Residential care homes
Like with home care, you first need to be assessed to find out whether you are entitled to financial support. The processes and thresholds vary depending on which part of the UK live in. If you are eligible for authority funding (state funding), your pensions or other benefits will be used to help pay for your care in a residential home. Should you wish to choose a different or more expensive residential home, authority funding may be used for part of the cost and the additional cost would need to be topped up by a family member or charity as you, the resident, is not allowed to top it up yourself.
Self-funding is also an option. You may be entitled to several allowances to help you or another option could be to sell your home to invest the money or buy a care fee annuity.