How much does a live-in carer charge?

Have you ever wondered how much live-in care really costs? For many families, choosing between a care home and live-in support is a significant decision—one that involves not just personal preferences but financial considerations too. Understanding the costs and funding options available can help you make an informed choice that ensures comfort, dignity, and the right level of care for yourself or a loved one.

Many people assume that care homes are the cheaper option. However, the cost comparison depends on the individual’s needs. Here’s a breakdown of average costs:

• Residential care homes: Around £700 per week for assistance with daily tasks and meals.
• Nursing homes: Starting from £850 per week, with higher costs for medical support.
• Specialist dementia care: Often exceeding £1,200 per week.

For couples requiring care, live-in support can be a particularly cost-effective alternative, as the cost covers both individuals rather than paying for two separate care home placements.

Self-Funding Care

If your savings exceed £23,250, or you own a property and are moving into a care home, you will generally need to fund your own care. However, there are ways to manage these costs:

• Paying privately: Arranging care directly with a provider.
• Requesting local council assistance: The council can arrange care on your behalf, though they may charge an administrative fee.
• Equity release: Accessing funds from your home without selling it.
• Renting out your property: Generating income to offset care costs.
• Deferred payment schemes: The local council covers costs upfront, to be repaid later.

Local Authority Support

If your savings fall below £23,250, you may be eligible for financial support from the council. To determine this, you will need a free needs assessment, which evaluates the level of care required. If you qualify, the council may contribute towards the cost of your care, depending on your income and assets.

NHS Funding Options

Some individuals may be entitled to NHS Continuing Healthcare (CHC), which fully covers care costs for those with severe health needs. Other funding options include:

• NHS-funded nursing care: For those in a nursing home setting.
• Attendance Allowance: A benefit for those over state pension age needing personal support.
• Personal Independence Payment (PIP): For individuals under pension age requiring assistance with daily tasks.

One common concern is running out of funds. If your savings fall below £23,250, you should contact the local council at least three months in advance to discuss funding options. Some individuals also explore:

• Deferred payment schemes, where the council covers costs upfront, to be repaid later.
• Equity release, which allows homeowners to access cash tied up in their property.
• Reablement services, which offer short-term care following illness or hospital discharge, often free of charge.

Choosing the best care option involves thoughtful financial planning. Expert guidance can help ensure you or your loved one receives the right support without unnecessary financial strain. Consider reaching out to:

• Age UK – Freephone 0800 055 6112
• Independent Age – Freephone 0800 319 6789
• Society of Later Life Advisers (SOLLA) – Call 0333 2020 454
• MoneyHelper – Freephone 0800 011 3797