If your financial assets – typically your savings, investments and your property (if you live alone) – are worth over £23,350, you are deemed to be
a full cost payer and will not receive any state funding for your care needs.
If your financial assets are worth between £14,250 and £23,350 you will receive part funding for your care needs.
If your financial assets are worth less than £14,250, you will receive the highest level of funding, although you may still be required to pay a small proportion of your income to cover your care needs.
Initially, you should get in touch with your local authority and ask for a care assessment. You can search for their contact details here.
Rather than accepting a care package from your local authority, you can receive your funding as direct payments into your bank account and use them to pay the care provider of your choice. If necessary, you can top up the payments yourself to cover any shortfall.
Many of our customers use their direct payments to help fund the outstanding care we provide. To find out more, please call one of our friendly advisors on 0800 1234567.
Even if you are deemed ineligible for social care, there are other care funding options open to you.
Please read the Healthcare funding, Benefits entitlements and Privately funded care sections below to find out more.