The Home for Life Plan is an alternative option to having a mortgage in retirement. It offers a simple way for you to live mortgage-free in your new home, with a Lifetime Lease.
how we can help
The Home for Life Plan is a Lifetime Lease option which enables us to help hundreds of people find their dream home every year. By choosing this alternative to a mortgage in retirement, we could help you:
- Move to a better area
- Live in a nicer or more suitable home
- Free up money for your retirement
- Clear mortgages, loans or other debts
- Pay off an interest only mortgage
A retirement mortgage isn't your only option when searching for your new home. A Lifetime Lease provides a key step forward to securing your future and could be the perfect solution for your needs.
Customer stories
how it works
The Home for Life Plan is an alternative to having a mortgage in retirement. You pay a one-off discounted price to live in a property of your choice, without any rent, retirement mortgage or interest repayments, for your lifetime.
By choosing a Lifetime Lease option you will:
- Live rent, interest and mortgage-free
- Be legally protected and have the right to live in the property for your lifetime
- Have the option to protect and safeguard up to 50% of the property’s future value for an inheritance
When you pass away or move into care, some or all of the property’s value will return to Homewise or our investment partners, how much depends on how you choose to set up your Home for Life Plan.
Read our FAQs
how to apply
Want to find out how this alternative to a retirement mortgage could work for you? Get in touch with us in one of the following ways:
Call us on
0800 043 4488
Or
Make an enquiry
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Step by step how we work
Here's what you can expect from the moment you get in touch with us
Step 1 of 5
Your personalised quotation
Every Home for Life Plan is completely bespoke, so the first thing we’ll do is to work out your personal discount level. This is based on a range of factors including your personal circumstances, property criteria and how much of the property’s value you’d like to safeguard for the future. A quick chat with our friendly team will tell you exactly what your discount could be.
Step by step how we work
Here's what you can expect from the moment you get in touch with us
Step 2 of 5
Build your Home for Life Plan
One of our expert Senior Consultants will help you build your bespoke Home for Life Plan. They’ll work out how best we can help you achieve your goals during a Home Visit, so you can get the answers to your questions in person. Feel free to invite your family and friends to this. By this point, we’ll have a clear idea of your goals and a plan for how we can help you get there.
Step by step how we work
Here's what you can expect from the moment you get in touch with us
Step 3 of 5
Finding and buying your new home
You’ll get your own dedicated Property Consultant and Sales Progression expert to support you through your entire move, from finding properties that meet your criteria to negotiating on your new home. We have decades of experience helping people move home, so we’ll do everything we can to make your move stress-free.
Step by step how we work
Here's what you can expect from the moment you get in touch with us
Step 4 of 5
Making sure it's right for you
If you’ve found your perfect next home and would like to move forward with the Home for Life Plan, you’ll need to have an independent solicitor to advise you. They’ll go through the detail of the plan with you and sign a certificate to confirm this. We won’t move forward without this.
Step by step how we work
Here's what you can expect from the moment you get in touch with us
Step 5 of 5
Enjoying your new home
Your Home for Life Plan will be registered at Land Registry whilst your safeguarded percentage of the property’s value will be protected in a legal document called a Declaration of Trust. All of this means you can sit back, relax and rest assured that you have a home for life.
Meet David
“I was so concerned about calling but I'm so glad I did, cause it's really solved a problem.”
David changed his life the minute he picked up the phone to us. To find out how you can do the same, just call us on
0800 043 4488
We are rated 4.7 out of 5 stars on feefo
frequently asked questions
Any other questions? Take a look at our FAQs and find out exactly how the Home for Life Plan is set up to help you.
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