Initial price	£251,250
01/09/24	£234,500
Price Change	-6.67%

Homewise offers a Home for Life Plan, allowing individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is always less than the full market value, with potential savings ranging from 20% to 50%. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. For example, for this particular property, the Lifetime Lease price is £234,500, based on an average saving of 33%, with a market value price of £350,000. The property is a top-floor apartment with one and two bedrooms, currently under construction, featuring an open-plan layout, private balcony, and allocated off-street parking. 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.