Initial price	£116,000
03/09/25	£115,500
Price Change	-0.43%

This property, a terraced house near Carisbrooke, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. This plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the option to safeguard up to 50% of the property for the future. The cost of the Lifetime Lease is always less than the full market value, with customers typically saving between 20% to 50%. The property itself is a good size, with a lounge that opens onto a private enclosed garden, and has allocated parking. The Home for Life Plan is a flexible and affordable way for over-60s to secure their future and safeguard their property, with the option to purchase a share of the property value at a discounted price.