Leasehold homes in Newark
How many homes in Newark are sold as leasehold, including leasehold houses. Free
All sales leasehold
7%
17,385 sales since 2016
Houses sold leasehold
2%
excluding flats
New-build houses leasehold
4%
2,284 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Lily Lane | 60 | 67% |
| Lavender Way | 44 | 73% |
| Holly Court | 14 | 100% |
| Gerbera Drive | 26 | 50% |
| Clover Gardens | 11 | 91% |
| College Close | 7 | 100% |
| Poppy Place | 9 | 67% |
| Speedwell Close | 5 | 100% |
| Snowdrop Avenue | 6 | 67% |
| Pollard Close | 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.