Initial price	£301,500
08/07/25	£284,750
Price Change	-5.56%

Through the Home for Life Plan from Homewise, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property's 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 £284,750, based on an average saving of 33%, which is £140,250 less than the market value of £425,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and the price paid will vary depending on age, personal circumstances, and requirements.