Are you considering an application to the Fair Deal Scheme or perhaps you have already applied and have decided to sell your property? Our team of estate agents can provide you with the valuation you need for the Fair Deal Scheme as well as a full estate agency service if you have decided to sell.
Applicants to the Fair Deal Scheme undergo a financial assessment to determine how much they must contribute to the cost of their care. The greater the income and assets, the greater the contribution. The three year cap affords special status to principal residences, farms and businesses. If sold, the net proceeds are counted for a period of three years, after which they are excluded from the calculation. The below Fair Deal Scheme Calculator should give you a good indication as to how much you are likely to have to contribute to the cost of your care.
Important: this is for guidance purposes only and expert advice should be sought in relation to your specific circumstances.