70,000 Elderly People Forced to Sell Their Homes

Each year, an alarming 70,000 elderly people are forced to sell their homes to cover care fees. Imagine an entire football stadium filled with people who have lost their homes—it’s a shocking reality that many families across the UK face. The worst part? This doesn’t even include those who pay £1,500 a week from their savings to cover care costs.

The good news is, this financial burden can be avoided—but only if action is taken before a care needs assessment is carried out.

Why Are So Many Losing Their Homes to Cover Care Fees?

Many people are unaware that elderly care is not covered by the NHS. While the NHS provides healthcare, the costs for long-term care—whether in a care home or at home—must be funded privately in most cases. This often means selling the family home to cover the costs, leaving loved ones devastated.

Without the right estate planning, the value of your home can be used to fund care fees, leaving your family with no choice but to sell.

Estate Planning Can Protect Your Home

One of the most effective ways to prevent losing your home to care fees is through estate planning. By acting early, you can protect your assets and ensure that your home stays in your family. If a married couple owns a property and one partner has been assessed for care, splitting the tenancy can protect part of the property from being taken into account for care costs. The council can only consider the value of the portion owned by the person needing care, which can make a huge difference in protecting your estate.

Unfortunately, most people are unaware of these options until it’s too late.

Act Before It’s Too Late

Once a care needs assessment has been completed, it becomes much harder to protect your home and other assets. If you act early, however, estate planning can ensure that your property is not used to cover care fees, allowing your family to retain the home you’ve worked hard for.

Get Free Advice on Protecting Your Home

Estate planning isn’t just for the wealthy. Anyone who wants to safeguard their home from being lost to care fees can benefit. Our free consultation provides you with expert advice on how to protect your estate and avoid unnecessary losses.

👉 Contact us today for a free consultation and learn how estate planning can save your home from care fees. Get peace of mind and protect your family’s future.