Billy-Jean   10 #193 Posted September 13, 2018 Is it the vendor or the solicitor who doesn't want to "upset them"? They're a big faceless company, they don't get 'upset'... And she's selling the house so why would she care?  Its the Solicotor, she says this is how they have always done things Share this post Link to post Share on other sites Share this content via...
Cyclone   10 #194 Posted September 13, 2018 The vendors solicitor? If so the only leverage you've got is to threaten to walk away from the sale.  ---------- Post added 13-09-2018 at 09:50 ----------   My Solictor has been trying to purchase the freehold from coppen but its been 6 months and nothing seems to be happening.  I am slightly confused though, is it your solicitor or the vendors solicitor? Because if it's yours then there is no right to purchase the freehold, so Coppen are most likely just going to continue ignoring them. Share this post Link to post Share on other sites Share this content via...
geared   268 #195 Posted September 13, 2018 Its the Solicotor, she says this is how they have always done things  So it's not even your solicitor, it's the vendors solicitor??  They haven't got a clue by the sounds of things, you need to ramp up the pressure and force them to do things properly. Share this post Link to post Share on other sites Share this content via...
peteh1 Â Â 10 #196 Posted September 13, 2018 Hi, Can someone just give me some general advice re buying freehold, does a person having lived there for a number of years have any rights, and if so at what price (is there a formula ?). I live on the acorn estate Stannington if anyone has had dealings ... thanks. Share this post Link to post Share on other sites Share this content via...
Billy-Jean   10 #197 Posted September 13, 2018 Hi, Can someone just give me some general advice re buying freehold, does a person having lived there for a number of years have any rights, and if so at what price (is there a formula ?). I live on the acorn estate Stannington if anyone has had dealings ... thanks.  Yes you have to have lived there for at least 2 years Share this post Link to post Share on other sites Share this content via...
mafya   220 #198 Posted September 13, 2018 Hi, Can someone just give me some general advice re buying freehold, does a person having lived there for a number of years have any rights, and if so at what price (is there a formula ?). I live on the acorn estate Stannington if anyone has had dealings ... thanks.  Have a read of this= https://www.lease-advice.org/advice-guide/houses-qualification-valuation/ Share this post Link to post Share on other sites Share this content via...
peteh1 Â Â 10 #199 Posted September 13, 2018 many thanks for the link. Share this post Link to post Share on other sites Share this content via...
Billy-Jean   10 #200 Posted September 13, 2018 https://www.freeholdcalculator.com/freehold_simple.php Share this post Link to post Share on other sites Share this content via...
Jeffrey Shaw   83 #201 Posted September 20, 2018 Has anyone managed to successfully purchased the free hold from Coppen Estates in Sheffield for their house.[1]  Im currently trying to purchase a property with a 77 year lease reaming. And Coppen Estates are the lease holders.[2]  My Solictor has been trying to purchase the freehold from coppen but its been 6 months and nothing seems to be happening.[3]  We really like the house and would like to buy it, but would like this issue sorting out.[4]  Any help and advice would be appreciated. 1. Yes, lots of people- but it's tricky, slow, and needs expertise not always available from routine conveyancers. 2. No. Coppen almost certainly owns the freehold reversion and your vendor ("V") owns the leasehold. 3. Coppen will certainly not sell to your solicitor- nor to you: a. until you've owned the house for at least two years as leaseholder; or b. unless V serves Notice of Claim (if V has owned the house for at least two years as leaseholder AND is wiling to assign the statutory rights to you). 4. So do be careful. Coppen will try to make it expensive, does not always reply to letters, and may put hurdles in your way.  ---------- Post added 20-09-2018 at 22:11 ----------  So it's not even your solicitor, it's the vendors solicitor?? They haven't got a clue by the sounds of things, you need to ramp up the pressure and force them to do things properly. I agree. You do need specialist advice; that might exclude anyone if she says this is how they have always done things. Share this post Link to post Share on other sites Share this content via...
Marsaud   10 #202 Posted September 20, 2018 Just a quick update for the OP.  I got my offer from Coppen last week, two months after beginning the process. It isn’t cheap, but I was expecting to pay more, so I’m quite happy.  As Jeffrey says, they did ignore a couple of letters from my solicitor, but the suggestion of enforcement action soon had the desired effect. Share this post Link to post Share on other sites Share this content via...
medusa   16 #203 Posted September 20, 2018 I bought the merged freehold for my property from Coppen 21 years ago, and that was a fairly long and drawn out process I seem to recall, even though there was a group of us from the same head lease all acting together.  Believe it or not, I found the paperwork the other day while shredding old papers prior to moving house, and found that the letters were all signed by one Jeffrey Shaw. I'm surprised that I didn't remember who acted on my behalf, but clearly, I didn't. Share this post Link to post Share on other sites Share this content via...
Sparkl3 Â Â 10 #204 Posted September 21, 2018 With regards to buying lease off Coppen? Been advised to get a surveyor to do a valuation for the purchase of the lease. Can anyone recommend a surveyor who's expert in such matters please? Share this post Link to post Share on other sites Share this content via...