Leasehold homes in Boldon Colliery
How many homes in Boldon Colliery are sold as leasehold, including leasehold houses. Free
All sales leasehold
21%
737 sales since 2016
Houses sold leasehold
16%
excluding flats
New-build houses leasehold
0%
1 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Fareham Grove | 27 | 56% |
| Cinderford Close | 19 | 68% |
| Winslow Close | 17 | 59% |
| Cheltenham Drive | 11 | 55% |
| Eastcombe Close | 5 | 80% |
| Station Road | 5 | 80% |
| Edgeworth Close | 5 | 60% |
What to check before buying a leasehold home
- Lease length. Under 80 years gets expensive to extend and harder to mortgage. Use the lease extension calculator.
- Ground rent and how it rises. Doubling ground rents can make a home unmortgageable.
- Service charges and the sinking fund, plus any planned major works.
- Buying the freehold. Leasehold reforms are making it cheaper for many house owners to buy their freehold.
A conveyancing solicitor will check all of this for you.