| Care Home Costs £££s 12:13 - Jul 23 with 1436 views | JACKMANANDBOY |
A friend has just put her parents in a care home, both have dementia. The fees for both are £15,000 a month.
She is in the process of selling her parents house. My dad paid £600,000 in fees over 11 years including selling his house. The man in the room next to him had his fees paid by the government as he had no assets.
This prompted the question of how many people sell their houses to pay for care, the Government has refused to provide these figures! But estimates are all in the region of 50,000 a year in the UK.
The average house price is about £250,000. So that is a whopping £12.5 Billion a year without taking into consideration savings and pensions used to fund care.
Next time someone says old people have too much money tied up in property.......... |  |
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| Care Home Costs £££s on 12:29 - Jul 23 with 967 views | trampie |
Means testing is a disincentive to save and work. |  |
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| Care Home Costs £££s on 12:45 - Jul 23 with 960 views | Flashberryjack |
The wife is trying to sort out a nursing home for her 96 year old father, he started work at 15 and retired at 64 with a good pension, but, over the years his pension hasn't increased as much as the cost of care home has increased.
We found the average cost of a care home is between £1,450 & £1,800 per week,so the there is a shortfall of around £500 per week, if he had nothing, the cost for his care would be zero,
With the increase of our population, things will only get worse. |  |
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| Care Home Costs £££s on 12:50 - Jul 23 with 956 views | Boundy |
My late mother in laws fees in a council run home a couple of years back was 2400 a month.
I never can understand why do many homes plead poverty the wages are poor so it's not that . Energy bills could be a big factor? |  |
| "In a free society, the State is the servant of the people—not the master." |
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| Care Home Costs £££s on 13:13 - Jul 23 with 923 views | JACKMANANDBOY |
| Care Home Costs £££s on 12:45 - Jul 23 by Flashberryjack |
The wife is trying to sort out a nursing home for her 96 year old father, he started work at 15 and retired at 64 with a good pension, but, over the years his pension hasn't increased as much as the cost of care home has increased.
We found the average cost of a care home is between £1,450 & £1,800 per week,so the there is a shortfall of around £500 per week, if he had nothing, the cost for his care would be zero,
With the increase of our population, things will only get worse. |
Sadly unless he has assets of less than £24,000 he will have to use them to fund his care. | |
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| Care Home Costs £££s on 13:45 - Jul 23 with 888 views | onehunglow |
A national disgrace and evidence the old are frcked over by this govt and those before
Best live an idle life | |
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| Care Home Costs £££s on 14:05 - Jul 23 with 868 views | Gwyn737 |
| Care Home Costs £££s on 13:45 - Jul 23 by onehunglow |
A national disgrace and evidence the old are frcked over by this govt and those before
Best live an idle life |
Do you think it’s harder to be a 30 year now than it’s been in the past?
The older generation do have it tough, but so have the young.
I’m 47 and my 15 year old will have it far harder than me. | | | |
| Care Home Costs £££s on 14:16 - Jul 23 with 852 views | Togg |
My 93 year old father has now been in a home since January. The fees are eye watering and were increased by £600.00 per month a few months back . He has fallen on numerous occasions and has had various infections. We feel he is not being looked out for, so have placed his name on another homes waiting list. | | | |
| Care Home Costs £££s on 14:20 - Jul 23 with 843 views | onehunglow |
| Care Home Costs £££s on 14:05 - Jul 23 by Gwyn737 |
Do you think it’s harder to be a 30 year now than it’s been in the past?
The older generation do have it tough, but so have the young.
I’m 47 and my 15 year old will have it far harder than me. |
Good question
Nowadays we have no jobs for the less educated as modern inventions have seen billions of jobs lost
When I was 30 , it was 1980 and industry was shrinking fast
When my father was 30 it was 2954 and the effects of the war were still being felt
Working class women had lives of drudgery which kids now could not contemplate
Imagine no birth control , NHS , no indoor bathrooms , washing nappies by hand
. No benefits or assistance or handouts
Folk were old at 50
No comparison Gwyn | |
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| Care Home Costs £££s on 14:24 - Jul 23 with 838 views | jack_lord |
My mate somehow managed to get the council to put his mum in a nursing home on the basis that her dementia was bad enough to need care and it became a social services issue. They then look after the care home costs until she "gets better". He has also put her house in to a trust which means that no costs of her care can be taken from the property. One rule etc; |  |
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| Care Home Costs £££s on 15:05 - Jul 23 with 808 views | onehunglow |
| Care Home Costs £££s on 14:24 - Jul 23 by jack_lord |
My mate somehow managed to get the council to put his mum in a nursing home on the basis that her dementia was bad enough to need care and it became a social services issue. They then look after the care home costs until she "gets better". He has also put her house in to a trust which means that no costs of her care can be taken from the property. One rule etc; |
I have gone through this a thousand times as both my parents and wife's mother sold their houses for care
It' can be complrx
An authority conducts a financial assessment on anyone entering a care home
Whilst a home may not be owned by the individual , local authorities can still assess it was part of their financial assessment if they believe it was done to avoid care costs
This is known as " deliberate deprivation of assets "
If done when old , like me, this view is often viewed as as the reason
Consequently , this causes massive stress for family
We re hoping we go without the need for care
I do dog therapy visits to homes where my dog licks folks whilst I bang out a few times
It's a sobering experience every time and I'd be a nightmare to care for soon
Hoping for a quick finish to my end , as most people are | |
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| Care Home Costs £££s on 18:01 - Jul 23 with 731 views | max936 |
Didn't someone on here mention about signing their house over to the kids? |  |
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| Care Home Costs £££s on 18:15 - Jul 23 with 715 views | johnlangy |
| Care Home Costs £££s on 18:01 - Jul 23 by max936 |
Didn't someone on here mention about signing their house over to the kids? |
I brought up the subject recently. Still looking into it. | | | |
| Care Home Costs £££s on 18:39 - Jul 23 with 703 views | jack_lord |
| Care Home Costs £££s on 15:05 - Jul 23 by onehunglow |
I have gone through this a thousand times as both my parents and wife's mother sold their houses for care
It' can be complrx
An authority conducts a financial assessment on anyone entering a care home
Whilst a home may not be owned by the individual , local authorities can still assess it was part of their financial assessment if they believe it was done to avoid care costs
This is known as " deliberate deprivation of assets "
If done when old , like me, this view is often viewed as as the reason
Consequently , this causes massive stress for family
We re hoping we go without the need for care
I do dog therapy visits to homes where my dog licks folks whilst I bang out a few times
It's a sobering experience every time and I'd be a nightmare to care for soon
Hoping for a quick finish to my end , as most people are |
Rich,
It was strange to watch. His mum was getting worse and I was banging the drum about the care home option. The family have a lot of cash (not that it matters) and I kept hearing that the mum didn't want to go until they found out that they could get the bill paid by social services. They then argued with social services for a few months and voila, she was in the home. This was based on the need for care/hospital care and that should be provided by the state and, hence, avoiding any asset diluting.
The same time this was going on they had already put the house in a trust. They are a bit gutted that they have to pay CGT because the surveyor valued it at a bit lower than the MV. | |
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| Care Home Costs £££s on 18:49 - Jul 23 with 685 views | majorraglan |
| Care Home Costs £££s on 18:15 - Jul 23 by johnlangy |
I brought up the subject recently. Still looking into it. |
It’s complicated, but as someone else said earlier in the thread if the council can prove the house was transferred to avoid paying care home fees in the future then they can come after the money regardless of when the transfer took place.
The other issue to be mindful is capital gains tax. If the asset is transferred now and then rises in value, then the family get hit with a CGT bill on disposal, but the CGT hit is likely to be lower than the nursing home hit. | | | |
| Care Home Costs £££s on 18:59 - Jul 23 with 646 views | trampie |
| Care Home Costs £££s on 18:39 - Jul 23 by jack_lord |
Rich,
It was strange to watch. His mum was getting worse and I was banging the drum about the care home option. The family have a lot of cash (not that it matters) and I kept hearing that the mum didn't want to go until they found out that they could get the bill paid by social services. They then argued with social services for a few months and voila, she was in the home. This was based on the need for care/hospital care and that should be provided by the state and, hence, avoiding any asset diluting.
The same time this was going on they had already put the house in a trust. They are a bit gutted that they have to pay CGT because the surveyor valued it at a bit lower than the MV. |
You would think that most people going into care would meet the criteria of being funded by the state(nhs) as to go there in the first place they probably need medical/physical/mental care ?
So how come most people I hear about have to pay for it out of their own pockets ? | |
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| Care Home Costs £££s on 19:03 - Jul 23 with 651 views | Whiterockin |
| Care Home Costs £££s on 18:15 - Jul 23 by johnlangy |
I brought up the subject recently. Still looking into it. |
Check out the point that if you sign your house over to children you may have to prove that that you pay a reasonable rent, which then needs to be declared for tax. Be very careful and take professional advice. People often try to be helpful but the law can be unforgiving. |  | | |
| Care Home Costs £££s on 19:30 - Jul 23 with 600 views | onehunglow |
| Care Home Costs £££s on 18:39 - Jul 23 by jack_lord |
Rich,
It was strange to watch. His mum was getting worse and I was banging the drum about the care home option. The family have a lot of cash (not that it matters) and I kept hearing that the mum didn't want to go until they found out that they could get the bill paid by social services. They then argued with social services for a few months and voila, she was in the home. This was based on the need for care/hospital care and that should be provided by the state and, hence, avoiding any asset diluting.
The same time this was going on they had already put the house in a trust. They are a bit gutted that they have to pay CGT because the surveyor valued it at a bit lower than the MV. |
Jase
This country is the very worst in Europe for its attitude towards older people and that governments of all colours see them as cannon fodder
As Zi say , a national disgrace | |
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| Care Home Costs £££s on 19:32 - Jul 23 with 599 views | Luther27 |
| Care Home Costs £££s on 14:05 - Jul 23 by Gwyn737 |
Do you think it’s harder to be a 30 year now than it’s been in the past?
The older generation do have it tough, but so have the young.
I’m 47 and my 15 year old will have it far harder than me. |
As OHL said it’s a very interesting question. Chatting with my parents and things like the NHS worked for everyone….from young to old. My father had a horrific experience last year with the NHS so that was important to not only him but to the rest of the family.
Dayton day living was exactly that. They never ate out as much as us….but they ate as a family around the table. Work was fixed hours at the workplace.…not flexi or wfh today. Rates…rates is the equivalent of council tax and water. You could pay annually or six monthly….by cash. God…imagine that today.
They’re undecided if things are better today than then tbh. | | | |
| Care Home Costs £££s on 20:11 - Jul 23 with 531 views | SullutaCreturned |
| Care Home Costs £££s on 12:50 - Jul 23 by Boundy |
My late mother in laws fees in a council run home a couple of years back was 2400 a month.
I never can understand why do many homes plead poverty the wages are poor so it's not that . Energy bills could be a big factor? |
I think it's something else. I saw a story about childrens homes that used to be state run, now they are run privately and largely owned by private equity firms and as a result prices have risen massively.
Is it the same thing here. It's happened with the Vets which is why bills are so high, private business starts buying them up, they go from being independent to being part of a chain and the fees go through the roof.
Basically this is the outcome of capitalism and privatisation. | | | |
| Care Home Costs £££s on 20:20 - Jul 23 with 505 views | JACKMANANDBOY |
| Care Home Costs £££s on 20:11 - Jul 23 by SullutaCreturned |
I think it's something else. I saw a story about childrens homes that used to be state run, now they are run privately and largely owned by private equity firms and as a result prices have risen massively.
Is it the same thing here. It's happened with the Vets which is why bills are so high, private business starts buying them up, they go from being independent to being part of a chain and the fees go through the roof.
Basically this is the outcome of capitalism and privatisation. |
Looking after people in old age, should not be for profit and run on a similar ethos to a hospice.
It's the sort of thing that you'd hope Starmer would sort out, but he's kicked the can down the road. [Post edited 23 Jul 20:20]
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| Care Home Costs £££s on 20:26 - Jul 23 with 487 views | SullutaCreturned |
| Care Home Costs £££s on 20:20 - Jul 23 by JACKMANANDBOY |
Looking after people in old age, should not be for profit and run on a similar ethos to a hospice.
It's the sort of thing that you'd hope Starmer would sort out, but he's kicked the can down the road. [Post edited 23 Jul 20:20]
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There's a few on here who think nationalisation doesn't work but the way price goiging is going on, we are all being ripped off.
Having to sell a house to oay your bills is bad enough, childrens homes, vets fees, the ordianry people are being ripped off yet again by the rich and powerful.
I'm no communist (or am I?) but how long do we let this go on while the politicians have caused the situation and do nothing to remedy it. | | | |
| Care Home Costs £££s on 20:37 - Jul 23 with 476 views | JACKMANANDBOY |
| Care Home Costs £££s on 20:26 - Jul 23 by SullutaCreturned |
There's a few on here who think nationalisation doesn't work but the way price goiging is going on, we are all being ripped off.
Having to sell a house to oay your bills is bad enough, childrens homes, vets fees, the ordianry people are being ripped off yet again by the rich and powerful.
I'm no communist (or am I?) but how long do we let this go on while the politicians have caused the situation and do nothing to remedy it. |
I'd say everything has it's place, if you look at the purpose of an organisation that gives you a clue as to what governance seems appropriate.
Making consumer items like cars and TVs, let the private sector take the risk and rewards, caring for old people looks to me like not for profit activity.
What we suffer from is politicians who seem unable or unwilling to take a strategic view. | |
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| Care Home Costs £££s on 21:31 - Jul 23 with 426 views | max936 |
| Care Home Costs £££s on 18:15 - Jul 23 by johnlangy |
I brought up the subject recently. Still looking into it. |
I seem to recall that Uni said something about it as well, just can't remember at moment, head's been frazelled all week with my lad in hospital again.  | |
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| Care Home Costs £££s on 21:39 - Jul 23 with 407 views | union_jack |
| Care Home Costs £££s on 21:31 - Jul 23 by max936 |
I seem to recall that Uni said something about it as well, just can't remember at moment, head's been frazelled all week with my lad in hospital again. |
I did yes. My mother put her house into trust with myself and the solicitor as trustees. She maintained an interest in a house in that she kept on living there. It was done to avoid care home costs but it was never tested because my mother didn’t go into care but died whilst still officially in the house. |  |
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| Care Home Costs £££s on 21:44 - Jul 23 with 389 views | trampie |
I'm sure I seen it in the past that only about 3% of our population end up in a care home, but it is something that does need to be considered when financial planning. | |
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