local authority may assist with care fees within certain limits. A "third-party top-up" may be required to cover the difference between actual care fees and the local authority contribution.