^ Exactly - existing leaseholders won't get anything as a result of the new laws proposed but maybe the tide of change will force the powers that be to look at doing something for them too.
What annoys me is that if the auction of the freehold I mentioned had happened only 18 months later me and my downstairs neighour (1 storey maisonette) could have bought the building's freehold ourselves at less than cost he paid just to extend his lease. But he's an financial idiot and his solicitor was either incompetent or more interested in their fee than doing the best for their client.
I'm now stuck having to deal with a property management company that controls my house insurance and adds associated 'admin costs' on top of course. I get no say about it and that increases more than the rate of inflation every year. I even have to pay extra for terrorism insurance because it is London.
What annoys me is that if the auction of the freehold I mentioned had happened only 18 months later me and my downstairs neighour (1 storey maisonette) could have bought the building's freehold ourselves at less than cost he paid just to extend his lease. But he's an financial idiot and his solicitor was either incompetent or more interested in their fee than doing the best for their client.
I'm now stuck having to deal with a property management company that controls my house insurance and adds associated 'admin costs' on top of course. I get no say about it and that increases more than the rate of inflation every year. I even have to pay extra for terrorism insurance because it is London.
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