Leasehold homes in Colwyn Bay
How many homes in Colwyn Bay are sold as leasehold, including leasehold houses. Free
All sales leasehold
24%
6,483 sales since 2016
Houses sold leasehold
3%
excluding flats
New-build houses leasehold
19%
176 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Gernant | 41 | 63% |
| Cysgod Y Bryn | 16 | 94% |
| Penmaen Bod Eilias | 14 | 100% |
| Penmaen Bod Elias | 12 | 100% |
| Oakwood | 8 | 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.