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3 bedroom detached house for sale
School Lane, St Erth, Hayle, Cornwall, TR27
£217,750
School Lane, St Erth, Hayle, Cornwall, TR27
£217,750
Price History
Initial price | £234,500 |
30/01/25 | £227,750 |
21/03/25 | £217,750 |
Price Change | -7.14% |
Description
Through Homewise's Home for Life Plan, 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 typical savings ranging from 20% to 50%. For this specific property, the Lifetime Lease price is £217,750, which represents a 33% saving on the market value of £325,000. The plan allows customers to purchase up to 50% of the property's value to safeguard for the future, and the price paid will vary depending on the individual's age, 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.