Social care  

Two thirds of homeowners worried about cost of care

Paul Burstow, former minister for care and chairman of the Social Care Institute for Excellence, said: “These figures reflect a long term trend that has been accelerated by the pandemic.

"People seldom choose to go into a care home -- it is seen as a last resort. Looking ahead, the government must take steps to make it easier for people to take steps that prevent and postpone the need for care and give them peace of mind about the costs when they do.

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“The lack of choice of housing options in later life is an obstacle to people right sizing their home, investment in a spectrum of housing with care could turn a last resort in to a positive choice.”

Dom Webb is an intern working with Financial Adviser