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No there is no interest being charge on the loan and he has tried selling the bike for £7000 which it is worth. There was no paper work in the transaction and the money was transferred from bank to bank.
No she is not threatening any legal action and is all sugar sweet when my son keeps her informed but she is being malicious behind his back and this is causing problems with the business. She keeps saying to him that she understands the situation but would like some form of recommence on a regular basis which my son is unable to agree to. I understand how she feels and fully understand her reasoning but until he can sell the bike there is no possible chance of him giving the money back.