Once you’ve completed the buying process for your new home, it’s time to prepare for the next steps. Whether you’re moving in or planning renovations, there are several tasks to accomplish. Let’s dive into this extensive to-do list.
The first step is to inform your moving company of your completion date so you can schedule your move accordingly. This applies if you’re using a moving company. Additionally, it’s wise to notify your current utility providers about your move. Some may transfer their services to your new property, while others may require a notice to close your account.
Setting up a new broadband service is also a crucial task. It’s recommended to start this process early as it can take several weeks to complete.
Don’t forget to consider other important factors like forwarding your mail and visiting your new property to measure for any necessary furniture orders. Keep in mind that if your seller is part of a further chain, there may be delays that can affect your timeline.
Once you’ve settled into your new home, remember to update your council tax records with the local council and take meter readings to provide to the utilities companies. These are essential steps to ensure a smooth transition.
Buying a home involves more than just the logistics of the move. It’s crucial to understand any additional factors related to the property you’re interested in. For example, if you’re considering a leasehold property, it’s important to understand the terms and implications. Leasehold properties have gained attention due to unfair terms and concerns about cladding safety following tragedies like the Grenfell Tower fire. As the leaseholder, you have shared ownership with the freeholder who is the landlord. Your lease will outline the term of ownership and the rights you have regarding the property.
Leasehold properties often involve fees paid by the leaseholder to the freeholder. Recent reforms have changed how these fees operate, and further changes are expected. On the other hand, freehold properties grant you full ownership of both the property and the land it sits on. This allows you more freedom to make changes, but it also means you’re responsible for property and land maintenance.
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