[PDF] Funding social care : the role of deferred payment agreements

Publication date:
01 March 2017


Today’s report Funding social care: the role of deferred payment agreements explores whether housing assets could be better used to fund residential care.

Since the Care Act 2014, local authorities in England have been required to offer deferred payment agreements (DPAs) to self-funders of residential care with less than £23,250 in savings. Under a DPA, local authorities defer care costs in exchange for a claim on the participant’s housing equity.

While the Department of Health had high hopes for DPAs, uptake since the Care Act has been disappointing. Data from NHS Digital suggests just 3,600 took out an agreement in 2015-16, compared to the Department’s projection of 12,300.