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Solicitor held my money for 20 years should I get interest on top of the capital amount

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  • BonaDea
    BonaDea Posts: 208 Forumite
    100 Posts Name Dropper
    Honestly, is the amount at stake worth the time and attention you are putting into this?  Unless the difference between what they are willing to pass over and what you're asking for is worth all this bother, I'd do as he says and treat it as an unexpected windfall.  
  • BonaDea said:
    Honestly, is the amount at stake worth the time and attention you are putting into this?  Unless the difference between what they are willing to pass over and what you're asking for is worth all this bother, I'd do as he says and treat it as an unexpected windfall.  
    Hi BonaDea 
    Thankyou for your reply …. It’s something I have wondered myself … but decided yes it is worth the effort … I’m certain that if I had held their money for 20 years they might have a few questions and want compensating 
    but understand your view 
    Thankyou I appreciate your thoughts and time 

  • MeteredOut
    MeteredOut Posts: 3,112 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 12 July 2024 at 2:09PM
    When we're possibly talking £1000 - £1500 in interest (based on the *very* rough calcs i previously did in this post: https://forums.moneysavingexpert.com/discussion/comment/80754098/#Comment_80754098 and the one after it), I'd say its worth it. It feels like its nearly at the end.
  • Grumpy_chap
    Grumpy_chap Posts: 18,306 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I think the OP could allow the returned from retirement Mr R a sensible period to make a sensible offer and if not satisfied at that point, for the sake of clarity, write headed "formal compliant" and set the eight weeks going before escalation is open.  The latest moves do indicate that the firm are now taking this seriously and may very well offer a sensible resolution that allows closure without further escalation or delay.
  • When we're possibly talking £1000 - £1500 in interest (based on the *very* rough calcs i previously did in this post: https://forums.moneysavingexpert.com/discussion/comment/80754098/#Comment_80754098 and the one after it), I'd say its worth it. It feels like it’s nearly at the end.
    Thankyou so much MeteredOut … it was a great calculation great post and very much appreciated …. Here’s hoping that we are near to the end … 
  • delilahdelilah
    delilahdelilah Posts: 53 Forumite
    10 Posts
    edited 25 August 2024 at 5:59AM
    I think the OP could allow the returned from retirement Mr R a sensible period to make a sensible offer and if not satisfied at that point, for the sake of clarity, write headed "formal compliant" and set the eight weeks going before escalation is open.  The latest moves do indicate that the firm are now taking this seriously and may very well offer a sensible resolution that allows closure without further escalation or delay.
    I think the OP could allow the returned from retirement Mr R a sensible period to make a sensible offer and if not satisfied at that point, for the sake of clarity, write headed "formal compliant" and set the eight weeks going before escalation is open.  The latest moves do indicate that the firm are now taking this seriously and may very well offer a sensible resolution that allows closure without further escalation or delay.
    I think the OP could allow the returned from retirement Mr R a sensible period to make a sensible offer and if not satisfied at that point, for the sake of clarity, write headed "formal compliant" and set the eight weeks going before escalation is open.  The latest moves do indicate that the firm are now taking this seriously and may very well offer a sensible resolution that allows closure without further escalation or delay.
    I think the OP could allow the returned from retirement Mr R a sensible period to make a sensible offer and if not satisfied at that point, for the sake of clarity, write headed "formal compliant" and set the eight weeks going before escalation is open.  The latest moves do indicate that the firm are now taking this seriously and may very well offer a sensible resolution that allows closure without further escalation or delay.
    Thankyou Grumpy Chap … yes certainly looks like it’s taken seriously now.  Mr R returned (as he’s doing a few hours here and there he says) so will look at this to sort as soon as possible.  Thank you for all you effort and advice 
    regards 
  • delilahdelilah
    delilahdelilah Posts: 53 Forumite
    10 Posts
    edited 25 August 2024 at 5:59AM
    Any advice please … it’s now been a month and I’ve heard nothing from Mr  x…. I feel like it might be time to ask if there is any movement … or should I wait another couple of weeks 
    thanks in advance 
  • silvercar
    silvercar Posts: 49,635 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Any advice please … it’s now been a month and I’ve heard nothing from Mr  R …. I feel like it might be time to ask if there is any movement … or should I wait another couple of weeks 
    thanks in advance 
    I’d take grumpy_chap’s advice, the sensible time for a response is now over. I would write a formal letter escalating.

    I think the OP could allow the returned from retirement Mr R a sensible period to make a sensible offer and if not satisfied at that point, for the sake of clarity, write headed "formal compliant" and set the eight weeks going before escalation is open.  The latest moves do indicate that the firm are now taking this seriously and may very well offer a sensible resolution that allows closure without further escalation or delay.

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  • Thankyou Silvercar 
    I will email asking for something to move forward this has been going on for some time now 
    again thankyou
    regards 

  • I have emailed them again to nudge things along they responded saying it’s just on hold a due to sickness …. Which I totally understand so I’m not pushing anything . 
    Again thankyou for your help 
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