A little bit late to the party. We live in a maisonette in a small block, Southwark Council are the few holders. For us, the experience has been fine. The service charges are reasonable, the ground rent is virtually non existent, and the council have generally been good at responding to queries and issues. As with any leasehold, there are things about your property that you don?t have control over, which can be frustrating, but the flip side is that you pay a lot less for the property in the first place. For us it was an obvious choice, we live in a great area, in a nice, well maintained property, which we otherwise wouldn?t have been able to afford. I think as long as you set your expectations correctly, read the lease carefully before agreeing to it, you?ll be fine. There are always risks with any type of property. Just my two cents, as we?ve been happy.