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Hello Jo. Some 10 years ago my age disallowed me from taking out a mortgage. A 'friend' agreed to purchase the flat on my behal with my money. I paid him a rental fee plus a management fee' to pay the mortgage.When I moved out of London the 'friend' rented the flat on my behalf and it was only when I required an irrevocable codicil to his will in order to ensure my heirs inherited my property that he procrastinated for over 3 years during which time I discovered he had taken out huge loans unauthorised by me using my property as his collateral. After many years of negotiation the property was sold leaving less than a quarter of the sale price. The 'friend' and his solicitors have agreed to pay me less than half the money to which I am entitled. In addition they are demanding a written agreement from me exonerating them both and demanding that they will not pay me unless I sign such an undertaking.I should add that I introduced the solicitor to the 'friend' and the solicitor organised the mortgage and despite the fact that the solicitor had acted for me prior to the introduction to the 'friend' the solicitor chose to act for 'friend' against me.
Please note that one of the typos in my 1st email should read I now live in Scotland.
Hello Jo C
1. I regard the matter as being a criminal fraud against me. Is this correct? If so what do I do?
2. I want (and need) the money urgently and cannot bring myself to meet the condition of my opponent's solicitor ie to exonerate the fraudster and/or his solicitor from any future action. Can you advise on what I should do?