Are you a business that provides care in a client's own home, or residential care?
According to estimates from the 2023 UK Care Guide, full-time live-in care for one person can start from around £800 per week, costing up to £1,800 per week. It doesn't take a mathematician to work out that most people are going to struggle to cover these costs for an extended period of time. Especially from savings.
Equity release can provide an alternative method of funding. Allowing your clients to access the funds that are tied up in their home and give them the option to enjoy your services for longer.
If you operate a care home, and your clients are self funding, we can assist.
Rather than using Local Authority funding, we can help them raise the funds to be able to benefit from care in your residence, where one of the property owners remains in the main residence.
So let's have a chat about how we can make their lives better by offering continued care with people they trust and help you reduce turnover and keep your clients on board.
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This is a lifetime mortgage. To understand the features and risks, please ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.
There may be a fee for mortgage advice, the exact amount will be based on your circumstances & will be agreed following your initial meeting. A typical fee is £1,495 payable on completion.
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The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK.
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The Equity Release Partnership Limited is an appointed representative of The Right Mortgage Limited which is authorised and regulated by the Financial Conduct Authority.
Company registered in England and Wales No. 15040518. Registered address, 15 Haystack Avenue, Chippenham, Wiltshire, SN14 0FY.
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