Leasehold homes in Hope Valley
How many homes in Hope Valley are sold as leasehold, including leasehold houses. Free
All sales leasehold
13%
1,601 sales since 2016
Houses sold leasehold
7%
excluding flats
New-build houses leasehold
0%
41 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Crossland Road | 10 | 70% |
| The Hollow | 8 | 63% |
| Derwent Close | 5 | 80% |
| Glebe Park | 5 | 60% |
| Mayfield Terrace | 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.