Contents
Residential Care Loan : Contents

Introduction

You must not discuss the details of individual client applications or give any indication of whether a loan is likely to be offered. The client or their representative must be referred to a legal executive if they wish to discuss any aspect of the Residential Care Loan scheme.

If a client's assets are assessed as being above the applicable asset threshold because they own the family home, and the client has limited cash assets, they may be eligible for a Residential Care Loan.

Note that loan applicants are not means assessed for income as their assets have been assessed as being above the relevant asset threshold.

For more information see:

Legislation