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4 bedroom detached house for sale
Holly Close, Sutton Coldfield, B76 2PD
£298,250
Holly Close, Sutton Coldfield, B76 2PD
£298,250
Price History
Initial price | £308,250 |
24/10/24 | £298,250 |
Price Change | -3.24% |
Description
The Home for Life Plan from Homewise allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, safeguarding their future. The cost of the Lifetime Lease is always less than the full market value, with typical savings ranging from 20% to 50%. For this specific property, the Lifetime Lease price is £298,250, representing a 33% saving off the market value of £445,000. The plan allows customers to purchase up to 50% of the property value, and the price will vary depending on age, personal circumstances, and requirements. The property is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, and is not exclusively for sale to the over-60s.