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Howard
So, joining this thread after our current lovely landlord has been forced to sell our flat. In a random bit of 'where can we afford to buy near here' zoopla-ing, we found the larger flat next door had just gone on the market at a price I can afford. So i can look to buy their bigger flat (but with more monthly outgoings), or my current one (for around the same) plus have the time and cash to do the current one up a little.
Questions:
A) Anyone bought an ex-LA freehold in a tower block before? I've gone through a banks 'what floor's it on, is there a working lift?' type questions, and both my current and prospective flat have got HSBC mortgages, but I'm aware that's the just the start of some pain. I've got ground rent, details of previous Lambeth Special projects, and a guestimate of what's next in their 10 year cycle of works. Khan's just (for his term at least) set up better TA / Residents control over estate regeneration / demolition.
B) I get on with the neighbours, is it worth persuading them to sell outside of their current Winkworths agency to save each other cash?