A
Azurerat
Guest
Hi,
My mum is in a nursing home under the subvention scheme (pre Oct 27 1999).
My father has now been referred for long term care and I have to apply under the new fair deal scheme.
My problem is this: their house is now unoccupied. His only income is his pension which i understand he will contribute 80% of for the scheme. I also understand that he will have to pay 2.5% (as he is married ie 1/2 of 5%) of the house value for a max of three years under deferred payment.
My problem is what to do with the house? If it is rented I believe this is considered income and 80% is taken?
Can the house be sold while they are alive (my parents have willed it to their children including me), I believe it is then considered savings of my father and as such 2.5% is taken annually for the remainder of his life? Or do we leave the house idle?
Any advice is greatly appreciated.
Az
My mum is in a nursing home under the subvention scheme (pre Oct 27 1999).
My father has now been referred for long term care and I have to apply under the new fair deal scheme.
My problem is this: their house is now unoccupied. His only income is his pension which i understand he will contribute 80% of for the scheme. I also understand that he will have to pay 2.5% (as he is married ie 1/2 of 5%) of the house value for a max of three years under deferred payment.
My problem is what to do with the house? If it is rented I believe this is considered income and 80% is taken?
Can the house be sold while they are alive (my parents have willed it to their children including me), I believe it is then considered savings of my father and as such 2.5% is taken annually for the remainder of his life? Or do we leave the house idle?
Any advice is greatly appreciated.
Az