Initial price	£177,500
21/11/24	£167,500
Price Change	-5.63%

Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property's value, safeguarding their future. The cost of the Lifetime Lease is always less than the full market value, with customers typically saving between 20% to 50%. For this specific property, the Lifetime Lease price is £167,500, representing a 33% saving on the market value of £250,000. The plan allows customers to purchase up to 50% of the property's value to safeguard for the future, and customers can use Homewise's calculator to estimate their potential savings. Homewise does not own the property and it is not exclusively for sale to over-60s, but it is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease.