Temporary funding options
Use our form to check if you need to pay for your care using your savings and investments.
Check if you need to pay for a care home
You can apply for a loan from us if your house does not sell within the 12 week period, This is known as interim funding. Read about interim funding on page 19 of our paying for a care home leaflet.
To qualify
- you must hold full title to the property
- have savings of less than £8,000
- your property must be on the market.
We will only fund care at the standard rate.
You must apply in writing to the Financial Assessment Services Team and include
- your name and address of the property
- the name of the selling solicitor or agent and their contact details
- the date the property went on the market
- the asking price on the property.
You must tell us if anything is secured on the property and its value.
Under certain circumstances you can keep your home and defer the payment. This is called deferred payment agreement. Read about deferred payment agreement on page 20 of our paying for a care home leaflet.
Download the paying for a care home leaflet (PDF, 430 KB)
We pay your care costs less your assessed contribution and we reclaim these costs when you sell your house or from your estate.
You must
- have less than £21,500 excluding the value of your home
- own the property outright
- get your solicitor to set up a legal agreement with us.