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Elderly parents

Renting out the house ?

27 replies

Violety · 27/04/2025 14:30

Hello, has anyone been in this scenario? Dad's in care paying his (eye watering) fees . We're thinking of renting out his house to help pay for the care instead of selling. The trouble is it's old fashioned and in dire need of decoration and a new kitchen. If we were to do the work using his money and rent it out , would the council say doing work on his house was deliberate deprivation of funds? It's all very confusing.

Thank you

OP posts:
Florabella · 27/04/2025 14:49

We did exactly this with my mother’s house. We did it up using her money and then rented it out to pay toward her care home. With the rent and her savings she didn’t run out of money before the died, so no issue about deprivation of assets, but I can’t see how there would be anyway. The money spent makes the house more valuable if it comes to a stage where you still have to sell it to cover fees

OldJohn · 27/04/2025 14:42

I can't answer your question but I would suggest getting one or two local letting agents to see the house and tell you what rent they would achieve for it as it is and also if it was renovated. That would give you an idea of what is worth doing.