Over 60s Home for Life


At Wain 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.

✔️ Ideal home, perfect location


✔️ Mortgage-free


✔️ Interest-free


✔️ Rent-free


✔️ Inheritance options


✔️ Savings for retirement


✔️ Security for the future


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. 

There’s no financial lending with a Home for Life. No mortgage, no rent, no interest to repay. Simply choose your brand-new home and Homewise buys the property.

With greater savings versus the full purchase price, you have even more choice of new homes! 

Use the quick calculator today to instantly see how much you could increase your budget by, broadening your new home options.

*Savings against the property value range from 8.5% to 59% for freehold properties (that is with 0% safeguarded) 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.


A Home for Life provides a simple way for you to secure your next home for thousands less than the market price, through the purchase of a “Lifetime Lease”.

You pay a one-off amount to Homewise (that’s always thousands less than the market price) to purchase a Lifetime Lease, which is registered at Land Registry. So, you’re legally protected to live in your chosen home, happily and securely, for your lifetime.

This significant saving means that you could move to a better property in the perfect location, create savings for your retirement, pay off a previous mortgage or debts, and gift a guaranteed inheritance for loved ones if you wish. 

With a Home for Life, you are fully protected to live in your chosen home, free from ongoing financial burdens and have peace of mind knowing that you are secure in your home for your lifetime.

Contact the sales office at your chosen Wain Homes development or call Homewise on 0808 302 5733 to discover if a Home for Life could work for you.


You chose your ideal home and Homewise will pay the agreed selling price to buy the property 


 You pay a one-off amount to Homewise to purchase a “Home for Life Plan”, the cost of which is significantly less than the market price, to live in your chosen property without any rent or mortgage payments 


 The amount you pay is calculated based on your personal circumstances and property choice


 With a Home for Life Plan you also have the choice to safeguard up to 50% of the property’s future value which can provide a guaranteed inheritance for your estate 


 A core legal document of the Home for Life Plan is a “Lifetime Lease” - this provides you with the legal right to live in your chosen property, rent-free and mortgage-free, for your lifetime and is registered at the Land Registry, with you named as the Lifetime Lease Owner 


 When you pass away or move permanently into long-term care your Home for Life Plan will end, and the property will be sold; any safeguarded percentage of the sales proceeds will be paid to your estate, less your share of the selling costs 


 The Home for Life Plan is not a financial service like a mortgage or loan, so there are no interest repayments at any time; there is no borrowing involved and therefore there is nothing to pay back 


 As with any house move, your legal work will be conducted by an independent solicitor of your choice; they will be required to sign a solicitor’s certificate confirming that they have fully explained the Home for Life Plan to you, and you are happy to proceed with the purchase 


 The Home for Life Plan is portable and can move with you to a new home in the future, should you wish to move again 



Ready to secure your new Wain home? Discover your kind of perfect today.



*Available on selected homes on selected developments only. For more information please speak to a Sales Executive.

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