Things to know before you buy a new flat

Are you thinking of shopping for a flat from an area authority, a housing

association or another social landlord? perhaps underneath the proper

to buy or another scheme? the items to think about before buying a

council flat are not any completely different from shopping for a flat

on the open market. individuals have bought a flat from a council or

housing association. Most are proud of their purchase. If you buy, we

wish you to be one in all of them. 

1)Service charge

Your payment, which is typically before, of your share of all the prices

of maintaining and insuring the building; however, the amounts can vary

betting on the services provided. stock up charge known as reserve or

fund could also be collected from you for large, however sporadic works

(eg external decoration and replacement of the carry, boiler or roof). this

permits the value of major works to be meet a variety of years.

2)Who is responsible for major repairs?

Your service charges ought to embrace prices for general maintenance

however may not embrace prices for doubtless major repairs, like if the

roof of your block of flats desires intensive work. If a large repair is required

, you ought to remember who is accountable and the way the prices are s

hared? this can be necessary because it could also be one thing you would

like to take into account within the future.

3)How much cupboard space is there?

Storage space may be a valuable however usually unnoticed quality

. wherever can you retain your home appliance, towels, spare linen,

and boxes of junk? Is there space for cabinets or shelves to be engineered

in? especially in newly built homes, cupboard space is scarce.

4)Is the plumbing up to scratch?

Run the faucets to envision the water pressure. ask if the pipes are insulated

, and guarantee they're not lead which would get to get replaced. Do the

radiators really work? however previous is that the boiler? If the new storage

tank is placed within the roof it's in all probability a previous one and should

get to get replaced before long

5)wherever to go if you would like additional help?

While you’re buying, your solicitor can answer your questions, however,

once you’re in your new home, it’s necessary to grasp where you'll select

recommendation. The Government’s Lease consulting service features a

vary of data for tenants and landlords and you'll use it before or after you

progress, to envision you recognize what you need to understand. Visit it at

Good Time Builders