Initial price	£217,750
05/07/25	£197,750
Price Change	-9.18%

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 £197,750, which is 33% less than the market value of £295,000. 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. The property 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.