Initial price	£198,500
27/10/24	£198,000
Price Change	-0.25%

This property is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The plan allows buyers to secure a property with a lifetime lease, paying a price that is typically 20-50% less than the full market value. For this property, the Lifetime Lease price is £198,000, based on an average saving of 33%. The property itself is a well-presented apartment with a balcony, bathroom, and en-suite to the master bedroom, as well as allocated parking. It's located close to Barking underground station, making it ideal for commuters. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future.