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Raising cash for care home fees
coinchaser
Posts: 204 Forumite
in Loans
Hi all
Just wondered if anyone had any advice please?
My mum is in a care home and to continue the funding we are selling her house (goes on the market next week).
However we need to raise a bit of money for the interim care, especially as the house may not sell quickly in today's rocky sea of financial turbulence.
We thought we could get a loan against the house but we can't as she no longer resides there. We are all out of money - so thinking of a loan/credit card at % for 6 months - but it's all a bit of a gamble...
We are looking in region of £10,000 I guess
Any ideas gratefully received?
Just wondered if anyone had any advice please?
My mum is in a care home and to continue the funding we are selling her house (goes on the market next week).
However we need to raise a bit of money for the interim care, especially as the house may not sell quickly in today's rocky sea of financial turbulence.
We thought we could get a loan against the house but we can't as she no longer resides there. We are all out of money - so thinking of a loan/credit card at % for 6 months - but it's all a bit of a gamble...
We are looking in region of £10,000 I guess
Any ideas gratefully received?
0
Comments
-
What have the home where she is said?? I would have thought they could perhaps help you here or the social services perhaps. Its soo sad when this happens.coinchaser wrote: »Hi all
Just wondered if anyone had any advice please?
My mum is in a care home and to continue the funding we are selling her house (goes on the market next week).
However we need to raise a bit of money for the interim care, especially as the house may not sell quickly in today's rocky sea of financial turbulence.
We thought we could get a loan against the house but we can't as she no longer resides there. We are all out of money - so thinking of a loan/credit card at % for 6 months - but it's all a bit of a gamble...
We are looking in region of £10,000 I guess
Any ideas gratefully received?0 -
Please speak to your local council social services as they normally have a deferral scheme whereby they keep adding up what you owe & take it out of the cost of the house once it's sold.0
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