Showing posts with label Legal Property Advice. Show all posts
Showing posts with label Legal Property Advice. Show all posts

Thursday, 6 October 2016

Home Maintenance Tips & Ideas by Gharonda Builders

With the ownership of an ideal residential house, there also comes a great level of responsibilities. It brings along the responsibility and commitment to ensure that your house is safe and everything works smoothly. Home repairs and maintenance is one of the most important domains which requires the most attention.

Maintenance Tips & Ideas by Gharonda Builders and Developers


Home repairs and maintenance seem to quite complex and challenging when it comes to fixing things. However, contrary to what it appears, performing proper home maintenance doesn’t really require specialized skills or know-how.  Gharonda Builders, one of the leading real estate entities highlights some of the most useful and simple home maintenance tips which can prove to be of great help.

Toilets
Water leaking from your toilet tank is one of the most common and intimidating challenges that you face almost every other day. The easiest way to fix it and stop the leakage is to replace the toilet’s flapper in case your toilet is leaking from the tank to the bowl.

Faucets
Old and worn out washers often lead to leakage in the faucets. This calls for the replacement of the washers inside of the faucet handles with the new one. You can do it easily by turning off the main water supply and replacing the old washer.  
             
Washing Machine
The water supply hoses of your washing machine need to be inspected frequently in order to keep a check on the leakages. It is important to note that the ends of your washing machine drain lines need immediate replacement if they show any signs of discoloration, rust or leakage.

Water Heater
Water heaters are the appliances which are prone to getting damaged easily. Thus, they require a lot of attention and maintenance. It is important to ensure that there are no sediments settle at the bottom of the tank to ensure the smooth working of the water heater.

Air Conditioning
Air conditioners are one of the most important appliances which are quite costly when it comes to get them repaired. However, a regular inspection of the condensation hose can ensure a smooth working of your air conditioner.


Apart from ensuring a hassle-free everyday life experience, having a home maintenance plan can make a great difference in your bank account as well. It is the best way to make sure that home appliances don’t wear out too quickly.

Thursday, 15 September 2016

Leasehold Vs Freehold What's The Difference

Fundamentally, there are two major different of authorized ownership: freehold and leasehold. Although,realty developers often Hide the facts; the big difference can be between a home that is worth buying and one that isn’t. Many buyers who don’t rehash these terms before buying a home end up regretting it – getting into a wrong deal can be massively expensive.

Gharonda builders& developers Leasehold vs freehold

What is freehold?
If you buy a freehold property, it means that you own a building and land, for eternity. While registry, your name would be mentioned as “freeholder”, owning the “title absolute”. Freehold is practically the preferred option: you can’t go wrong with it.
You don’t have to pay annual ground rent.
You are solely responsible for maintaining the structure of the building – the roof and the outer walls The entire houses are generally sold freehold.

What is leasehold?
With the leasehold property, you just have a lease from the freeholder (landlord) to use the property for a specific period. The leases are typically long term – often 90 years or 120 years but as high as 999 years – but can be less than 40 years.
A leaseholder signs a contract with the freeholder, which includes the legal rights and responsibilities of both the sides.
Usually, the freeholder is responsible for maintaining the common parts of the building, for example the entrance and staircase, along with the outer walls and roof.
Leaseholders are liable to pay the annual service charges, maintenance fees, and their share of the property insurance.
 Leaseholders have to take permission for doing any major renovations in the property.
If leaseholders don’t accomplish the terms of the lease – such as, by not paying the rent – then the lease can become forfeit.


Gharonda Builders & Developers can provide guidance on extending your lease or buying the freehold flat of your own.