Leasehold homes in Wells-Next-The-Sea
How many homes in Wells-Next-The-Sea are sold as leasehold, including leasehold houses. Free
All sales leasehold
11%
573 sales since 2016
Houses sold leasehold
3%
excluding flats
New-build houses leasehold
10%
40 new-build houses
No streets in Wells-Next-The-Sea have mostly leasehold houses.
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.