Sure, but if I’m a cash speculator I don’t care about any of that as I won’t be living in it.
Yes, that's right, and it's pretty much the only circumstance under which one of these places can be sold.
Buildings insurance is the freeholders responsibility. I assume they've had to put some kind of special measure in place to even get a policy that they might be able to claim on in the event of something going wrong.
And the costs of those special measures are going straight back to the leaseholders. That would be a bit of a kick in the nuts on top of the wider fire safety issue.
Yes, that's right, and it's pretty much the only circumstance under which one of these places can be sold.
Buildings insurance is the freeholders responsibility. I assume they've had to put some kind of special measure in place to even get a policy that they might be able to claim on in the event of something going wrong.