Picked these Basic II Rain Pants up from Hein Gericke for £20. Like their name, just basic thin waterproofs to put on over my leathers. They work really well, keep me nice and dry, zipping down over boots to stop rain running down into them and pulled up under jacket to stop the rain entering there. Very effective, no leakage around the crotch where water can collect. They have no pocket holes mind. Being thin and lightweight, means I can pack them up at the bottom of my bag or under the seat, so they’re always handy in case the weather turns bad.
The only downside with these trousers is they can be a bit slippery on the seat. I keep finding myself sliding forward from my default riding position. No doubt I can get some sort of grippy seat covering, shall have to investigate.
Seasoned London commuter, doing my best to stay rubber side down and never stop moving forward.