Leasehold homes in Tipton
How many homes in Tipton are sold as leasehold, including leasehold houses. Free
All sales leasehold
19%
4,475 sales since 2016
Houses sold leasehold
5%
excluding flats
New-build houses leasehold
0%
386 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Chatwins Wharf | 23 | 83% |
| Belmont Close | 19 | 58% |
| Oakley Avenue | 21 | 52% |
| Rainham Close | 7 | 57% |
| Lister Close | 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.