be wary of buying an ex council place with southwark council as the leaseholder. I was hit with a 22k major works bill about 4 years back and it caused no end of heart ache. the estimates where all over the place and the quality of the work questionable, it seems the more money they spend the greater their cut i.e 10% I think. if I had my time over again I would probably avoid it. the vendors are probably selling as they know this is coming up and want out before the bill hits, this happening in the flat next to mine, the new tenents moved in and 3 months later got hit for 22k.