Self Funding Care
Help self funders understand their self funding care options; understand care funding jargon and help to guide your self funding care actions.
A Self Funder is usually someone who has assets of over £23,250 in the form of savings, premium bonds, property, business’ etc. As a result, they take full responsibility for the full payment of their own care home costs, whether they receive care in their own home, in a residential home or in a nursing home.
Most self funders are in long term care, and will probably remain in care for the rest of their life.
A self funder is someone who pays for their care costs using their own money.
They are called self funders because they are ultimately funding themselves, rather than the costs being met by the local authorities. Read More
In later life when doing the daily routine becomes a real chore, there are several options that you might choose to help make life a little bit easier. You might choose to remain in your family home whilst receiving regular visits from a Care Worker who will assist you in doing the things that you aren’t able to any more – things like cooking or getting out of bed in the morning. Another option is to move into a home where you will be taken care of on a 24-hour basis. These two are the most popular alternatives to later life living, however what does it mean if you are told you your needs will be self funded?