Jump to content

Coppen estates home insurance penalties?

Recommended Posts

Has anyone who owns a property on leasehold land (Coppen Estates) being charged annual penalties (£35 per year)for not taking out house insurance with Royal Sun Alliance? I would really appreciate replies on this one as I think it is an outrage!

Share this post


Link to post
Share on other sites

No problem here.

Share this post


Link to post
Share on other sites

No problems with them ,we have paid them for years for our 800 year lease.

I think this type of rip off has been exposed by watchdog.Probably a newish phenomina to get money!

Share this post


Link to post
Share on other sites

The properties where I live were all leasehold when built many years ago. I seem to remember that we had this problem then but we bought the freehold before Coppens took over and it is all a bit hazy now. Have you lived in the property very long? I am just wondering if it is something that they are doing with new owners. A family member has resided in a property (flat) which is leasehold (Coppens) for two and a half years and has not (so far) been contacted about this.

You should examine your lease closely and perhaps discuss it with your solicitor. However, I imagine that Mr Shaw will soon be along and be able to throw more light onto this.

Share this post


Link to post
Share on other sites

Only lived there two & half years and none of my neighbours have this charge. When I queried this with Coppen Estates they said it had just come in to force when I bought my house. I understand from my solicitor that is not an enforcable charge but I'm not sure what their rights are as landowners, or my rights as a leasehold homeowner. I am awaiting further information. It seems to me that by forcing money out of someone for not taking out insurance with who they say you should is extortion, and this kind of practice should be abolished. Any comments?

Edited by Catmandu

Share this post


Link to post
Share on other sites

Coppen Estates tried to get me to pay previous owners ground rent saying they hadn't paid it for the year in which we purchased, although I had letter from solicitor of person we bought from.

I told them if they want it they would be having a very long wait, they moaned and groaned a bit but then. never heard any more about it and that was 7 years ago.

They also said we had to use a solicitor of their choice if we wanted to purchase leasehold, and told us exactly how much their solicitors fee's would be costing me.

They are crafty :suspect:

Edited by trackrunner

Share this post


Link to post
Share on other sites

Thanks Trackrunner, I have heard stories of that happening to other people.

Share this post


Link to post
Share on other sites
I understand from my solicitor that is not an enforcable charge

Could you ask your solicitor to write a short letter stating this? At least you would then have something to show them if necessary. There seems to be some inconsistency here.

Share this post


Link to post
Share on other sites

St Giles Properties tried it on with me before I bought the freehold, the charge was £10 for not using their insurance. I just drew a line through the request and wrote on 'not applicable'. Never heard anything else and they stopped including it in the payment request ... I was told it is unenforceable.

Share this post


Link to post
Share on other sites

If a house's leaseholder (T) does not wish to comply with the insurance covenant (and ALWAYS ensure that the covenant is there: occasionally it's not!), there are two ways out:

1. Buy the freehold reversion from its owner (L).

2. Use rights under s.164 of the Commonhold and Leasehold Reform Act 2002. This offers an opt-out if T serves an appropriate Notice on L, demonstrating that T has equivalent or better insurance obtained independently.

Edited by Jeffrey Shaw

Share this post


Link to post
Share on other sites

I'd never touch leasehold again with a barge pole ... more trouble than its worth! My advice would be, if its leasehold, walk away and look for something else!

Share this post


Link to post
Share on other sites
I'd never touch leasehold again with a barge pole ... more trouble than its worth! My advice would be, if its leasehold, walk away and look for something else!

Poor advice. Most houses in Sheffield are leasehold; and most leaseholds involve no real problems at all.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.