Initial price	£93,750
03/08/24	£87,000
07/08/25	£83,750
Price Change	-10.67%

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 £83,750, which is 33% of the market value of £125,000. The plan allows customers to purchase up to 50% of the property value, and the price paid will vary depending on age, personal circumstances, and requirements. 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 the Home for Life Lifetime Lease.