Initial price	£215,000
01/08/25	£198,500
Price Change	-7.67%

This property, a beautiful terraced house in a quiet courtyard, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is being sold with no onward chain and is ideal for first-time buyers and investors alike. For those aged 60 or over, Homewise offers a Home for Life Plan, which allows customers to purchase a Lifetime Lease and a share of the property value, typically saving between 20% to 50% of the full market value. The cost of the Lifetime Lease is always less than the full market value, and the plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future. The market value of the property is £300,000, but with the Home for Life Plan, the price would be £198,500, based on an average saving of 33%.