Hi all,
I’m considering purchasing a leasehold flat on the Dog Kennel Hill Estate and am feeling a bit spooked by things I’ve seen about the spiralling debilitating costs of major and cyclical works levied at leaseholders by Southwark council (and councils in general). Especially as there is a ton of new regulation coming down the line for social housing, I am a bit concerned about my ability to pick up the leaseholder share of the cost of some of those mandated works for social tenants.
I wondered if anyone knows if there have been major works done on the estate in recent years before I get too far down the line with the purchase process. Or if anyone is aware of any that might be coming. Or has any experience of recent costs from Southwark council with properties on similar estates. The estate agents have obviously told me that everything’s been brought up to code so there’s no plans in the works but we all know what estate agents are like…grateful for any experiences or feedback anyone is willing to share!