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Definitely agree. I think the affording it is the key - one of the problems with where we are is that the Managing Agents have been chivvying every last little bit out of the residents - a S20 notice in 2015, there's another one due next year, and they're charging £200 a month Service Charge - and this year are asking for another £400 'balancing' fee on top. So the idea of paying more - even to get rid of them and the freeholder both - is a tough sell.
We're not yet recognised - we're having our second 'unofficial' meeting this Sunday but I'm going to propose becoming recognised then. Fingers crossed!
ReekBlefs
Howard
I'd say enfranchisement is worth it if you can afford it and are organised. RTM can be a pain as you still have to deal with the freeholder, which is a problem if the relationship is already strained.
You mentioned a residents' association - remember that if this is "recognised" (in terms of s29 of the Landlord and Tenant Act) it can appoint a surveyor to look at members' service charges. You might have already done this but otherwise possibly worth raising.