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Paying for care in your own home

Read about Equity Release can help to pay for care in your own home

Mrs Walsh, TW1 Twickenham

Our client’s daughter contacted us as she held power of attorney for her 90-year-old mother, who had been diagnosed with dementia as well as having physical care needs. Her mother now needed full time care but was desperate to avoid going into a residential care home. Money was released to pay for her care in her own home using an Equity Release plan on her home. A drawdown plan was recommended so that the money could be released in stages going forward to cover the costs of her care as it continued to be required. The whole family felt more comfortable seeing their mother being looked after in her own familiar surroundings.

CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE. We provide whole of market advice on Lifetime Mortgages. We DO NOT give advice on or arrange Home Reversion plans. London Equity Release Advice is a trading style of R Young Financial Consulting Ltd (FCA number 539235) which is an appointed representative of JLM Mortgage Services Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA) registration number 300629. The FCA do not regulate some forms of mortgages. R Young Financial Consulting Ltd is UK registered company( No: 09128155). Registered address: The Yew Tree Inn, High Street, Gresford, Wrexham, United Kingdom, LL12 8RF. The guidance within this website is solely targeted at consumers based in the UK. We charge a fixed £995 fee, only payable at completion.

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