Financial Advice
Knowing your care fees will be paid for as long as they are needed is vital, and provides peace of mind for both the person in care and their relatives.
Once the cost of care is known, you need to work out how to finance the shortfall - this is where we come in.
Knowing how much is required, we can now discuss how this is to be provided. You may need to consider using your home to raise capital or generate income. Selling your home means it is one less thing to worry about and raises capital, which can either be invested to provide income or used to purchase a care fees payment annuity.
Others may consider renting the property - generating income but this needs management and maintenance.
If you are receiving care at home, an equity release may be considered., either for a lump sum or to be paid in stages.
Everyone's circumstances are different, which is why specialist advice is required to ensure the right route is chosen - our specialist advisers are waiting to help you.
The next step is to contact us by calling FREEPHONE 0808 168 7505 or by completing our enquiry form.
If you feel you need wider financial advice, please visit our main Parker Castle website.