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Lease Checker

Lease CheckerOwn a Property in the S6 or S20 Area?

You may be losing thousands in value each year. Act now!

Hundreds of homeowners in the S6 & S20 postcode areas could be sitting on a ticking time bomb. If you own a leasehold property in either of these areas, your home maybe losing value year after year because of the time left on the lease.

With our new Lease Checker we can tell you whether you have this problem for just £50 +VAT.

Banner Jones Conveyancing Reviews

4.7 out of 5
4.7 out of 5 based on 56 ratings

What is a leasehold property?

Many houses in the S6 & S20 areas are ‘Leasehold’ properties. The classic example for the rest of the country would be a Flat, however in Sheffield it is very common for houses to be Leasehold too.

When you purchase a Leasehold property, you own the right to live in the property for the period of the Lease. The Lease itself will be owned by a Landlord, to who you will pay an annual ground rent. If you live in a property where you pay a ground rent, then your property is Leasehold.

So what’s the problem?

When they were first written, the Leases were given a long period - often of several hundreds of years. This was a very long time ago however, and the number of years left on them is beginning to dwindle. This is a growing problem across Sheffield, and the S6 & S20 areas in particular are greatly affected.

A property with less than 70 years left on the lease is practically impossible to sell. No mortgage lender or building society will agree to give potential buyers a mortgage on it. Furthermore, as the time begins to expire, more and more of the property’s value passes to the Landlord. As an example, a property with 60 years left on the lease loses about 12.5% of its value, and by 50 years this increases to 25%.


What can I do?

The time periods, terms and Landlords for each Lease vary from property-to property,

If you are concerned about the Lease on your property, Banner Jones Solicitors in Sheffield can help with our new Lease Checker service for a fixed-fee of £50 + VAT.

As part of the service, one of our specialist Solicitors will look into your Lease, and prepare a jargon-free report to help you understand your position. The report will contain full details of the Lease itself, including how many years are left and details of who your present-day landlord is. Our Solicitors will also give you advice on what this all means for yourself and your property, the options that are available to you and what they believe to be the best way to proceed going forward. This may be extending the lease, or even purchasing it from the landlord outright.

Get peace of mind for your property with the Banner Jones Lease Checker, and identify any problems before they could cost you thousands.

All for a completely fixed-fee of just £50 + VAT

97% of our clients would recommend us to a friend
(Ongoing Client Survey)

The service I received was excellent.

Mrs B, Dronfield

I received excellent service for the purchase of my house

Mrs S,Sheffield

The service I received couldn't have been better!

Mrs C, Chesterfield

The receptionist staff on both days we visited your office were extremely friendly and the whole experience of dealing with Banner Jones was wonderful

T Howard

Everyone was very helpful and made the experience of buying our first home easy and stress-free.

Mr & Mrs Q, Ecclesfield

Thank you Jenna for all your help.

Ms J, Chesterfield

I am happy with the service we received. Sandra Potter kept us updated at all times. Nothing was too much trouble. Highly recommended.

Mr K & Miss F, Chesterfield

Used Banner Jones for sale and purchase of property. From start to finish 8 weeks. Communication via post, email and telephone. Never made to feel that I couldn’t ask questions if unsure. Sandra Potter very friendly. Would 100% recommend.

Miss G, Wingerworth

Great service from start to finish. Josh kept us updated throughout the process and was always very prompt with responses. Highly recommended.

Mr & Mrs B, Mansfield

Hi Carey and Jenna, just a quick thank you for your help with the house move. Settling in well. Cheers

Mr & Mrs B, Chesterfield

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