Leasehold homes in Consett
How many homes in Consett are sold as leasehold, including leasehold houses. Free
All sales leasehold
7%
6,856 sales since 2016
Houses sold leasehold
5%
excluding flats
New-build houses leasehold
16%
693 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Richardson Way | 120 | 68% |
| Elliott Way | 48 | 85% |
| Fenwick Way | 66 | 52% |
| Kensington Close | 12 | 92% |
| West View | 11 | 82% |
| Peile Park | 5 | 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.