News0 min ago
transfer of equity
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I have recently had a settlement sorted with my ex to pay him �10,000 for his share of my home and I have had to refinance to pay of my debts and get enough money for him. The solicitor who is dealing with this has said she will only issue a letter of undertaking if the loan went direct to her. Originally �10,000 was to go to her and the rest to me but she has issued a letter requesting the whole amount, which has caused problem with loan company's solicitors as they are not happy with this. I also had a written agreement that I continue to pay �100 per month to pay off my bill but have now been told that they will take this form the loan. The bill which I have only just received is �1,400 more than was mentioned in court, when the judge asked how much the costs of the court case so far so he could make a decision. Can you tell me what I can do about this or is this how it works
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This sounds a bit shady to me. Why would your solicitor request the whole amount? And why would the court establish one criteria and the loan company produce another result? I am somewhat unfamiliar with the court system in the U.K., but on the face of it, you might want to have someone else have a look at the dealings of this arrangement.
This sounds a bit shady to me. Why would your solicitor request the whole amount? And why would the court establish one criteria and the loan company produce another result? I am somewhat unfamiliar with the court system in the U.K., but on the face of it, you might want to have someone else have a look at the dealings of this arrangement.
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