Funding care for older people has received a lot of media coverage in recent years, with more people needing care, but not enough Government funding to provide the care we would want for our loved ones. Thinking about how to pay for homecare can feel daunting, but you don’t have to figure it out on your own. Sadly, there is not enough money in the Government care funding pot, and most people will need to pay for some of the care they want. At Caring Hands, we’ll always be clear about costs and give you information to guide you through the options available.

When you first get in touch, we can give you information about receiving care and give you an idea of what your care will cost. If you’d like to take things further, we’ll visit you at home to create a tailored care plan and talk through any funding or benefits you may be entitled to.

Understanding Homecare Costs

The cost of homecare varies depending on:

  • The type and level of support required
  • How often care visits are needed

Services may include personal care, household support, medication management, companionship, and more – all tailored to your individual needs.

Funding Options Available

There are several ways to fund care at home:

Local Authority Funding

Your local council may help with care costs if you meet certain criteria. They’ll carry out:

  • A care needs assessment – to see what care you need.
  • A financial assessment – to work out how much you may need to contribute.

If you qualify, you can choose for the council to arrange your care or receive direct payments to arrange your own care.

Financial assessment thresholds (as of February 2025):

  • Over £23,250 in savings – you will usually pay the full cost of your care.
  • Between £14,250 and £23,250 in savings – you may need to contribute from your savings and income.
  • Under £14,250 in savings – the local authority will calculate contributions based on your income only.

If you are a resident of Hampshire County Council, please contact them to request a care and/or financial needs assessment.

NHS Continuing Healthcare

If you have complex or long-term health care needs, you may be eligible for free homecare fully funded by the NHS. They will assess you on your healthcare needs, rather than just social care needs.

Self-Funding

If you don’t qualify for funding, for example you have more than £23,250 in assessable savings, or prefer to arrange your own support, you can pay privately. This gives you more flexibility to choose the exact care and support you want, when you want it.

Combining Different Types of Funding

Some people may be eligible for a mix of council funding, NHS support, and self-funding for additional care. We can help you understand your options and organise the best plan for your situation.

Changes to your Financial Situation after your Care Package Begins

Let your local council know of any financial changes. They can reassess and adjust any contributions you need to make toward your care.

Helping You Through the Process

Arranging care can feel complicated, but these steps make it easier:

Assess Eligibility

  • Arrange a care needs and financial assessment with your local authority.
  • Seek advice from professionals such as social workers, financial advisors, or healthcare specialists.

Financial Planning

  • Review savings, pensions, benefits, and investments.
  • Consider long-term care planning, especially if you are self-funding.

Seek Professional Advice

  • Expert guidance in eldercare, finance, or legal matters can help you make informed decisions and feel confident in your funding choices.

Our Commitment

Our team is here to guide you through your options, explain costs clearly, and signpost you to the right funding support. By exploring the different options available – whether through local authority support, NHS funding, or self-funding – you can be confident in securing the right care at home that supports both your independence and quality of life, helping you to remain in your own home safely and longer.

Frequently Asked Questions

What support is available if I am self-funding my care?

Even if you pay for your care yourself, we can help you plan and choose the right services for you. Funding your own care gives you more flexibility on the care company you would like to have, the care and support you would like and when you want it.

Can I choose my own care provider if I receive council funding?

Yes. If you get funding through direct payments, you can choose a provider like Caring Hands and decide on the type of care, the schedule, and the carers you prefer.

What are direct payments?

Direct payments are money from the council to pay for your care. They give you the flexibility to choose your care provider and organise care that suits your needs.

What is involved in a Council financial assessment?

A financial assessment checks your income, savings, and certain assets to see if you are eligible for council funding or how much you may need to contribute.

How do I know if I might be eligible for NHS Continuing Healthcare?

Eligibility is based on your medical needs, not finances. You can ask your GP, hospital team, or local NHS Continuing Healthcare team for an assessment.

Will I have to sell my property to pay for my homecare?

No, you do not have to sell your home to pay for homecare. Unlike residential care, the value of your home is not included in financial assessments for care provided in your own home. If you are concerned about care costs, seeking advice from a financial advisor or your local council can help you understand your options.