Hi folks,
Great info on this site RE fair deal, but not found the answer to a specific question we have.
Father in law has recently gone into a nursing home under fair deal. Son lives in the father in law's PPR (for his whole life) and is paying the balance of the 7.5% fair deal contribution. They did not avail of the nursing home loan. Can the son renovate and improve the PPR, or would this require a financial reassessment and potentially increase the financial contribution?
If so, would this still be the case after 3 years once the PPR is no longer part of the financial assessment?
Any advice appreciated.
Great info on this site RE fair deal, but not found the answer to a specific question we have.
Father in law has recently gone into a nursing home under fair deal. Son lives in the father in law's PPR (for his whole life) and is paying the balance of the 7.5% fair deal contribution. They did not avail of the nursing home loan. Can the son renovate and improve the PPR, or would this require a financial reassessment and potentially increase the financial contribution?
If so, would this still be the case after 3 years once the PPR is no longer part of the financial assessment?
Any advice appreciated.