Issue - decisions

Deferred Payment Agreement

17/02/2015 - Care and Support Deferred Payments Scheme

Cabinet resolved to:

 

(i)  Note the introduction of national eligibility criteria for Deferred Payment Schemes to be introduced by all Councils;

 

(ii)  Agree the Care and Support Deferred Payment Scheme policy as set out in Appendix 1 to the report;

 

(iii)  Agree that the Council shall apply the nationally-set maximum interest rate;

 

(iv)  Agree that the Council shall apply a one-off set up administration fee of £500 and subsequent administration charges as incurred;

 

(v)  Agree the use of online property sites and local newspapers, in the first instance, for determining whether there would be sufficient equity to be eligible for the scheme.