We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Borrowing money to pay for care
Comments
-
sleepless_saver wrote: »How would the lower amounts as needed approach tie in with a charge on the house? Would it not mean more than one charge? There will be associated costs each time, and on the discharge of each charge as well.
I haven't got as far as asking about the costs of putting a charge on the house so that's another thing to consider.
sleepless_saver wrote: »The local authority has to disregard the charge on the property as well as the £23,250. (April 2010 CRAG guidance 6.014)
What I meant was that if the LA insisted on Dad using all the capital down to the £23,250, then at least he'd have that left to repay the loan.0 -
I would get advice from AgeUK on this0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards