Paying for your own care and support. Important information if you are paying for your own care and support needs or may need to in the future
|
|
- Claribel Waters
- 7 years ago
- Views:
Transcription
1 Paying for your own care and support Important information if you are paying for your own care and support needs or may need to in the future
2 Contents Page Paying for your care and support 3 What options are available to you for arranging care at home? 4 What options are available to you for arranging care in a care home? 5 What options are available to you to fund your care home fees? 6 Where can I get advice? 11 National advice 11 Local advice services 13 Independent financial advice 17 Where can I get independent financial advice? 18 What if I have a complaint about the financial advice? 19 2
3 Paying for your care and support Planning ahead and making decisions about care and support can sometimes be difficult. This booklet provides information to help you think about these decisions especially if you are already receiving care or may need to in the future. It will signpost you to organisations that can provide help and advice. Some advice is provided free of charge, although some organisations may charge for their services. The information contained in this booklet is intended as guidance only and does not constitute any endorsement of the organisations listed by the Council. If you are receiving care and support, you need to consider how that support is funded and if you qualify for financial support from the Council. In the following circumstances, you will be expected to fully fund your care services: If you are receiving care in a care home and you have over 23,250 in capital and/or savings. (The value of your home is counted as capital, after the first 12 weeks of your stay, when you are receiving long term care in a care home). If you are receiving care and support at home and you have over 23,250 in capital and/or savings. (The value of your home is not counted as capital, if you are receiving care at home). 3
4 If someone is living in your property, while you are receiving care in a care home, for example your spouse or partner or a dependent relative, then the value of your home may not be counted as capital. If your capital is below 23,250 you may be entitled to help with your care home fees from the Council. The Council can provide you with more information about who is regarded as a dependent relative and how this affects your entitlement to funding from the Council towards your care home fees. If you are funding your own care it is important that you receive good information and advice to help you make the most of your money, and to make good choices about your care. It is also important that you receive independent financial advice which is not provided by the Council or an advisor linked to an organisation which provides care services or a particular financial institution. This means that the advice that you receive is impartial. The information in this booklet will help you decide who to go to for that advice. What options are available to you for arranging care in your own home? If you need care and support to enable you to remain in your own home and you do not qualify for financial support from the Council towards your care costs, the following options are available to you: You can arrange the care and support yourself. There are local organisations who can help you with this (e.g. Ruils) and their details are included in this booklet. 4
5 You can ask the Council for help. You will be assessed to see if you have eligible care needs and if you do, we can arrange the care for you. There will be a charge of 50 per week for meeting these arrangements. You can choose care from one of the Council s contracted care providers or you can choose your own care provider and receive help with payroll and employment arrangements. The Council s Access Team can provide you with further details. Telephone: Text phone: adultsocialservices@richmond.gov.uk What options are available to you for arranging care in a care home? If you need care in a care home and you do not qualify for financial support from the Council towards your care costs, the following options are available to you: You can ask the Council to assess your care needs. If you have eligible care needs but are not eligible for financial support from the Council, the Council will be able to provide you with details of suitable care homes. The Council s Access Team can provide you with further details. Telephone: Text phone: adultsocialservices@richmond.gov.uk 5
6 What options are available to you to fund your care homes fees? 1. Using savings and/or income from investments or property There is an option to use your savings or investment income to fund your care and you should consider this, having taken independent financial advice. 2. Sale of property You may wish to sell your property to pay for your care home fees. There are also other options other than selling your property, such as equity release schemes or a deferred payment agreement. (See below) 3. Purchase a care fees plan A care fees plan requires a lump sum payment to an insurer who will then guarantee to cover residential and nursing fees for the rest of your life. Fees are paid directly by the insurer to the care home provider. You should seek advice from an Independent Financial Adviser regarding a care fees plan. 4. Equity release There are various types of equity release schemes on the market. These can include schemes where you take out a lifetime mortgage with the amount you have borrowed being paid back plus interest, upon death or sale of the property. There are also schemes where you sell a share of your property while remaining in the property. When you die or move into a care home, the property is sold and the equity provider receives their share from the sale. 6
7 The main features of equity release schemes are as follows: normally an arrangement fee will be charged interest will be charged and added to the loan your property is taken as security for a loan the loan will be repaid either upon death or sale of the property. You should seek advice from an Independent Financial Adviser regarding the different equity release schemes and the providers available. 5. Rental income from your property You could generate rental income from your property to help towards your care home fees. A family member could help you with arrangements for managing the tenancy. Alternatively, a letting agency could help you rent out your property. The letting agency can provide a number of services that includes the following: introductory service to help you find a tenant administration service e.g. taking up references on the tenant, drawing up a tenancy agreement and a schedule of conditions collecting the rent from tenants full management service for the property. 7
8 There will be fees payable to the letting agency for any service provided. It is important to choose a reputable letting agency, ideally one recommended to you by family or friends and to understand the fees they will charge and the level of service they will provide. There is advice about property rentals on the following government website: 6. Short term leasing scheme The Council has a scheme whereby it can enter into a lease agreement with you to use your property for people in need of housing, allowing you to generate rental income from your home to help towards your care home fees. This will also ensure your property remains occupied. During the period of the agreement the Council will: make payments to you manage the property for you return the vacated property to you at the end of the agreed time. We will need to speak to you or your representative to give you further details about the scheme and answer any questions you may have. If you decide the scheme is right for you, we will carry out an inspection of your property and see some safety certificates to make sure it is suitable before the lease can start. To find out more about the scheme contact: Telephone: temporaryaccommodation@richmond.gov.uk 8
9 7. Empty property grant scheme Your property may be left empty, when you move into a care home. If you are leaving your property empty and it is in need of renovation, then you may be able to apply to the Council for a Renovation Grant, available to owners of vacant properties. The Empty Property Grant Scheme is open to anyone with a property that has been vacant for a minimum six month period, who will offer the property (once repaired) to the Short Term Leasing Scheme for a minimum period of five years. The maximum grant is 25,000 per unit. For more information about grants, please contact: Telephone: / residentialeh@richmond.gov.uk 9
10 8. Deferred payment The Council has a Deferred Payment Scheme which means that those who are eligible can delay paying part of their care home fees during their lifetime or until they have sold their property. The Council will enter into a deferred payment agreement, using the value of your main home as security. Those who qualify for a deferred payment will not have to sell their home during their lifetime. An arrangement fee and interest charges are applied. For more information about deferred payments, please contact: Telephone: charginghelpline@richmond.gov.uk These are the main options available to you if you are funding your own care, although there may be other options or financial products which may be more appropriate for you. It is recommended that you contact an Independent Financial Adviser to determine the best options for your particular circumstances. 10
11 Where can I get advice? 1. National Advice There are many national organisations which provide advice on care and support, which include: Age UK Age UK provides information and factsheets on a variety of subjects including paying for care and support at home; finding care home accommodation; planning for retirement etc. These can be accessed online using the following link and then searching for factsheets. Web: SOLLA The Society of Later Life Advisers is a not-for-profit organisation. It provides financial products and services to the later life market. Their aim is to ensure that consumers are better informed about the financial issues of later life and can find a fully accredited adviser quickly and easily. They do not provide financial advice themselves but they can help you find trusted accredited financial advisers who understand financial needs in later life. 11
12 Gov.uk This Government website provides information from all government departments, including policies, announcements, publications, statistics and consultations. It also includes financial information that may help you. Web: The Money Advice Service This is a Government website that has been set up to provide free and impartial money advice in many areas. There is a section for care and disability that includes care advice and help and paying for care. Web: Pension Wise This is a free and impartial Government service which helps you understand your pension options. Web: 12
13 2. Local Advice Services Voluntary Organisations There are many local and national voluntary organisations which provide information and advice. Richmond Citizens Advice Bureau (CAB) Richmond Citizens Advice Bureau provides free, confidential, impartial advice to everybody. It helps people with the issues that are important to them, whatever the problem, they are there to help. It is able to give free impartial Money Advice on how best to manage all aspects of your personal finances; including your entitlements under the Care Act and paying for your care. Telephone: Web: 13
14 Richmond AID Richmond AID is a charity run by and for disabled people in the London Borough of Richmond upon Thames and surrounding areas. It supports people of all ages with disabilities, including physical and sensory impairments, mental health issues and learning disabilities. Their aim is to support disabled people to live independent lives and to have the same opportunities as non-disabled people. The charity provides disabled people and their families and carers with a range of services from welfare benefits advice, help with employment and training, garden service (SPADE) to their Advice Service including general advice and information on how to pay for your care. Advice Line: Web: GoLocal GoLocal provides information about local services, activities and events. It offers opportunities and support for people to participate in local activities across Twickenham, Whitton, Barnes, Mortlake and East Sheen. Telephone: hello@golocal.org.uk Web: #GoLocal 14
15 The Community Partnership The Community Partnership provides information about local services, activities and events. It offers opportunities and support for people to participate in local activities across Teddington, The Hamptons, Richmond, Kew, Ham and Petersham. Telephone: Web: 15
16 Ruils Ruils is a local, user-led charity supporting individuals (irrespective of age, impairment, health condition or capacity) to live independently at home and in their community. It provides a range of services from information, advice and advocacy to a befriending service where volunteers visit and support individuals at home. Ruils can help you if you are starting to think about getting help for your daily life and are funding your own care. Ruils services include researching, helping you choose and set up support with services tailored to you. For information on packages and pricing call their Independent Living Advisor. Telephone: Age UK Richmond Age UK Richmond is an independent charity working across the borough to improve the quality of life for older people. They offer a wide range of services including a telephone helpline, handyperson service and social centres in Barnes, Twickenham and Whitton. Telephone: info@ageukrichmond.org.uk 16
17 Independent Financial Advice Throughout your life you are likely to need different financial products. A financial adviser can help you make the right decision about the best product for you, but the advice is not free. There are two types of financial advice you can get, independent or restricted: Independent financial advisers (IFAs): If an adviser is independent or a firm advertises that it gives independent advice this means that it is able to advise and sell products from any provider across the market. Therefore you should get the very best advice and products tailored just for you. Restricted advisers: If an adviser or firm is restricted it can only recommend certain products or product providers to you. The adviser should clearly be able to explain the nature of the restriction to you, but if you are not sure then it is best to ask. To be classed as an independent financial adviser, an adviser needs to: offer a broad range of investment products give consumers unbiased and unrestricted advice based on their comprehensive and fair analysis of the relevant market tell consumers, before advising them, that they are an independent adviser. 17
18 Where can I get independent financial advice? SOLLA The Society of Later Life Advisers (SOLLA) has a find an adviser webpage. You can find an independent financial adviser who is suitably qualified to provide later life advice via the website: Financial Conduct Authority The Financial Conduct Authority (FCA) regulates over 50,000 businesses and is accountable to the Treasury, although independent from government. Its aim is to enable consumers to get a good deal. The FCA maintains a register of firms or individuals it has authorised to do business, carry out regulated activities or provide products or services. You can search the FCA register at: 18
19 What if I have a complaint about the financial advice? Financial Ombudsman Service If you are unhappy with any financial advice you have received from an IFA, you can make a complaint direct to the company. If they have not responded within eight weeks or you are still unhappy then you can contact the Financial Ombudsman Service. They have been set up by parliament to sort out individual complaints that consumers and financial businesses aren t able to resolve themselves and their service is free. You can ring them Monday to Friday (8am to 8pm) or Saturday mornings: Telephone: or complaint.info@financial-ombudsman.org.uk You can also make a complaint online via their website. Web: Disclaimer: The information contained in this booklet is intended as guidance only and the London Borough of Richmond upon Thames cannot accept any responsibility for any financial loss arising from the use of information contained in this booklet. If you are fully paying for your own care, it is recommended that you seek independent financial advice and in certain circumstances, such as when you are using your property as security, independent legal advice. 19
20 How to contact the Access Team Telephone: Textphone: Website: Where to find us Adult and Community Services Civic Centre 44 York Street Twickenham TW1 3BZ Our offices are open Monday to Thursday from 9am to 5.15pm and on Friday from 9am to 5pm. If you have difficulty understanding this publication and you would like this leaflet in a different language, large print, or Braille please call Ref: 167/03/16
What is the Deferred Payments Scheme? Help with paying for your care
What is the Deferred Payments Scheme? Help with paying for your care The Deferred Payment Scheme can help you pay for your care home fees, if you own your home and cannot afford to pay the full fee, as
More informationDeferred payments for people in permanent residential care
Money and legal matters Deferred payments for people in permanent residential care Deferred payment agreements scheme - Information for residents 2 Deferred payment agreements scheme Contents Introduction
More informationThe Deferred Payments Scheme. An information leaflet for home owners, paying for residential or nursing home care
The Deferred Payments Scheme An information leaflet for home owners, paying for residential or nursing home care What is the Deferred Payment Scheme? The deferred payment scheme is designed to help if
More informationCommissioned by. Written by. Supported by
Use of Housing Equity for Beginners A self training module Commissioned by Written by Supported by About this training module This self training module is for people who want to understand the basic ideas
More informationPaying for care: information and advice
Draft: for sharing in September 2015 Paying for care: information and advice Helping you to make informed choices about paying for care Is this leaflet for you? Many people don t know that unlike the NHS,
More informationDeferred Payments Scheme Guidance Notes for residents, relatives and carers
Royal Borough of Windsor and Maidenhead Deferred Payments Scheme Guidance Notes for residents, relatives and carers What you need to know June 2015 Windsor, Ascot and Maidenhead What is the Deferred Payments
More informationPaying for your own residential care
Paying for your own residential care June 2015 Page 1 Contents How will I know whether my needs have to be met by residential care?... 3 How do I find a home?... 3 How much will I have to pay towards the
More informationDeferred Payment Agreement Scheme
Adult Social Care and Health Deferred Payment Agreement Scheme Information about the Council s Deferred Payment Agreement Scheme an option to help you manage care home costs if you own your property www.reading.gov.uk/carecharges
More informationDeferred Payment Scheme Information Leaflet
Deferred Payment Scheme Information Leaflet What is the Deferred Payments Scheme? The Deferred Payments Scheme is designed to help you if you have been assessed as having to pay the full cost of your residential
More informationPeople moving into a care home who have a property Information sheet D4 April 2016
People moving into a care home who have a property Information sheet D4 April 2016 This information sheet explains your rights as a homeowner if you are moving into a care home with financial support from
More informationEquity release. Money matters. Deciding whether equity release is right for you. AgeUKIL6
Equity release Deciding whether equity release is right for you Money matters AgeUKIL6 Information and advice you need to help you love later life. We re Age UK and our goal is to enable older people across
More informationFinding Financial Advice and Information About Care and Support
Finding Financial Advice and Information About Care and Support Financial advice and information is intended to help you make informed choices about your finances and help with planning your care. Adult
More information1 Don t ignore the problem
Sometimes when your circumstances change, for example you work fewer hours, become sick, separate/ divorce, receive a cut in your pay, lose your job or have high bills to pay, life seems impossible. Don
More informationDeferred Payment Scheme Information and guidance 2015/16
Deferred Payment Scheme Information and guidance 2015/16 What is the Deferred Payment Scheme? The Deferred Payment Scheme is designed to prevent people from having to sell their home, in their lifetime,
More informationDeferred Payment Scheme. This leaflet gives a guide to Derbyshire County Council s Deferred Payment Scheme
Deferred Payment Scheme This leaflet gives a guide to Derbyshire County Council s Deferred Payment Scheme Contents What is the Deferred Payment Scheme? Page 3 To apply for a Deferred Payment you must...
More informationA Guide to Releasing Capital from your Home
Advice for older people A Guide to Releasing Capital from your Home Advice provided by Advice for older people FirstStop Advice brings together the expertise of some of the most trusted and respected organisations
More informationDeferred payment agreements April 2015
Deferred payment agreements April 2015 This leaflet explains how a deferred payment agreement may help you when you move to a care home What is a deferred payment? A deferred payment is when the council
More informationDeferred Payment Agreement Factsheet
Deferred Payment Agreement Factsheet What is a Deferred Payment Agreement? Deferred Payment Agreements are designed to help you if you have been assessed as having to pay the full cost of your residential
More informationPaying for your Care in a Home The Council s Deferred Payment Scheme. Introduction
Paying for your Care in a Home The Council s Deferred Payment Scheme Introduction Our leaflet A Guide to entering a care home explains how you can ask the Council to help you with the cost of your care
More informationEquity release using your home to get a cash sum
Equity release using your home to get a cash sum for independent information About us We are an independent watchdog set up by the Government to: regulate firms that provide financial services; and help
More informationwhat to consider before deciding on a particular scheme
Factsheet 65 May 2014 About this factsheet This factsheet provides information about different types of equity release schemes such as lifetime mortgages and home reversion schemes. It includes information
More informationFinding Financial Advice and Information About Care and Support
Finding Financial Advice and Information About Care and Support Financial advice and information is intended to help you make informed choices about your finances and help with planning your care. Adult
More informationOur Home Reversion Plan. Enjoy your retirement by unlocking the value of your home
Our Home Reversion Plan Enjoy your retirement by unlocking the value of your home I can now have the garden I ve always wanted. 1 Bridgewater Equity Release Limited the Home Reversion Plan experts Bridgewater
More informationPrinted for the Scottish Government by RR Donnelly B55529 03/08
THINKING ABOUT care MOVING INTO A home? THINKING ABOUT care MOVING INTO A home? Crown copyright 2005 ISBN 0 7559 4472 0 Scottish Government St Andrew s House Edinburgh EH1 3DG Printed for the Scottish
More informationPaying for residential and nursing home care if you own property
M ay 20 15 Paying for residential and nursing home care if you own property If you need help understanding this leaflet, an interpreting service is available. Please phone Stockport Interpreting Unit on
More informationDeferred Payment Agreements
Deferred Payment Agreements Paying for your Care in a Home Barnet Council s Deferred Payment Scheme What is a Deferred Payment Agreement? A Deferred Payment Agreement is an arrangement with the Council
More informationThe Personal Range Key Features of the Individual Personal Pension Transfer Value Account
The Personal Range Key Features of the Individual Personal Pension Transfer Value Account Reference MPEN11/F 07.15 The Financial Conduct Authority is a financial services regulator. It requires us, Friends
More informationare you in danger of losing your home?
are you in danger of losing your home? Mortgage to Rent Scheme help is at hand... We want to make it as easy as possible for you to get information about Mortgage to Rent. You can ask for this document
More informationlargeequityrelease.com EQUITY RELEASE GUIDE Speak to one of our specialists today on 020 3824 0904
largeequityrelease.com EQUITY RELEASE GUIDE Speak to one of our specialists today on 020 3824 0904 CONTENTS What is equity release?... 3 How much money could I raise through an equity release?... 4 What
More informationPaying for a care home Will I have to sell my home?
Paying for a care home Will I have to sell my home? www.brent.gov.uk Information for those considering residential or nursing care Revised April 2010 Who is this booklet for? This booklet is to help adults
More informationDeferred Payment Agreement (DPA) Fact Sheet
Deferred Payment Agreement (DPA) Fact Sheet From April 2015, all councils in England are required to provide a Deferred Payment scheme for local residents. This will apply to anyone who owns a property
More informationCare Homes for Older People
Care Homes for Older People in Richmond upon Thames This leaflet provides details of residential and nursing homes available to older people in the wider Richmond upon Thames area. Valid as at April 2015
More informationProblems paying your mortgage
Problems paying your mortgage What you need to do now and how to get back on track Steps to take now What your options are Get free impartial advice The Money Advice Service is independent and set up by
More informationKey Features of the NHS Additional Voluntary Contributions (AVC) Scheme
Key Features of the NHS Additional Voluntary Contributions (AVC) Scheme Important information you need to read The Financial Conduct Authority is a financial services regulator. It requires us, Prudential,
More informationPaying for Adult Social Care services in Leeds
Paying for Adult Social Care services in Leeds Financial information from April 2015 Introduction From April 2015 the way that care and support is provided is changing for the better. The Care Act 2014
More informationInformation on the Council s Deferred Payments Scheme
Information on the Council s Deferred Payments Scheme What is the Deferred Payments Scheme? The Deferred Payments Scheme is designed to help you if you have been assessed as having to pay the full cost
More informationChadwick s. Equity Release
c Independent Chadwick s Financial Advisers Equity Release Contents Chadwick s IFA Page 4 Equity Release Page 5 Lifetime Mortgages Page 6 Home Reversion Schemes Page 7 Considerations Pages 8&9 Safe Guards
More informationOur House. How to place a property in trust for someone with a learning disability. Trust Company
Our House How to place a property in trust for someone with a learning disability Trust Company Mencap Trust Company Limited and Golden Lane Housing are working together to provide a service that helps
More informationwww.westsussex.gov.uk/social-care-and-health Deferred payments What do I need to know?
www.westsussex.gov.uk/social-care-and-health Deferred payments What do I need to know? www.westsussex.gov.uk/social-care-and-health What is a deferred payment agreement? A deferred payment agreement is
More informationFinancial Information Guide: Residential / Nursing
Financial Information Guide: Residential / Nursing Financial Information Guide for people going into a care home, or care home with nursing on a permanent basis 2015/2016 This booklet explains: 1. About
More informationHow To Get Out Of Debt
Are you worried about your mortgage? Get advice now If you are struggling to pay your mortgage, act now to stop your situation becoming worse Funded by the Northern Ireland Executive, delivered through
More informationDisability and Carers Service. Customer Information
Disability and Carers Service Customer Information 2 Disability and Carers Service - Customer Information Contents 3 Introduction 3 What we aim to do 4 What we would like you to do 5 Changes you must tell
More informationfactsheet Deferred payments adult care and support Introduction Sheffield City Council Adult Care and Support Service
Sheffield City Council Adult Care and Support Service Deferred payments adult care and support factsheet Deferred payments allow people who own their own home to use the value of their property to defer
More informationA guide to Deferred Payments
A guide to Deferred Payments Paying for residential care or nursing care if you own your home What is the deferred payment scheme? If you are a home owner moving to residential or nursing care, this scheme
More informationInformation on: Deferred Payment Scheme
Information on: Deferred Payment Scheme From 1 April 2015 Introduction From April 2015 the way care and support is provided is changing for the better. The Care Act 2014 is a recent piece of legislation
More informationDeferred Payments. A guide to. Paying for residential care if you own your home
Deferred Payments A guide to Paying for residential care if you own your home What is the deferred payment scheme? If you are a home owner moving to residential care this scheme is designed to assist you
More informationDEFERRED PAYMENT AGREEMENT. Information Pack for our service users and their families or representatives
12 WEEK PROPERTY DISREGARD PERIOD AND THE DEFERRED PAYMENT AGREEMENT Information Pack for our service users and their families or representatives What is the 12 week Property Disregard Period? The Council
More informationKey Features of the Local Government Additional Voluntary Contributions (AVC) Scheme for England & Wales
Key Features of the Local Government Additional Voluntary Contributions (AVC) Scheme for England & Wales Important information you need to read The Financial Conduct Authority is an independent financial
More informationOur fees and charges explained
Our fees and charges explained and other important information about how your mortgage works June 2015 What s in this booklet Keeping you informed 3 Application and valuation fees 3 Application fees 3
More informationImportant information. Key Features of the Guaranteed Pension Annuity
Important information Key Features of the Guaranteed Pension Annuity Important information The Financial Conduct Authority is a financial services regulator. Prudential is required to give you the important
More informationHousing Adaptations The key to independent living for older people
Housing Adaptations The key to independent living for older people About this Information Information for Older People needing help with Housing Repairs and Adaptations This e-leaflet is intended to provide
More informationUse your home to your advantage. A guide to equity release
Use your home to your advantage A guide to equity release 2 A guide to equity release Introducing Retirement Advantage Previously known as MGM Advantage and Stonehaven, we are a wellestablished company
More informationSpotlight. Defined benefit (DB) pensions and the new pension flexibilities. Have I got a defined benefit pension?
This factsheet outlines how defined benefit (DB) pensions are affected by the new pension flexibilities. The Pensions Advisory Service is unable to give individual specific advice and you should seek alternative
More informationApproaching retirement
A guide to tax and National Insurance contributions IR121 Contents Introduction Retiring early National Insurance contributions 1 Get a state pension forecast 2 Income tax 2 Claiming your State Pension
More informationHousing & Council Tax Benefit A Landlord s Guide
Housing & Council Tax Benefit North Yorkshire Training Group Benefits Leaflet also available in large print Contents: Part 1 - About this booklet Part 2 - What is Housing Benefit and Council Tax Benefit
More informationInformation for people in residential care with property
Information for people in residential care with property If you are assessed as eligible for permanent residential care and you have a property and your other capital is valued at less than 23,250 the
More informationHome Purchase Plan Premier. Product information. alrayanbank.co.uk
Home Purchase Plan Premier Product information alrayanbank.co.uk Understanding your needs The Home Purchase Plan Premier (HPPP) from Al Rayan Bank (formerly Islamic Bank of Britain, IBB) helps you buy
More informationHousing options for single parents
Formed from the merger of the National Council for One Parent Families and Gingerbread Factsheet For single parents in England and Wales February 2012 Freephone 0808 802 0925 Gingerbread Single Parent
More informationALL YOU NEED TO KNOW.
LIFETIME MORTGAGE LIFETIME MORTGAGES ALL YOU NEED TO KNOW 1 ALL YOU NEED TO KNOW. 2 LIFETIME MORTGAGES ALL YOU NEED TO KNOW CONTENTS 1. IntrODUCTION 2. AbOUT lifetime mortgages 3. FeaturES of our lifetime
More informationEquity release schemes. Raising money from your home
Equity release schemes Raising money from your home The Money Advice Service is here to help you manage your money better. We provide clear, unbiased advice to help you make informed choices. We try to
More informationNorth Yorkshire Local Assistance Fund Other forms of support
North Yorkshire Local Assistance Fund Other forms of support Central Services North Yorkshire County Council Central Services Contents Page Financial Help 3 Housing 4 Help with Utilities 5 Furniture 6
More informationVersion 0.1 Adult Social Care Deferred Payment Policy Issued: April 2015
Adult Social Care Deferred Payment Policy 1 Introduction 1.1 This Policy details how Deferred Payment Agreements (DPAs) are to be operated by Rochdale Council from April 2015. 1.2 When a person enters
More informationHome Purchase Plan. Product information. alrayanbank.co.uk
Home Purchase Plan Product information alrayanbank.co.uk Sharia compliant, flexible, aordable home finance Unlike a conventional mortgage where the purchaser borrows money from a lender which is then repaid
More informationGet advice now. Are you worried about your mortgage?
Are you worried about your mortgage? Get advice now If you are struggling to pay your mortgage, or you think it will be difficult to pay more when your fixed-rate deal ends, act now to stop your situation
More informationWiltshire Council PAYING FOR RESIDENTIAL OR NURSING CARE WHERE PEOPLE OWN THEIR PROPERTY INTERIM ADVICE PENDING NEW POLICY
Wiltshire Council PAYING FOR RESIDENTIAL OR NURSING CARE WHERE PEOPLE OWN THEIR PROPERTY INTERIM ADVICE PENDING NEW POLICY 2015 2016 Please note, this is interim guidance pending changes to the Councils
More informationDeferred Payment Scheme: Frequently Asked Questions
Deferred Payment Scheme: Frequently Asked Questions What is a deferred payment scheme? The Deferred Payments Scheme is designed to help you if you have been assessed as having to pay the full cost of your
More informationNo selling. No jargon. Just the facts about equity release schemes. Raising money from your home. Our guides here to help you
September 2010 Our guides here to help you This guide is part of our Pensions and retirement series. Buying a home. Everyday money. Saving and investing. If things go wrong. Available from our helpline
More informationGet advice now. Are you worried about your mortgage? New edition
New edition July 2009 Are you worried about your mortgage? Get advice now If you are struggling to pay your mortgage, act now to stop your situation becoming worse. Working with Citizens Advice Bureaux
More informationA Guide to the Mortgage to Rent Scheme
a government initiative A Guide to the Mortgage to Rent Scheme A Guide for Applicants Contents 1. What is the Mortgage to Rent Scheme? 3 2. What are the benefits of the Scheme? 3 3. Who provides the Scheme?
More informationCertificate in Regulated Equity Release
Unit 1: Fundamentals of Equity Release Certificate in Regulated Equity Release Attainment Level knowledge of: K1 Definition of a Home Reversion (HR) plan & alternative methods of equity release/capital
More informationImportant information. Key Features of the Income Choice Annuity
Important information Key Features of the Income Choice Annuity Important information The Financial Conduct Authority is a financial services regulator. Prudential is required to give you the important
More informationBlackburn with Darwen Borough Council Deferred Payments Scheme
Blackburn with Darwen Borough Council Deferred Payments Scheme A guide to Deferred Payments paying for residential care or nursing care if you own your own home. 1 What is the Deferred Payments Scheme?
More informationAre you or your parents thinking about taking out an Equity Release product?
Equity Release Are you or your parents thinking about taking out an Equity Release product? Why take out an equity release plan? So what is an Equity Release plan? Who can take out an Equity Release Scheme?
More informationGet advice now. Are you worried about your mortgage? New edition
New edition July 2010 Are you worried about your mortgage? Get advice now If you are struggling to pay your mortgage, act now to stop your situation becoming worse. Working with Citizens Advice Bureaux
More informationLast reviewed: September 2015 Next review date: April 2016
Factsheet Pension Credit About four million older people are entitled to receive Pension Credit to top up their retirement income, yet just under half of those eligible are not claiming it, or are not
More informationWelcome to. OneFamily
OneFamily Lifetime Mortgages 1 Welcome to OneFamily Welcome to our OneFamily Lifetime Mortgages. This brochure acts as an easyto-digest introduction to lifetime mortgages and provides you with a summary
More informationAll you need to know about the. Seniors Money Lifetime Loan. Information for you, your family and your advisers
All you need to know about the Seniors Money Lifetime Loan Information for you, your family and your advisers 1 Contents This brochure from Ireland s only specialist Lifetime Mortgage provider highlights
More informationThe Saga Guide to Paying for Care
The Saga Guide to Paying for Care Welcome An active and secure retirement is something we like to think we re all entitled to and we find it hard to imagine a time beyond that, when we may need care from
More informationDeferred Payments. People & Communities. What is a Deferred Payment? Your agreement with us
Deferred Payments People & Communities What is a Deferred Payment? A Deferred Payment is designed to help you, if you have to pay the full cost of your residential care, but cannot afford to pay the full
More informationNo selling. No jargon.
January 2008 Our guides here to help you About the Financial Services Authority. Everyday money. Saving and investing. Pensions and retirement. If things go wrong. Buying a home. Available from our Consumer
More informationIf you have Parkinson s, or care for someone who does, you may have
Work, Symptoms money and and practical lifestyle matters General information about benefits If you have Parkinson s, or care for someone who does, you may have some concerns about how you will manage financially.
More informationOur fees and charges explained
Our fees and charges explained and other important information about how your mortgage works May 2015 What s in this booklet Keeping you informed 3 Application and valuation fees 3 Application fees 4 Valuation
More informationWHAT IS EQUITY RELEASE? WHY CONSIDER EQUITY RELEASE?
WHAT IS EQUITY RELEASE? Equity Release can free some of the capital tied up in your home, while you continue to live there. This money can be in the form of a tax-free lump sum, a regular income or a combination
More informationKey Features of the Prudential Personal Pension Scheme
Key Features of the Prudential Personal Pension Scheme Important information you need to read The Financial Conduct Authority is the independent financial services regulator. It requires us, Prudential,
More informationHow to get help if you can t pay your bill
How to get help if you can t pay your bill Code of Practice 1 - Code of Practice Please tell us straight away if you are having difficulty in paying. We are always happy to help. Call our customer helpline
More informationWills, Lasting Power of Attorney etc etc
Wills, Lasting Power of Attorney etc etc Martyn Burgess Independent Financial Advisor In Association with John Emptage of Bright Solicitors Welcome Welcome to Leech & Burgess IFA LLP Independent Financial
More informationEquity Release An easy to understand guide just for you
TRuE BEARing ChARTEREd e Right direction for Financial Advice Equity Release An easy to understand guide just for you True Bearing Chartered 2 Buckshaw Court, East Terrace Business Park Euxton Lane, Euxton,
More informationRELEASING CASH FROM YOUR HOME
RELEASING CASH FROM YOUR HOME As a recommended adviser for the Society of Later Life Advisers (SOLLA) we are frequently asked to advise on home income/equity release plans. These notes are designed to
More informationGuide to Bankruptcy. When - Where - How - What
Guide to Bankruptcy When - Where - How - What 1 Contents 1. About this guide....3 2. What is bankruptcy?...3 3. How are you made bankrupt?...4 4. Where is the bankruptcy order made?...4 5. Who will deal
More informationJOINT AND SEVERAL LIABILITY. Partnership responsibilities
JOINT AND SEVERAL LIABILITY Partnership responsibilities March 2014 Contents Why do I need to know about it? 1 What does Joint and Several Liability mean? 1 How do we open a partnership account? 2 How
More informationWhat is the Deferred Payments Scheme?
What is the Deferred Payments Scheme? The Deferred Payments Scheme is designed to help you if you have been assessed as having to pay the full cost of your residential care but cannot afford to pay the
More informationA Guide to Paying for Building Repairs and Maintenance
A Guide to Paying for Building Repairs and Maintenance Useful information for home owners service and people first This leaflet provides general financial information and does not constitute regulated
More informationFSA Factsheet Retiring soon what you need to do about your pensions
October 2005 FSA Factsheet Retiring soon what you need to do about your pensions Financial Services Authority This factsheet is for you if: you re planning to retire soon, or you want to plan ahead; and
More informationEquity Release. Standards for Appropriate Examinations. AES3/011206 Financial Services Skills Council 2006 1
Equity Release Standards for Appropriate Examinations AES3/011206 Financial Services Skills Council 2006 1 The Standards The Standards contain the following information: 1. The learning outcomes that must
More informationImportant information to help people in mortgage arrears
Important information to help people in mortgage arrears September 2015 Contents Talk to your Lender Talk to your Lender 3 Explore your Options 4 Contact a Trusted Third Party for Advice - MABS (Money
More informationGoing into hospital money matters
Going into hospital money matters RET0403 Being admitted to hospital either voluntarily or under section can be a distressing experience. Often money may be the last thing on your mind. However if neither
More informationDeferred payment information
Deferred payment information London Borough of Care Act April 2014 April 2015 1 The London Borough of Deferred Payments Scheme From April 2015 Charges for Residential Accommodation and other specific settings
More informationAL amyoidosis Infosheet
AL amyoidosis Infosheet Myeloma UK Broughton House 31 Dunedin Street Edinburgh EH7 4JG Tel: 0131 557 3332 Fax: 0131 557 9785 Myeloma UK Infoline 0800 980 3332 www.myeloma.org.uk/ amyloidosis Charity no.
More informationTHE CHURCH OF ENGLAND PENSIONS BOARD
THE CHURCH OF ENGLAND PENSIONS BOARD Retirement Housing SHARED OWNERSHIP BOOKLET Information Booklet for Scheme Applicants Housing Department The Church of England Pensions Board, 29 Great Smith Street,
More informationJust the facts about. Moneymadeclear. Our guides here to help you. No selling. No jargon. Just the facts. www.moneymadeclear.fsa.gov.
July 2009 Our guides here to help you This guide is part of our About the FSA series. Pensions andbuying a retirement. home. Everyday money. Saving and investing. If things go wrong. About the Financial
More information