has this company acted illegally

terryw

Suzanne,

Apart from the crossing out and alteration of name on the copy transfer, has the price on the copy transfer also been altered or does it show any signs of tampering? Or is it possible that you signed the transfer without checking this figure?

susanne2010

B.E.N wrote: »

I can't help thinking that it would be better just to play them at their own game...


There are documents with (supposedly) YOUR signature on saying that you have accepted an offer of £109,500 for your property.

You have only received (and presumably have proof - bank statements, etc) only £71,500, so why not just sue the Solicitors for the remainder (they will have professional liability insurance cover), claiming that they didn't pass the full amount on to you and that you are owed £38k :beer:

thats a nice idea ,i would certainly like that to happen ,but when we get to the bottom of all this,i think it will turn out to be a mortgage fraud, even if it is proven that my e/agent or solicitor may have been involved i think it would be the mortgage company who will be doing the sueing , but you never know.

susanne2010

terryw wrote: »

Suzanne,

Apart from the crossing out and alteration of name on the copy transfer, has the price on the copy transfer also been altered or does it show any signs of tampering? Or is it possible that you signed the transfer without checking this figure?

when i signed this document there was no alterations on it at all, i was not shown the page which states how much i was receiving, my solicitor handed me a document, it already had this property companies name typed on it and he just said sign in that box saying i was transfering the title to the said p/company, so i did , this is the first property i have sold so i was not aware of what a transfer document looked like or what details it was to contain, it was only when i recieved the photo copy from the land registry that i saw the whole transfer, which on a seperate page to my signature it states i was recieving £109,500. If i had seen that page when i signed, quite simply i would not have signed.

Patrick20

I usually can't read a thread this long but this one was different. I'm gobsmacked and amazed at how dirty these estate agents and solicitors can be. You'd think atleast a solicitor would be fair considering they are putting their reputation(which is everything in that job) on the line. Hope you get them all. Will be watching and waiting for an outcome. Good Luck.

RacyRed

This is absolutely shocking!

Thr transcript of the You and Yours programme is even more terrifying - If I understand it correctly, the owners of mortgage free properties, which are not owner occupied, can only protect those properties from fraud by checking that the land registry details are correct at 21 day intervals!

Susanne, I wholeheartedly agree with what kmmr has said so well in an earlier post.

kmmr wrote:

Can I just say how impressed I am with this! First noticing that it has happened, and then having the strength of character to chase it up. Despite being pushed back by I am sure very aggressive and defensive individuals.

I hope some sort of justice comes out of this for you.

susanne2010

RacyRed wrote: »

This is absolutely shocking!

Thr transcript of the You and Yours programme is even more terrifying - If I understand it correctly, the owners of mortgage free properties, which are not owner occupied, can only protect those properties from fraud by checking that the land registry details are correct at 21 day intervals!

Susanne, I wholeheartedly agree with what kmmr has said so well in an earlier post.



I hope some sort of justice comes out of this for you.

The thing is i actually found out by chance,i had previously signed up to mouseprice and ourproperty.com, these sites get updated sales figures from the land registry and i received an email about my own property that i had recently sold, i thought it was a misprint when i first saw the sold price was £109,500, so i checked other sites which report updated sales and the same price was still on the property i had sold,then the next morning i checked on the LR site myself,i paid the £4 fee and downloaded the copy of the title then i called the LR and said it must have made a mistake,the LR said it was not a mistake and that they had my signature saying i had received £109,500, i told them no i didnt i received £71,500, and they said could have a copy of the transfer with my signature for a fee of £12, so i got the transfer copy and so everything starts to look like well fraud comitted by someone,!! or maybe 3 or 4 someones ,but it looks like it may be a while before i know , i will keep everyone updated,and i am very grateful for all your support and advice.bye for now and again thanks.

millym

Best of luck to you Susanne. I hope they get what's coming to them!

Hooray for sites that publish sold prices!

terryw

susanne2010 wrote: »

it was only when i recieved the photo copy from the land registry that i saw the whole transfer, which on a seperate page to my signature it states i was recieving £109,500. If i had seen that page when i signed, quite simply i would not have signed.

Yes, that makes perfect sense. The transfer form is badly designed as the signature is on a different side to the details, and this assists in any chicanery.

clutton_2

re LR fraudsters stealing houses belonging to others... i am utterly amazed to read the BBC transcript from last year, as tnis problem was first raised about 4-5 years ago........

the LR at that time published copies of ALL the documents submitted to them for conveyancing, including the purchasers/vendors signatures... so thieves just downloade, copied the signatures, applied to do a Transfer ... job done...

the story at that time was a couple in Scotland who owned an English house and had not visited for years .... when they did it, they discovered it had been lived in for a fair time by a family who had bought it off the scammers...

Initially the LR got very "huffy" and refused to accept any responsibility for it.. but finally agreed to not publish signature documents....

so why on earth - years later is this still going on ???

lindos90

susanne2010 wrote: »

i have just had a very heated conversation with the solicitor, and he said its called back to back selling and there isnt anything i can do about it,but like i told him if he had advised me of this practice then i would not have gone through with the sale, as he has dealt with this company before and he said how was he to know this company had this intention,and as i pointed out that if he had explained it is was a possibility i would not have sold ,i am now going to get in touch with the land registry to see what they think,even if it is all legal i would have thought it was up to the solicitor to furnish me with all these facts before allowing me to sell ,

This is a very old thread, but does talk about 'back to back selling' which is what your solicitor says this is, it sounds like although underhand, its not illegal as such, but I guess it depends on the way it was done, for example who was in on it, and if the EA or solicitor had a legal obligation to inform you about it.

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