Fair Deal/Nursing Homes Appealing interest on fair deal loan

Interest on late payments​

Interest will be charged on any part of the loan that is paid after the due date. The due date is:

• twelve months after the date of death, for loan repayments made because the person in care died
• six months after the date of sale or transfer, for loan repayments made because the property or land on which the Charging Order exists is sold or transferred.

Interest is not charged from the due date of the loan repayment.

Date interest is charged from​

For any payment made after the due date, interest will be charged from the:

• date of death, for loan repayments made because the person in care died
• date of sale or transfer, for loan repayments made because the property on which the Charging Order exists was sold or transferred.

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mendacity said:

Can we appeal this given the unforeseen delays in selling the family home were outside our control?

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twofor1 said:

I asked revenue for an extension, explaining that the house sale was going through but due to the pandemic it was delayed and would not be complete within a year of death.

Revenue replied stating that they are the collection agents for the HSE and could not grant an extension to the collection timeframe and are bound by legislation to charge interest from the date of event.

But the reply went on to say, once the principal amount is paid, the interest on late payment can be appealed and revenue takes a fair and pragmatic view and judges each case on its own merits.

From this response it appears there is some flexibility to waive the interest for genuine cases though I have no idea how long beyond the year you might get away with.

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