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Some flat owners may prefer to stick their head in the sand and overseas flat owners in cities such as London can be impossible to get hold of.
Commonhold tenure offers flat owners full ownership and control of their homes, comparable to a freehold.
As a result, some flat owners face questionable practices and high fees from managing agents looking to maximise profits.
The management firm – all the flat owners – owns the freehold and is responsible for all external repairs.
Under commonhold, there are no landlords and tenants, just flat owners who share units in the ownership of their building.
Like other flat owners, they want answers from Taylor Wimpey about what they are supposed to do.
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The leaseholders – each flat owner is a leaseholder – must pay for those repairs.
This collects money towards future repairs and means that, when a big bill comes in, the amount each flat owner has to find is affordable.
The other flat owner was as surprised as we were at the discovery and was very happy to have the deed varied to correct the problem.
We meet Melvin, the flat owner, outside a grand downtown building and he takes us to the top floor, down a few corridors, to his beautiful loft (pic attached).
A letter sent to Taylor Wimpey last week by lawyers acting for another flat owner in the block says she "has now had two prospective buyers withdraw from the purchase in the last six months due to the excessive rent review clauses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com