Initial price	£207,750
04/03/25	£197,750
15/04/25	£191,000
Price Change	-8.06%

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 £191,000, representing a 33% saving on the market value of £285,000. 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. Homewise does not own the property and is marketing it as an example of a property that can be purchased using a Home for Life Lifetime Lease.