Leasehold homes in Melksham
How many homes in Melksham are sold as leasehold, including leasehold houses. Free
All sales leasehold
11%
5,364 sales since 2016
Houses sold leasehold
4%
excluding flats
New-build houses leasehold
15%
912 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Caretakers Close | 66 | 74% |
| Academy Close | 30 | 73% |
| Scholars Way | 26 | 77% |
| Lopes Close | 15 | 67% |
| Frane Lea Park | 8 | 100% |
| Lopes Close | 6 | 67% |
| Governor Drive | 6 | 50% |
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.