A Comprehensive Guide to Selling a Property for Caring Fees

Crane & Co have supported many families selling property to help pay for care fees, often for care homes for over 30 years.

You may be a homeowner who needs to fund care in your own home or your place in a care home. The person whose home it is may not be able to explain their wishes or express their feelings.

We understand that it may involve more than the practicalities of selling a building. It can also mean coming to terms with new needs and responsibilities. The feelings of grief you may experience as you embark on this process can make it difficult to navigate.

We never forget how overwhelming it can feel. And that’s why we can assure you you’ll always receive a patient, polite, and professional service should you decide to sell your home with us.

So, what’s next if you’re selling a property for Caring Fees?

Download and read the guide below, which is full of answered questions and advice. After reading this guide, you may find it helpful to have a no-obligation, no-pressure chat with us if you are facing this journey.

Request a Call from Our Team

Getting started

If you are considering selling your home to fund the costs of care….

Ensure you have checked with your council about what you’re entitled to before you begin the process of a property sale. Councils have a duty to ensure they signpost you towards the correct services, even if you are self-funding. This might mean funding for care within your home, a place in a care home, or specialised care provision. There are also other services available, like adaptations for inside your home. Care needs assessments from adult social services are free. They can support you to uncover the variety of options open to you. There are also carers’ assessments if you have a carer.

Financial Assessment

Once you’ve had a care needs assessment, you’ll probably then be means tested….

It is designed to see if the council are able to assist with some or all of your care fees, whether that’s for care at home or in a care home. If you have the financial resources that allow you to self-fund, there is something called a ‘light-touch assessment’. This means that the council will still support you to arrange your care. The assessment looks at your income, including any benefits and pensions. It also looks at your capital which means your investments and savings. The value of your home may or may not be included. It depends on your needs and circumstances. It is important to note that only your income and capital is considered. If you have a partner, their financial situation is not deemed relevant.