Relocating, upgrading or downsizing to another property
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Downsizing to a smaller property has many potential benefits. You may wish to downsize because your circumstances or needs have changed, to free up cash or simply to reduce the upkeep and maintenance of your home. On the other hand, you may be looking to move closer to friends and family or somewhere more appealing.
A common mistake when downsizing is to over-estimate the amount of equity in your current home. If you're planning to move to a house with half the amount of bedrooms, it won't be half the price. Particularly when you take into account the cost of moving.
With the Homewise Lifetime Lease you maintain all the benefits of downsizing and you end up with a lot more money in your pocket. By taking advantage of the Lifetime Lease you pay much less to move into your new home. This means you have the opportunity to free up more cash than by downsizing alone. You may also find you don't have to compromise on your choice of property.
Benefits of downsizing using the Homewise Lifetime Lease:
- Downsize to somewhere smaller and more manageable
- Free up more money
- Live where you want to live
- Move to your ideal location
The Homewise Lifetime Lease guarantees you a lifetime's enjoyment of your new property. You can choose from almost any property on the open market nationwide.

