ChatterBank1 min ago
Tennants in common, 1 co-owner deceased, the other dissapeared 20 years ago
Please read my previous post, but in summary, tennants in common, 1 co-owner dissapeared a week after signing mortgage. didn't pay anything towards mortgage, deposit or costs. There was no agreement as to shares of the property. the mortgage was signed 20 years ago. the other co owner (my late sister) died 4 years ago. The property was repossessed and has been sold, but the solicitors acting on behalf of the mortgage company are sending ALL the surplus fund to court. What is the quickest way to get this money paid to her estate and how long should it take?
The other co owner does not wish to be found for reasons detailed in my previous post.
The other co owner does not wish to be found for reasons detailed in my previous post.
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For more on marking an answer as the "Best Answer", please visit our FAQ.Hi ojread, nothing was written up by a solicitor at the time of sale re share percentages. As far as the missing persons' intent is concerned, there was a meeting with him, my 2 sisters and myself where he stated his intent was just to help.
I can prove everything else. Although I have lost contact with his estranged wife, there have been 2 attempts to trace him using investigation bureaus (one by the Estate and one by the mortgage company), there is third attempt under way now by the solicitors holding the surplus. I also have a letter from my late sisters solicitors from 1998, (7 years after purchase), where she had instructed them to find him, and where it states that he had not contributed in any way shape or form. I also have charge certificate from when property was owned by our parents in 1970
I can prove everything else. Although I have lost contact with his estranged wife, there have been 2 attempts to trace him using investigation bureaus (one by the Estate and one by the mortgage company), there is third attempt under way now by the solicitors holding the surplus. I also have a letter from my late sisters solicitors from 1998, (7 years after purchase), where she had instructed them to find him, and where it states that he had not contributed in any way shape or form. I also have charge certificate from when property was owned by our parents in 1970