Initial price	£211,500
02/04/25	£198,500
12/04/25	£198,000
Price Change	-6.38%

This property, a first-floor apartment in Sutton, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property has been renovated in recent years and is ready to move into, with a garage for additional storage and communal gardens. The seller is in the process of extending the lease to 99 years. The Home For Life Plan allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost to purchase the Lifetime Lease always being less than the full market value. For example, for this property, the Lifetime Lease price would be £198,000, based on an average saving of 33%, compared to the market value price of £300,000.