Deferred payment agreements

If you're moving into a care home long-term, the value of your home may be included in your financial assessment.

If your home is included in the assessment, we may want to enter into a deferred payment agreement with you. This would mean that you can put off paying what you owe until your home is actually sold, or it's sold as part of your estate after you die.

You'll still have to make a contribution towards your care from any income, savings or other assets you have.

The value of your home will not be included in the assessment:

  • if you need short-term or temporary care in a care home

  • if one of the following people also lives in your home, and will continue to live there after you've moved into a care home:

    • your husband, wife, civil partner or partner
    • a close relative over the age of 60
    • a child under the age of 18
    • a relative under the age of 60 who receives certain disability benefits

More information on deferred payment agreements can be found on the Care Home website.

Get in touch if you need to discuss deferred payment agreements and how it may affect your assessment.