Would greatly appreciate comments or suggestions regarding this matter.
I bought a house in 2006 (freehold). The property was
purchased from a developer which has gone into
administration. The solicitor that acted for both myself
and lender was intervened by the Law Society for fraud.
I have a mortgage on the property but did not take out the inital mortgage with the current bank.
But over that period I have discovered that the solicitor
claimed to have passed on a full title guarantee could not have done so as the owners of the land refused to sign
title over to the developers. At no point during the
conveyance was I informed of the above. In my opinion, the solicitor was clearly fraudulent and grossly negligent.
The Solicitors that acted for the Law Society could not
find any original copies of title and no certified or
notarized copies either.
The owners of the land are only prepared to offer a limited
guarantee and the bank are trying to force me to sign a limited title guarantee and seek to take me to
court to enforce this.
Am I in my right not to sign this as
a) FTG does not and never existed as land owners never
passed it on ?
b) How can I ensure I get a full title?
C) What are the implications if I accept or am ordered by
the court to accept a limited title?
d)I don't believe caeat emptor applies as I was induced to
buy this property based on the fraudulent/negligence/
misrepresentation of the solicitor?
e) what the implications if I continue not to have any title