Cost of Care

For couples, a live-in carer is a fantastic option as we only make a small additional charge for the extra person needing care. If your relative lives alone, having a live-in carer is still a viable option, as the costs compare favourably to that of a premium care home.

The fee for live in care will not change unless the client’s needs change significantly or unless we apply an annual inflation increase. Therefore you can plan the costs of care over a period of time based on the average weekly fee.

The cost of care covers:

• Our fully managed service, meaning we employ, train and support our carers to an exceptional level.
• One to one care in your own home.
• A dedicated Care Manager to manage your care.
• An on call manager available 24/7
• A team of consistent regular carers that you are happy with.
• Occasional night time cover.
• Travel for the carer to and from your home

When you are ready to talk through your loved one’s personal circumstances, we’d love to hear from you. There’s absolutely no cost for discussing the situation with us; we don’t charge a penny for the initial private care assessment, and there’s no VAT added to care costs.

Hourly care costs

For some, all that’s needed is a friendly face and someone to come in to their home for a few hours to keep track of things, provide support with household tasks and appointments, manage medication and provide some company.

Our hourly care is charged at £23.10 per hour on week days and £25.20 per hour at the weekend. We know how important it is that your relative builds a strong bond with their carer, and we will provide a dedicated carer that they can get to know well.

It can be hard to make that first phone call to us, but there really is no obligation, and we are more than happy to talk through the different options with you so you can make an informed decision.

Options for Funding your Care

One popular way of funding live in care is through lifetime mortgages.  A lifetime mortgage is the most popular type of equity release scheme in the UK and it is making much more sense to many people.

What is a life time mortgage ?

Rising house prices across the UK over recent decades means that the UK’s over-55s have more equity than ever locked up in their properties, equity that can be accessed using a Lifetime Mortgage, the most popular fam of equity release.

With a lifetime mortgage, you take out a loan secured on your home which does not need to be repaid until the last borrower moves into long-term care or dies. It frees up some of the wealth you have tied up in your home and you can still continue to live there.

Equity release providers have some strict lending criteria, such as a minimum age, which is normally 55 or 60. At 65, you can normally borrow 25% to 30%, for example. If you’re older, you can borrow as much as 50%. For more information, you can call our dedicated Equity Release Helpline on 0800 0418 041

Care is expensive, but you should understand the costs so you can budget. It is so important to do your research to ensure you make the right choices. With the right care plan in place you can have the fulfilling life you expect with the peace of mind that the financial side is taken care of.