What is the Nursing Home Loan Scheme

If you are not able to pay the contribution based on your property assets you can avail of the option of the Nursing Home Loan, also called Ancillary State Support. This loan allows you to defer the annual payment of 7.5% on the property assets or 3.75% if part of a couple. The amount is loaned by the HSE by paying the property asset contribution on your behalf. The loaned amount is repayable 12 months after death of the applicant and their partner or after the sale of all or part of your asset.