The majority of people in Britain seriously underestimate how expensive care fees are; and few are seeking advice on how to meet them.
With the price of nursing and care home fees becoming less and less affordable,We found that most of the over-fifties thought care fees would be less than £30,000 a year; with a third saying they believed that the costs would be under £25,000. In 2017, the average care home costs £36,000 a year, with many homes in the South costing close to £50,000. “The average cost is more expensive than most people think; but this figure itself can be misleading.
“If you live in the South East and are looking for a decent nursing home then it is likely you will be paying more than £50,000 a year
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