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Plan to force elderly into equity release to pay for care at home
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5corpio started a blog post Plan to force elderly into equity release to pay for care at homePlan to force elderly into equity release to pay for care at home
Pensioners have been warned they may have to remortgage their homes to pay for personal care – even if they don’t go into a residential home. Under plans being considered by ministers, pensioners who need help washing, feeding and clothing themselves would be forced to seek equity release on their homes to pay for the help. The plans were last night branded a ‘smash and grab raid’ on the incomes of the elderly....Read more here---> Plan to force elderly into equity release to pay for care at home | This is MoneyTags: None
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