You may be entitled to a deferred payment contract if you are considered by us to be the paying payment for your housing or care care, but you are not able to pay the full weekly costs, since your capital is committed to your property. We will then pay the difference between your weekly contribution and the actual cost of your care in a residential or care home. This amount we paid becomes a deferred payment. In Scotland, there is no interest charge as long as you have the deferred payment contract. Interest is only collected if the contract is terminated by the person or from 56 days after death. Interest should then be collected at a “reasonable rate” set by the local authority. The deferred payment contract is in all respects a loan contract, because as soon as the payments are deferred, the person is responsible for the local authority and interest is on the money owed. As such, the agreement must clearly define all the conditions and information necessary to enable the person to determine his or her rights and obligations under the contract before it is concluded. These include: if you feel that a deferred payment has been wrongly denied to you, ask the local authority for clarification on the reasons and, if so, make a formal complaint. The current fee for dpa fees is listed on the adult social assistance and fees page. For example, if you live in England and your home is worth $100,000, you can borrow up to $75,750 under a deferred payment contract with your local authority. Payments can only be deferred for costs charged by the care and support provider for the services provided. If the person lives in a care home, this probably includes accommodation costs, but if the person lives in assisted housing and pays rent to a landlord (who may or may not be the caregiver), these rents cannot be deferred.

In accordance with the 2014 Payment and Payment Services Regulations, there are clear eligibility criteria for determining whether a person is entitled to a deferred payment. If a person meets the criteria, a deferred payment must be offered by the local authority. If you would like to request a deferred payment, please contact staffordshire Cares to receive an application form. Before entering into a deferred payment agreement, we will inform you of when interest rates are currently set and when interest rates should change. The local authority has the right to add administrative and interest charges to the deferred payment contract. This includes the legal fees she pays to arrange fees with the land registry, photocopying or printing fees and the time it takes to contract, although she cannot earn money with it. Under the Care Act, local authorities may charge administrative fees for the organization and implementation of the deferred payment contract and interest on accrued debt securities.