My father has vascular dementia and has started falling more (2 A and E visits in 10 days). We have spoken to him about his choices - he has literally been allocated Attendance Allowance just this week. He wants to live with us for a month and see how he feels and this gives us more time to discuss it.
We have one large bedroom we can add a bathroom too. Complete refurbishment to add this and make it suitable as a personal bolthole is likely to be around £15k. We will happily pay this and we think we should.
But Dad wants to pay his way. Would it be acceptable for him to pay us a rent a room rate of, say, £500 a month?
He has capacity to decide his own finances but we do now share such information with my brother (my only sibling), so everything is above board. Should it be necessary we are both attorneys but it's not at the moment. My worry is should he need care they will query the payments although this won't be from savings, it'll be paid from his pension income. He will also, with the house, have 7 years fees covered