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Beware inlaws bearing gifts :)
oldfool_3
Posts: 2 Newbie
Hello all ...
12 years ago I was suffering from severe anxiety and was depressed. I'd been made redundant a couple of years earlier and my father had also passed-away around the same time, which I couldn't cope with. All the bad things happening to me, all around the same time, eventually led to me becoming housebound and agoraphobic with severe social anxiety issues. Luckily, my partner was still working while I stayed at home looking after our young son, and our mortgage was very low as I had paid a few Capital payments in the past. The mortgage was originally £21,000 but, by the time I was ill and unemployed, I had saved each year and reduced it to £14,000. Then, suddenly, my partner's parents wanted to pay the mortgage off, but they wanted me to sign everything over to them so I had no rights in the property. After telling them 'no' I received a solicitors letter, to which I again replied 'no'. The next thing I know they are visiting our home again, hassling me with papers and hassling me to sign them. Due to my anxiety and depression I couldn't cope with the stress and eventually signed it after verbally agreeing with them that I could pay them back and transfer the property back to my name when I was feeling better and in a better financial position. A couple of years passed, and I went to college and eventually got a better job which allowed me to save the £14,000 with the intention of paying them back and regaining my rights over the family home. However, my partner and I then had relationship problems, and I was locked out of my home. The inlaws changed the locks. When I think back, apart from me being ill, there was no witness present to the signing of that paper, and it was all done in my home ( as I couldn't leave the property due to agoraphobia ). My mind was in a maze at the time and they convinced me that they were just trying to help and were only acting in good faith. However, with hindsight, my partner had just had an affair, which I didn't know about, but her parents did know about, and they must have known we were doomed to split up, and therefore took action to gain the property with no regard for me. Now they want to sell the property, because their daughter has another to move into, with her new partner, and I want to pay them back and regain it. I am offering to pay the £14,000 plus any interest they would have earned on it, but they just laughed at me. Instead of sticking with their original agreement, they want me to pay the full market price. I have recently found out that they have also done a similar thing with their son's property, as if they are investing their money into other peoples' properties, like some kind of tax avoidance con. I have been totally conned, while I was ill. I can't do nothing about this now, so I am posting this as a warning to anyone else who may find themselves in my position.
Regards
12 years ago I was suffering from severe anxiety and was depressed. I'd been made redundant a couple of years earlier and my father had also passed-away around the same time, which I couldn't cope with. All the bad things happening to me, all around the same time, eventually led to me becoming housebound and agoraphobic with severe social anxiety issues. Luckily, my partner was still working while I stayed at home looking after our young son, and our mortgage was very low as I had paid a few Capital payments in the past. The mortgage was originally £21,000 but, by the time I was ill and unemployed, I had saved each year and reduced it to £14,000. Then, suddenly, my partner's parents wanted to pay the mortgage off, but they wanted me to sign everything over to them so I had no rights in the property. After telling them 'no' I received a solicitors letter, to which I again replied 'no'. The next thing I know they are visiting our home again, hassling me with papers and hassling me to sign them. Due to my anxiety and depression I couldn't cope with the stress and eventually signed it after verbally agreeing with them that I could pay them back and transfer the property back to my name when I was feeling better and in a better financial position. A couple of years passed, and I went to college and eventually got a better job which allowed me to save the £14,000 with the intention of paying them back and regaining my rights over the family home. However, my partner and I then had relationship problems, and I was locked out of my home. The inlaws changed the locks. When I think back, apart from me being ill, there was no witness present to the signing of that paper, and it was all done in my home ( as I couldn't leave the property due to agoraphobia ). My mind was in a maze at the time and they convinced me that they were just trying to help and were only acting in good faith. However, with hindsight, my partner had just had an affair, which I didn't know about, but her parents did know about, and they must have known we were doomed to split up, and therefore took action to gain the property with no regard for me. Now they want to sell the property, because their daughter has another to move into, with her new partner, and I want to pay them back and regain it. I am offering to pay the £14,000 plus any interest they would have earned on it, but they just laughed at me. Instead of sticking with their original agreement, they want me to pay the full market price. I have recently found out that they have also done a similar thing with their son's property, as if they are investing their money into other peoples' properties, like some kind of tax avoidance con. I have been totally conned, while I was ill. I can't do nothing about this now, so I am posting this as a warning to anyone else who may find themselves in my position.
Regards
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Comments
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Have you taken any legal advice? Perhaps there's some way of establishing that they got you to sign docs that hadn't been fully explained to you, were not of sounds mind to understand what the consequences were and were therefore unaware of the risk you were taking.
If there's no way of getting any redress I'd investigate whether it would be worth spending some of that £14k in savings to have them "spoken to".0 -
Meddling in-laws can be so destructiveValue-for-money-for-me-puhleeze!
"No man is worth, crawling on the earth"- adapted from Bob Crewe and Bob Gaudio
Hope is not a strategy
...A child is for life, not just 18 years....Don't get me started on the NHS, because you won't win...I love chaz-ing!0 -
Get legal advice and contact MIND the mental health charity as clearly knowing you were suffering from a mental illness at that point in time they sought to gain advantage in pressurising you to sign something without legal advice plus knowing the way their sibling had acted meant they acted other than in good faith.
Based on your situation and I presume you will have enough medical evidence to back it up you may find court may set aside original transaction because of undue influence and pressure. Judges can be funny like that.
If they are investing like this then a chat with Inland Revenue is always a good idea as doubtful they are declaring any gains.
Its pretty easy to put a charge on the property to stop them selling it or gaining an injunction but do speak with a good solicitor but follow the suggestion of contact MIND as no doubt they have come across similar situations.0 -
I would check on the signature thing with a solicitor as I thought that a witness would need to be present when you signed something like this.
Have you checked whether your still listed on the land registry?
I would take legal advice.
Best of luck, don't give up with this, have a big electronic hug to help you on yor way!:grouphug:I have a lot of problems with my neighbours, they hammer and bang on the walls sometimes until 2 or 3 in the morning - some nights I can hardly hear myself drilling
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How much is the mortgage?
How much did you pay for the house?
How much is the house worth today conservatively?
I was just wondering, with all the talk of falling house prices, whether walking away and starting afresh might be one solution. It all depends how long ago you bought the house though I guess?
You need to find a good solicitor - ask friends, neighbours, shop-keepers, local business people who you can trust for advice for a good solicitor.
Do you have any insurance policy that allows you free legal talk with a solicitor on a telephone? Might be worth checking if any insurance policy you have gives you access to someone?This is not financial nor legal nor property advice. Consult a paid professional if in doubt.0 -
A more pressing matter is probably have you ever heard of paragraphs?"I'm not from around here, I have my own customs"
For confirmation: No, I'm not a 40 year old woman, I'm a 26 year old bloke!0 -
BitterAndTwisted wrote: »Have you taken any legal advice? Perhaps there's some way of establishing that they got you to sign docs that hadn't been fully explained to you, were not of sounds mind to understand what the consequences were and were therefore unaware of the risk you were taking.
Definitely speak to Mind, CAB or a solicitor. As well as challenging what you've signed, you might find that you're able to seriously hamper their attempts to sell the property in any timely fashion - strengthening your negotiating position.0 -
That is awful! It is nothing more than bullying. Seek legal advice, they can not be allowed to get away with this.
Good luck, hope you get it sorted out.0 -
Thank you all for your replies. A special thank you to tawse57, for the PM, which I can't seem to reply to. 0
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Get legal advice NOW.:cool:0
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