Deferred Payment Agreements
Deferred Payment Agreements, provided by local councils, enable eligible private payers to use the value of their homes to help pay care home costs.
It offers a more flexible way to pay for care, particularly for people with equity tied up in property who do not have the financial assets available; because it removes the need to sell your home when moving into residential care, and effectively delays the payment of care home fees.
For private payers, sourcing information on council’s DPA scheme is an onerous and complex task. Valuing Care takes care of this for you, and provides advice and guidance on whether this scheme is beneficial according to your own situation.
- Deferred Payment Agreement application service
Let Valuing care help you apply for the DPA scheme today. We will manage the process on your behalf; completing financial assessment forms, calculating a way of preserving your estate, and provide independent financial advice and access to approved letting agents.
What’s more, our DAP application service is FREE to all private payers using one of our approved agents.