A family member is in a Carehome for approximately 24mths through the Fairdeal scheme
His Wife is dead and no one is actually living in the family home which is his own name and tied directly to the FD by way of a valued asset..
My Question is
1 Is it possible to sell the house and have the proceeds capped as the value of the property is at the moment.
Your home will be removed from your financial assessment after you have been in care for 3 years. This does not include the rental income you receive your home. You do not need to do anything.