Initial price	£281,500
15/10/25	£268,000
Price Change	-4.80%

Through the Home for Life Plan from Homewise, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property value to secure their future. The cost of the Lifetime Lease is typically less than the full market value, with customers saving between 20% to 50%. For this specific property, the Lifetime Lease price is £268,000, which is 33% less than the market value of £400,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and the price will vary depending on age, personal circumstances, and requirements. For an indication of what customers could save, Homewise offers a calculator on their website, and personalized quotes can be obtained by calling them.