Leasehold homes in Chipping Norton
How many homes in Chipping Norton are sold as leasehold, including leasehold houses. Free
All sales leasehold
13%
4,257 sales since 2016
Houses sold leasehold
2%
excluding flats
New-build houses leasehold
3%
348 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Shepard Way | 27 | 96% |
| Norton Park | 15 | 100% |
| Penhurst Gardens | 16 | 88% |
| The Playing Close | 10 | 100% |
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.