Common Contracts
1 similar Payment Agreement contracts
Deferred Payment AgreementPayment Agreement • April 13th, 2015
A Deferred Payment Agreement is an arrangement with the council that will enable you to use the value of your home to help pay care home costs. If you are eligible we will help to pay your care home bills on your behalf. You can delay in repaying us until you choose to sell your home, or until after your death. It is designed to help you if you have been assessed as having to pay the full cost of your residential care – but cannot afford to pay the full weekly charge because most of your capital is tied up in your home.
