Initial price	£96,250
05/10/25	£95,750
Price Change	-0.52%

This top-floor flat in Cowes is being marketed by Homewise 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 share of the property value, up to 50%, to safeguard for the future, with the cost being less than the full market value. The flat itself has a hall, two bedrooms, shower room, lounge, and kitchen, and benefits from allocated parking and a communal garden. The Lifetime Lease price for this property is £96,250, which is a saving of 33% compared to the market value of £145,000. The plan is designed to provide peace of mind for older buyers, allowing them to secure their future and enjoy their property without worrying about the costs of maintenance and repairs.