tomo2001 Posted October 3, 2022 Share Posted October 3, 2022 Hi, after some advice please. Elderly parents in law are in a leasehold property and they would like to purchase, I believe the Freehold Reversion? The ground rent is paid to Coppen Estates. Hoping someone on here can advise the process and hopefully even be interested to help with this (assuming qualified to do so). Thanks in advance. Link to comment Share on other sites More sharing options...
geared Posted October 4, 2022 Share Posted October 4, 2022 (edited) Jeffrey is your man, he's well versed in all things Coppen. https://solicitors.lawsociety.org.uk/person/106261/jeffrey-stephen-shaw Edited October 4, 2022 by geared Link to comment Share on other sites More sharing options...
tomo2001 Posted October 4, 2022 Author Share Posted October 4, 2022 Thanks geared. They will have been in their property 2yrs at the beginning of December. I believe this is the required milestone to be able to make the purchase. Can work be started now? Should I just contact Jeffrey? Link to comment Share on other sites More sharing options...
geared Posted October 6, 2022 Share Posted October 6, 2022 He'll know for sure. You probably can't send the official notice, but that doesn't mean everything can't be assessed and written up ready to go. Link to comment Share on other sites More sharing options...
topflat29 Posted October 8, 2022 Share Posted October 8, 2022 Are you a leasehold house ? if so, how many years left on your lease and what ground rent do you pay ? Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted October 8, 2022 Share Posted October 8, 2022 tomo2001: best to read the existing thread re Coppen. See https://www.sheffieldforum.co.uk/topic/343796-coppen-estates-sheffield/ The brief answer is as per posts #2 and 3 on the present thread. The file can be started and the Notice of Claim can be signed; but it cannot be served until they've owned for 2yrs. NOTE: for this purpose, ownership begins on the purchase date, not when they became registered at HMLR. Link to comment Share on other sites More sharing options...
tomo2001 Posted October 9, 2022 Author Share Posted October 9, 2022 On 08/10/2022 at 12:41, topflat29 said: Are you a leasehold house ? if so, how many years left on your lease and what ground rent do you pay 61 years left. Ground rent started at £50 but rising to £200. Paid £145 this year included the ludicrous £45 'insurance check' Link to comment Share on other sites More sharing options...
topflat29 Posted October 11, 2022 Share Posted October 11, 2022 On 09/10/2022 at 13:22, tomo2001 said: 61 years left. Ground rent started at £50 but rising to £200. Paid £145 this year included the ludicrous £45 'insurance check' 1, There is a free guide to buying the freehold title ( for leasehold house ) which can be downloaded from www.lease-advice.org . 2. Also for evaluation of cost, see section 6 for a house with 60 years remaining on the lease ( https://www.lease-advice.org/advice-guide/leasehold-houses-valuation/ ) . The valuation sample ( section 6) includes "marriage value" which the previous Housing Minister has announced it intends to withdraw in the future. 3. You should pay Jeffrey Shaw for half hour consultation . He is the expert on leasehold matters and dealing with the freeholder. Link to comment Share on other sites More sharing options...
tomo2001 Posted October 11, 2022 Author Share Posted October 11, 2022 3 hours ago, topflat29 said: 1, There is a free guide to buying the freehold title ( for leasehold house ) which can be downloaded from www.lease-advice.org . 2. Also for evaluation of cost, see section 6 for a house with 60 years remaining on the lease ( https://www.lease-advice.org/advice-guide/leasehold-houses-valuation/ ) . The valuation sample ( section 6) includes "marriage value" which the previous Housing Minister has announced it intends to withdraw in the future. 3. You should pay Jeffrey Shaw for half hour consultation . He is the expert on leasehold matters and dealing with the freeholder. Thanks topflat29 Emailed Jeffrey but as yet no reply. Link to comment Share on other sites More sharing options...
Bilge Posted November 8, 2022 Share Posted November 8, 2022 Any advice on this where the freeholder hasn't been charging any rent for years? We're coming up to 2 years in a leasehold house with 700+ years on it and we'd like to buy the freehold when we can. The previous leaseholder (that we bought the house from) wasn't charged any rent either and they owned it for many years. We took an insurance policy out to cover any claim for back rent, but so far nothing. After 2 years can they not legally charge us any rent or back rent? I guess some firms just buy up long leases with no intention of charging any rent, just as security with a view to selling them at some far off future date? Link to comment Share on other sites More sharing options...
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