Carlauren Care has considered innovative ways self-funding residents can access luxury care at a reasonable cost and are the first in the South West of England to offer an ownership option to benefit residents and their families.
We offer our residents and prospective residents the opportunity to purchase the care suite of their choice in any of our Care Homes. This represents a valuable option for self-funding Care Home residents who up until now have only had the choice of weekly costs that include room rental.
We want to remove the stress of rental payments which over time can eat into savings or equity released funds. We want to provide the opportunity for later life investment, to protect your legacy for future family inheritance and in so doing reduce the weekly financial impact on a resident owner.
As a Carlauren Care resident owner, you live rent free in luxury care accommodation, whilst retaining an asset of future value, whether sold on the open market, sold back to Carlauren Care under our Carlauren, guaranteed Buy-Back scheme or retained and rented to another resident.
Ownership is on a long term 125-year leasehold basis and, as an owner, weekly charges are significantly reduced (by up to 35%) because you only need to pay for care support, food and service charges.
Of course, there is a cost of buying the care suite either as a cash buyer or with a mortgage, but the key issue is those payments are not lost; they represent an investment into ownership that is an asset for future sale.