Care Home Fees In Old Age Picking Up

Aug. 12, 2013 - PRLog -- The government study has revealed that the average cost of care is now £50,000 which means more and more people are turning to companies to help them Sell house quickly to cover the fees. 

The inquiry found that one in five of those needing residential care face staggering bills of more than £100,000; a massive amount that can be eased with cash sales rather than going into debt. 

Although care fees have been a constant media storm and controversy, it seems the costs are ever increasing and are now at an all-time high. 

A fifth of people aged over 65 in care homes have to fork out hefty bills and one in about a hundred elderly citizens have even greater costs of £300,000. 

On average, 20,000 people per year sell their home to fund moving into a residential care or nursing home. 

In dealing with this unavoidable problem, seeking independent expert financial advice is important.

Contact

To deal with the rising costs of care home fees and obtain the necessary expert independent financial advice and planning, please contact:

Care Fees Planning 

Index House, St. George’s Lane
Ascot, Berkshire SL5 7ET
United Kingdom

Tel. 01344 636374
http://www.carefeesplanning.co.uk/care-home-fees