Over 60s Saving
Are you 60 or over and searching for the ideal home? At Devonshire Homes we partner with over 60s home specialist Homewise to offer a unique solution, a Home for Life.
Exclusively for ages 60 and over, a Home for Life can enable you to secure your perfect new home for up to 59% less* than the market value and be mortgage free. It is a simple way for you to achieve your new home goals and be free of financial burdens.
You can download an overview guide to Home for Life below.
— Ideal home, perfect location
— Mortgage-free
— Interest-free
— Rent-free
— Inheritance options
— Savings for retirement
— Security for the future
Your budget could be boosted with a Home for Life
If you’re aged 60 years or older, a Home for Life could be the right option for you. Pay thousands less to secure your new home, with help from Homewise. With greater savings versus the full purchase price, your dream home could be within reach!
Security for the future
With a Home for Life, you are fully protected to live in your chosen home, free from ongoing financial burdens and with peace of mind for your retirement years. It’s a bespoke solution, tailored to you. Simply discuss your budget and goals with Homewise, and they will provide a Home for Life quote on your chosen home.
There’s no financial lending with a Home for Life. No mortgage, no rent, no interest to repay. Simply choose your brand-new Devonshire home and pay a one-off amount to Homewise (that’s always thousands less than the advertised sale price) to purchase a “Home for Life Plan” and Homewise buys the property.
A key document within your Home for Life Plan is a “Lifetime Lease” agreement which is registered at Land Registry. So, whilst you don’t own the property itself, you are legally protected to live in your home, happily and securely, for your lifetime.
A significant saving means that you could move to a better property in the perfect location, create savings for the future, pay off a previous mortgage or debts, and gift a guaranteed inheritance for loved ones too if you wish.
Could a Home for Life be the ideal solution for you? Talk to one of our Sales Executives to discuss your options today.
* Savings against the property value range from 8.5% to 59% for freehold properties and depend on the customer’s age, personal circumstances, and property criteria. Only available to those aged sixty years old and over. Homewise terms and conditions apply.