Question to the Department of Health and Social Care:
To ask Her Majesty's Government what further steps they will take to ensure that pensioners' homes will not be sold to fund social care costs.
The new £86,000 cap, in combination with the new higher capital limits, will mean that more people will be able to preserve more of their assets if they need care. The value of a person’s home is taken into consideration when determining how much they should pay for social care when they enter residential care and where a spouse or other eligible adult is no longer living in their home.
No-one will be forced to sell their home to pay for their care in their lifetime. Where people do need to access housing wealth to pay for care, individuals are able to take out a deferred agreement so that payments can be deducted from their estate after their care journey has ended.