Initial price	£129,000
05/11/24	£128,500
Price Change	-0.39%

This property, a first-floor flat with lovely views of Bursted Woods, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure the property with a lifetime lease and a share of the property value, saving between 20% to 50% of the market value. For this property, the lifetime lease price is £128,500, based on an average saving of 33%. The market value of the property is £195,000, and the plan allows customers to purchase up to 50% of the property value to safeguard for the future.