APPENDIX 2 - Deferred Payment Agreement (Loan style)

In this section

1. 1
   Introduction
2. 2
   Transition to Care Act requirements
3. 3
   Definitions
4. 4
   Information and advice about deferred payment agreements
5. 5
   Mental capacity
6. 6
   Eligibility criteria
7. 7
   Adequate security
8. 8
   Unregistered property
9. 9
   Requirements for valuation of the secured property
10. 10
    Maintenance, insurance and use of secured property
11. 11
    Amount that can be deferred
12. 12
    Equity limit
13. 13
    Applications for a deferred payment agreement
14. 14
    Refusing a request for a deferred payment agreement
15. 15
    Financial assessment

1. 16
   The deferred payment agreement
2. 17
   Registering the charge over the secured property
3. 18
   Payment of care costs
4. 19
   When deferral of further care costs must or may cease
5. 20
   Charging interest on deferred amounts
6. 21
   Administrative fees and charges
7. 22
   Provision of regular financial statements
8. 23
   Terminating a deferred payment agreement
9. 24
   Debt recovery
10. 25
    Dissatisfaction and complaints
11. 26
    Review
12. 27
    APPENDIX 1 - Deferred Payment Agreement (Traditional)
13. 28
    APPENDIX 2 - Deferred Payment Agreement (Loan style)
14. 29
    Policy details