Initial price	£217,750
13/03/25	£211,000
Price Change	-3.10%

Through the Home for Life Plan from Homewise, 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 £211,000, which is based on an average saving of 33%. This means that the buyer would only pay £211,000, while the market value of the property is £315,000. The plan allows buyers to purchase up to 50% of the property value to safeguard for the future, and Homewise provides a calculator on their website to give an indication of what buyers could save.