Initial price	£167,500
24/10/25	£160,750
Price Change	-4.03%

Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property value to secure their future. The cost of the Lifetime Lease is always less than the full market value, with customers typically saving between 20% to 50%. For this specific property, the Lifetime Lease price is £160,750, which is based on an average saving of 33%. The price paid will vary depending on the individual's age, circumstances, and requirements, and can include a share of the property value up to 50% to safeguard for the future. The property, priced at £240,000, is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease, and is not exclusively for sale to over-60s.