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.
© London Equity Release Advice 2025
Lovingly crafted by You I