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4 bedroom detached house for sale
Western Lea, Crediton, Devon
£318,250
Western Lea, Crediton, Devon
£318,250
Price History
Initial price | £331,750 |
31/07/25 | £318,250 |
Price Change | -4.07% |
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, securing their future with a guaranteed rental income. 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 £318,250, which is based on an average saving of 33%. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.