Self-funding your care
Who is considered a self-funder?
You will be responsible for funding your own care if:
- you have savings and assets above 23,250 (2025/26 threshold)
- you do not meet the eligibility criteria for council-funded care
- you choose to arrange and pay for your care privately
If your financial circumstances change, you may become eligible for council-funded support in the future.
Types of self-funded care
1) Care at home (home care)
You can arrange home care services to help with:
- personal care (for example, washing, dressing, medication support)
- household tasks (for example, cleaning, meal preparation)
- live-in or overnight care
2) Residential and nursing home care
If you require 24-hour care, you may need to move into a residential or nursing home.
- residential care for people who need support with daily activities
- nursing care for people with complex health needs, supported by a qualified nurse
3) Day care and respite services
- day centres offer activities and social interaction
- respite care temporary care for carers who need a break
Paying for your care
Financial planning and independent advice
If you are paying for your own care, it is important to seek financial advice to make the best decisions for your future.
Independent financial advisers (IFAs)
Consider speaking to a specialist later-life financial adviser for guidance on:
- long-term care funding
- equity release schemes
- investment and savings plans
Society of later life advisers (SOLLA)
Find accredited financial advisers for older people:
Moneyhelper
Government-backed financial advice.
NHS Continuing Healthcare
Some people with long-term complex health needs may be eligible for NHS Continuing Healthcare, which covers the full cost of care.
Benefits and financial support
Even if you are self-funding, you may be entitled to financial help, such as:
- attendance allowance
- personal independence payment (pip)
- council tax reduction
Use the gov.uk benefits calculator to check what you can claim.
What happens if your savings drop below the threshold?
If your savings fall below 23,250, you may become eligible for council-funded care.
Apply for a financial assessment
If you think you will need Council support within the next 6 months, contact us as soon as possible to request a financial assessment:
- Gateway team: 020 8314 7777
- email: gateway@lewisham.gov.uk
Learn more about applying for Council-funded care.
Choosing a care provider
Check the Care Quality Commission (CQC) ratings
Before choosing a care provider, check their latest CQC inspection report.
Ask the right questions
When selecting a care provider, consider:
- what services are included in the fee?
- are there any hidden costs?
- can care be adjusted as needs change?
Need more support?
If you have questions about self-funding your care, contact the Gateway team, who will direct your enquiry to the appropriate service:
- Gateway team: 02083147777
- email: gateway@lewisham.gov.uk