Holly Mckay
Holly MackayFounder and CEO
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    Home • Articles • Care home fees – The basic facts

    Care home fees – The basic facts

    11 July, 2017

    How-Tos and Don't-Dos

    Care home fees: How much are they and can you get financial support?

    Helping people move is stressful at the best of times, and when the person in question is elderly and they are leaving their treasured family home to go into a care home, that move is even more stressful. Then there's the question of the fees... Here we give you information about the costs to expect and how to get support.

    Care home fees at a glance… what’s the damage?

    How much are care home fees? On average, a resident in a UK care home pays £704 a week. In a nursing home, it’s more like £888, but the price can vary quite a bit. Where you live, what you own, how much hands-on care you need and which care home provider you choose all play a part.

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    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
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