Initial price	£268,000
19/08/25	£251,250
Price Change	-6.25%

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 typically lower than the full market value, with customers saving between 20% to 50%. For this specific property, the Lifetime Lease price is £251,250, based on an average saving of 33%. This means that the market value price of £375,000 is reduced to £251,250, with the remaining value safeguarded for the future. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease.