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, safeguarding their future. The cost to purchase 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 £114,000, representing a 33% saving on the market value of £170,000. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future. 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.