Jodie14 Posted June 11, 2020 Share Posted June 11, 2020 Hi My partner and I are thinking of buying our lease from coppen estates. We have lived in the house for 4 years and paid our ground rent each year. The lease has approx over 500 years left on it (i would need to get the documents out to be sure) and we pay £12 a year plus a charge for insuring it with our own choice of insurer. Where do we even start? Jeffery Shaw ...are you a solicitor who could do help action this for us? This is our first home and we just want to buy the freehold so we can do as we please. Any advice would be great! Thank you Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted June 16, 2020 Share Posted June 16, 2020 On 11/06/2020 at 21:07, Jodie14 said: Hi My partner and I are thinking of buying our lease from coppen estates [A]. We have lived in the house for 4 years [B] and paid our ground rent each year. The lease has approx over 500 years left on it (i would need to get the documents out to be sure) and we pay £12 a year plus a charge for insuring it with our own choice of insurer. [C] Where do we even start? [D] Jeffery Shaw ...are you a solicitor who could do help action this for us? [E] This is our first home and we just want to buy the freehold so we can do as we please. Any advice would be great! Thank you A. No. You already own the lease- see B. What you wish to buy is Coppen's freehold reversion. B. As you have owned the lease for > 2yrs., you have a statutory right to the freehold reversion: see the Leasehold Reform Act 1967. C. The insurance fee is not payable if (a) the Lease contains no restriction or (b) you serve an annual s.164 Notice. D. Do not try approaching Coppen without professional assistance. The cost is likely to be swelled by its fees, payable by you. E. Yes, if you wish- but you'd need to contact me direct during office hours. Link to comment Share on other sites More sharing options...
geared Posted June 16, 2020 Share Posted June 16, 2020 Is it still Coppen general practise to completely ignore any communication until official documents drop through their door? Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted June 17, 2020 Share Posted June 17, 2020 18 hours ago, geared said: Is it still Coppen general practise to completely ignore any communication until official documents drop through their door? Often, yes. Coppen rarely: a. replies to letters from tenants; or b. negotiates other than with a tenant's Chartered Surveyor. Link to comment Share on other sites More sharing options...
prince al Posted June 17, 2020 Share Posted June 17, 2020 Good Lord! Who are these people, they sound horrendous. Link to comment Share on other sites More sharing options...
geared Posted June 17, 2020 Share Posted June 17, 2020 1 hour ago, prince al said: Good Lord! Who are these people, they sound horrendous. They're the reason you don't buy leasehold. or if you do, you make absolutely sure you know what you'll be dealing with. Link to comment Share on other sites More sharing options...
Jas Posted July 1, 2020 Share Posted July 1, 2020 Does anybody have an email address for Coppen Estates? Link to comment Share on other sites More sharing options...
geared Posted July 1, 2020 Share Posted July 1, 2020 Don't even waste your time Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted July 2, 2020 Share Posted July 2, 2020 18 hours ago, Jas said: Does anybody have an email address for Coppen Estates? I don't think that Coppen uses e-mail. Or computers. Link to comment Share on other sites More sharing options...
Jas Posted July 2, 2020 Share Posted July 2, 2020 How strange, thanks anyway Link to comment Share on other sites More sharing options...
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