Advice
Introduction to Residential and Care and Nursing Homes
If you or a loved one find yourselves in need of care and support that can't be adequately provided within your own home, the option of moving into a residential care or nursing home may be the right path forward. Here at Macklin Care Homes, we understand the importance of making informed decisions when it comes to your or your loved one's care.
For full supporting information about residential care is available here - Introduction to residential care and nursing homes | nidirect
Finance
We know it can be daunting moving into a care home and so can trying to understand the finance process of paying for the care too. It’s important that you have full transparency with costs when selecting your new home. This will differ for each individual so it’s important you get the right advice.
After your care assessment, you will need to book in for your financial assessment to see how much you are eligible to pay. Your local council will talk to you about your finances and property to distinguish how much you will have to contribute after looking at your income and capital.
Examples of income include:
- interest on your savings
- private or State Pension or both
- Pension Credit, Attendance Allowance or the care component of Disability Living Allowance
Your capital might include:
- savings
- investments
- any property you own (like your own home or a holiday home)
Before your financial assessment, make sure you get all the benefits you're entitled to. This is important because your contribution to your home fees will be based on all income, including benefits.
Full supporting information is available here - Paying your residential care or nursing home fees | nidirect
