Home For Life Plan

The home for life plan is a form of lifetime lease offered by the homewise company you pay a one off fee to live in a property of your choice with no rent repayments or interest for the rest of your lifetime.

Home for life plan. It takes an entire community of people willing to help in a variety of ways in order to make sure every person has a safe stable place they can call home. The home for life plan is a lifetime lease which enables you to save on the cost of your next home. Home for life homes offer large pantries and closets on all floors providing ample storage space to woo potential buyers.

No steps and wide front doors can be used as a sales tool as well demonstrating that moving furniture or other large items in and out of the home is a breeze. In short homewise s home for life plan is where you ll make a single one off payment which could be up to 59 less than the asking price of the property to purchase a lifetime lease that enables you to live in your new home without any rent mortgage or interest repayments for your lifetime. With the home for life plan you will.

Homes for life will hold its 22nd and first virtual agm on wednesday 16th september 2020 via zoom. There are a number of ways to help and by giving to homes for life foundation you give back to your community friends and neighbors. You can protect and safeguard up to 50 of the property s future value under the home for life plan giving you the option to guarantee an inheritance for loved ones.

Homewise has been around for 40 years but in 2008 it launched the home for life plan giving those aged over 60 the chance to purchase their next home with a significant discount from the full market price. Home for life aims to keep distressed mortgage holders in their current homes mortgage debt free. We had a great turnout from tenants and other agencies for last years agm but unfortunately covid restrictions prevent this being a physical meeting this year.

These are homeowners who are at most acute risk of losing their homes through loan sales or court processes as mtr is focussed on homeowners who are unable and are unlikely to be able to make their mortgage payments.