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Candidates frequently struggle to use their property as collateral for the Fair Deal - Nursing Home Support Scheme cost of care, especially when a loved one is living in the house. The Nursing Home Loan Scheme buys families some time to arrange other means while the homeowner starts receiving nursing home care. The loan works by mortgaging the asset to the HSE, who pays the money to the nursing home on the candidate's behalf. And later HSE collects the loaned amount after the lifetime of the candidate, by selling the asset entirely or partially, whichever is applicable. If you are met with a complicated phase concerning the loan scheme, then seek guidance from Fair Deal Advice, which is an independent advisory led by Fair Deal Scheme specialist Tom Murray and his associates, to educate and assist candidates about the best steps to take, how their choices realistically operate and whether they can prevent the sale of the property, and everything else concerning succession.
Visit: https://fairdealadvice.ie
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