Monday 7 November 2011

Remortgage to pay for your care... even in your own home, pensioners warned | Mail Online

Remortgage to pay for your care... even in your own home, pensioners warned | Mail Online

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.

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