Initial price	£145,500
02/06/25	£145,000
Price Change	-0.34%

This property, a beautifully presented flat with river views and residents' parking, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease scheme. The scheme is designed for those aged 60 or over, allowing them to secure a property with a lifetime lease and a share of the property value, typically saving between 20% to 50% of the full market value. The cost of the lifetime lease for this property is £145,000, based on an average saving of 33%, which is significantly less than the full market value of £220,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and an online calculator is available to provide an indication of the potential savings.