Leasehold homes in Shanklin
How many homes in Shanklin are sold as leasehold, including leasehold houses. Free
All sales leasehold
42%
2,053 sales since 2016
Houses sold leasehold
10%
excluding flats
New-build houses leasehold
0%
24 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Spring Gardens | 18 | 56% |
| Western Road | 12 | 67% |
| Garfield Road | 10 | 60% |
| St Boniface Cliff Road | 7 | 57% |
| Paddock Road | 6 | 50% |
| Regent Street | 6 | 50% |
| Steephill Road | 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.