Don’t sell the family home.
Let it pay for the care.
A UK-wide service for homeowning families who want to fund a parent’s care without losing the family home. We grant a long lease on the home. We pay the agreed care cost. The home’s rent and rental income offset what we pay. Your family inherits the home when the time comes.
Office hours: Monday–Friday, 9am–5pm. Or request a callback.
“It removed a huge amount of worry at what was already a difficult and emotional time.”
A family supported through CHIP
Jeremy Nixey, founder of Shaw Healthcare
My Respite Care, registered charity no. 1152941
Independent solicitor required for every Plan
A free, ten-minute conversation. No commitment.
Lease the home. Fund the care. Keep the inheritance.
Four steps. No paperwork until you’ve spoken to a solicitor of your choice. No commitment until you’re certain.
You grant a lease
You grant My Lifetime Care a long lease on the family home. Your solicitor acts for you; our solicitor acts for us.
We fund the care
We pay the agreed monthly care costs (at home or in a care home of your family’s choice) for as long as they are needed.
The home earns
The home is let to tenants. The rental income and the property’s growth in value recoup what we’ve paid out over time.
The family inherits
The home passes to your family when the time comes, preserved. The care has been paid for; the inheritance is intact.
The Care and Home Inheritance Plan — in under a minute.
Sometimes it’s easier to watch. This short film tells the story of what the Plan is, who it’s for, and how it works.
Most families face a binary choice. There’s a third way.
When a parent’s care becomes unaffordable from pension and savings alone, the standard UK options force a difficult decision. The Care and Home Inheritance Plan was built for the families who don’t want to be forced.
The standard route
- The council’s means test includes the home’s value once residential care is needed.
- Families often sell the home to pay fees, losing the inheritance entirely.
- Equity release borrows against the home but the family still loses a significant share to interest over time, and is not available where the homeowner is in a care home.
- Deferred Payment Agreements accrue interest, leave an empty home to maintain, and are not available to fund care in your own home.
The Care and Home Inheritance Plan
- The home is not sold. The family inherits it at the end, preserved.
- We fund the care costs monthly, for life if needed, regardless of how long care is required.
- The home is occupied: let to tenants, professionally managed, not left empty.
- Your independent solicitor reviews everything. You are in control throughout.
“It removed a huge amount of worry at what was already a difficult and emotional time — we could focus on supporting Mum rather than constantly stressing about finances and how everything would work.”
A family supported through CHIP
A structural comparison with the alternatives.
A factual comparison of structural features. Every option has trade-offs; this shows how they differ on the outcomes families most often care about.
| Key feature | CHIP | Sell the home | Equity release | Deferred payment agreement |
|---|---|---|---|---|
| Beneficiaries inherit the home on death of home owner | ✓ Yes | – No | – No | – No |
| Home renovated before letting | ✓ Yes | – No | – No | – No |
| Maximum value of funds released for care | 75% of house value | 95% of house value | Approx. 30% of house value | 95% of house value |
| Cash released can fund care at home or in a care home | ✓ Yes | ✓ Yes | Care at home only | Care home only |
| Home insured, let, managed and void costs covered by | My Lifetime Care | – No | Home owner | Home owner |
| Home owner advised by own solicitor | ✓ Yes | ✓ Yes | ✓ Yes | – No |
| All care costs repaid to beneficiaries’ estate | ✓ Yes | – No | – No | – No |
| Time taken to complete contract | 4–6 weeks | 14–24 weeks | 6–12 weeks | 8–12 weeks |
This comparison is informational and does not constitute financial advice. CHIP is not an FCA-regulated product. Equity release and deferred payment agreements are regulated under their respective frameworks.
CHIP suits some families and not others. Here’s who it’s built for.
CHIP works whether your parent needs care at home or in a care home. We are honest about who the Plan fits. If your situation doesn’t match the scenarios below, it probably isn’t the right path, and we’ll tell you so.
A parent facing a sudden care decision
Hospital is pushing for a discharge and the family is suddenly choosing between a care home and intensive care at home, with no plan for how to fund either. CHIP works for both outcomes. The Plan was built for exactly this moment.
Planning a long care journey
Dementia care often spans years. Short-term loans and one-off decisions struggle at that timescale. The Plan’s structure, designed to fund care for life if needed, fits where other options run out.
Thinking about your own parents
Not in a crisis yet, but thinking about when the time comes. Understanding the options now, before a hospital discharge forces a decision, is how families stay in control of the choice.
Jeremy Nixey.
Founder of Shaw Healthcare. Now of My Lifetime Care.
Jeremy spent his career in UK care, building Shaw Healthcare into the country’s largest staff-owned care company. He founded My Lifetime Care to address a problem he saw repeatedly: families forced to sell the home to pay for the care they’d arranged, with the inheritance going to care fees that could have been met another way.
My Lifetime Care is owned by the registered charity My Respite Care (no. 1152941). The company’s governance and legal structure are designed to put the family’s interests first, backed by mandatory independent legal advice on every Plan.
“I kept meeting families who’d been told there was no other way. I knew there could be. The Plan was built to give them the choice.” Jeremy Nixey, Founder
Lived in. Looked after. Passed on.
Use the Care Calculator.
A two-minute tool that gives you a sense of what care could cost and how the Plan would work against those costs. No obligation, your details stay private, you decide what to do next.
Questions families often ask before they call.
The short answers here are a starting point. If your family’s situation raises others, a ten-minute phone call is the fastest way to sort through them.
Is the Care and Home Inheritance Plan an FCA-regulated product?
No. The Plan is structured as a long lease, not a regulated financial product. This structure has been designed and legally reviewed so that it sits outside the FCA’s regulatory perimeter. Independent legal advice is a mandatory part of every Plan, and your solicitor protects your interests throughout.
Do we have to sell the family home to pay for care?
Not necessarily, and that is exactly the question the Care and Home Inheritance Plan was built to answer. The Plan offers a different route: a long lease is granted on the home to My Lifetime Care, which then funds the agreed care costs for life. The rental income and growth in the property’s value offset what the Plan has paid. The home is not sold; it remains with the family and passes to your beneficiaries at the end.
Does my parent have to move out of the home?
It depends on the care needed. If care is arranged at home, your parent continues to live in their own home for as long as that works for them. If residential or nursing care is needed, your parent moves to the care setting you choose, and the home is let to tenants; the rental income and property growth offset the care costs.
What happens if my parent lives longer than expected?
The Plan is designed to fund the care for as long as it’s needed. There is no time limit and no cap on length of care. This is one of the Plan’s structural differences from short-term borrowing or fixed-value arrangements.
The home held for family, not sold for fees.
Care funded. Inheritance preserved. The family home stays in the family.
See the numbers for your familyThree ways to get in touch. Whichever feels right.
However you’d like to start, we’ll listen first. No pressure.
