Initial price	£217,750
08/05/25	£184,250
Price Change	-15.38%

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 typical savings ranging from 20% to 50%. For this specific property, the Lifetime Lease price is £184,250, which is 33% less than the market value of £275,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and the price paid will vary depending on age, personal circumstances, and requirements. For a personalized quote, individuals can use Homewise's calculator or contact them directly.