Initial price	£251,250
06/06/25	£234,500
Price Change	-6.67%

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 safeguard for the 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 £234,500, which is based on an average saving of 33% compared to the market value of £350,000. 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 the individual's age, personal circumstances, and requirements.