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A letter of under of undertaking or
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harrison1955
Posts: 9 Forumite
My mum is in a carehome.
Her savings has gone done to £23000 now we need to have a letter of undertaking from a solicitor as her property is up for sale (no buyer yet)to pay for her fees in the home or enter into a deferred payment legal charge agreement on her property we are not sure which way to go.
We are going to to try to get continuing care for her as she used to have it and they took it away. any advice please
Her savings has gone done to £23000 now we need to have a letter of undertaking from a solicitor as her property is up for sale (no buyer yet)to pay for her fees in the home or enter into a deferred payment legal charge agreement on her property we are not sure which way to go.
We are going to to try to get continuing care for her as she used to have it and they took it away. any advice please
0
Comments
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One advantage of a deferred payment agreement is that no interest is payable on the accumulating fees whilst the care home resident is alive, so this offers a small financing benefit over 3rd party funding. There should be no effect on the CHC decision whichever funding method you chose in the meantime.0
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