Care home fees are on the rise as local authority budget cuts begin to bite in the social care sector.

A report today says thousands more pensioners may have to sell their family homes to afford inflation-busting increases in residential care fees.

Wales has seen one of the lowest increases in fees – research has found there has been a 1.94% rise in residential care home fees and an 8.2% rise in nursing care fees in Wales since 2010.

Average fees are on the rise across the whole of the UK as councils are forced to deal with cuts. In many cases they are slashing the amount they are prepared to pay for poorer residents to live in care homes.

For more on this story see http://www.thisismoney.co.uk/money/pensions/article-2107029/Soaring-care-fees-force-thousands-pensioners-sell-homes.html