Deferred payment agreements

Eligibility

You are likely to be eligible for a deferred payment agreement if:

• you are receiving care in a care home (or you are going to move into one soon)
• you own your own home (unless your partner or certain others live there)
• you have savings and investments of less than £23,250 (not including the value of your home or your pension pot).

What does the agreement involve?

In a deferred payment agreement, the Council undertakes to pay your care home bills on your behalf up to an agreed limit which depends on the value of your home. In return, the Council takes a legal charge on your property as security, which allows the Council to reclaim the money you owe from the money received when your house is sold.