Initial price	£217,750
01/07/25	£204,250
Price Change	-6.20%

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 £204,250, based on an average saving of 33%. This means that instead of paying the full market value of £305,000, the buyer can purchase a share of the property and safeguard their future. The plan allows customers to purchase up to 50% of the property value, and the price they pay will vary depending on their age, personal circumstances, and requirements.