---
title: Over 60s Lifetime Lease | Homewise
description: Find out everything you need to know about Lifetime Lease's - the legal agreement that's the foundation of every Home for Life Plan.
image: https://www.homewise.co.uk/hubfs/Senior_Couple_Sofa_Tablet_Header.jpg
---

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[Home](https://www.homewise.co.uk/)  > Lifetime Lease Explained

# Protected with a Lifetime Lease

Wondering what actually protects your right to stay in your home for life? Here's how a Lifetime Lease works.

## What is a Lifetime Lease?

**A "Lifetime Lease" is the legal foundation of your [Home for Life Plan](https://www.homewise.co.uk/moving-home-solutions/home-for-life-plan). **

It’s a binding agreement, registered at the Land Registry, that protects your right to live in your chosen home.

You’re named on all legal documents as the "Lifetime Lease Owner".

You don’t own the property itself. You pay Homewise a one-off amount for your plan and own the legal right to live there, rent-free and mortgage-free, for your lifetime.

Your independent solicitor confirms all of the details with you before anything is finalised.

![Homewise_Video_What_Is_A_Lifetime_Lease](https://www.homewise.co.uk/hubfs/Homewise_Video_What_Is_A_Lifetime_Lease.jpg)

Play video

[Video with transcript](https://www.homewise.co.uk/videos/video-transcript-home-for-life-plan)

## Who owns the property?

**The property you choose is purchased at the full agreed selling price by Homewise, or one of our partners, as a long-term investment.**

The property owner is named as the "Provider" on documentation, and has legal obligations set out in your agreement, including leaving you to live quietly and peacefully in your home.

You can still leave a guaranteed inheritance. You can [protect a share of your home's future value](https://www.homewise.co.uk/moving-home-solutions/home-for-life-plan/inheritance) which would be paid to your estate when the plan ends. Anything from 0% - 50% it's your choice.

You are always protected, no matter who owns the property. It's your home to enjoy, securely, for as long as you want it.

![wildflowers_yellow_front_door](https://www.homewise.co.uk/hs-fs/hubfs/Email/wildflowers_yellow_front_door.png?width=600&height=343&name=wildflowers_yellow_front_door.png)

## How do I qualify?

**To qualify, everyone named on the Lifetime Lease must be aged 60 or over and eligible to live in the UK.**

Other people can live with you (with prior agreement) but they will be required to leave when the plan ends. You can’t add anyone to the lease at a later date or sublet your home at any time.

All named Lifetime Lease Owners have the legal right to live in the home until the plan ends. That security is yours for life.

[Read all FAQs](https://www.homewise.co.uk/community/faqs)

![couple_smiling_on_patio](https://www.homewise.co.uk/hs-fs/hubfs/Email/couple_smiling_on_patio.png?width=599&height=395&name=couple_smiling_on_patio.png)

## Read our brochure

Learn how the Home for Life Plan works, how it compares to alternative options, and see stories from people who’ve made the move.

Read now

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## Read Brochure

## See what the numbers look like for you

Found a home you like? Enter your details to see how much you could save. Or start with your budget and see what’s within reach.

Plus, use the slider on the results page to adjust the estimate based on your inheritance wishes.

- Takes less than 2 minutes
- Optional inheritance adjustment
- Instant no-obligation estimate

*“We didn’t think we’d get everything we wanted. But now we’re here, near the coast & the grandkids, & loving every minute.”*

Jim & Stella, moved to Isle of Wight

How many people are moving? 12

What is your age? 60616263646566676869707172737475767778798081828384858687888990919293949596979899

What is the age of person 2? 60616263646566676869707172737475767778798081828384858687888990919293949596979899

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