Hello All
my house sale completed 9 months ago under pressure and duress.
i put it up for sale via estate agent. Near exchange I called to inform them to pull out of sale as I cannot find another house to move into. The manager said he needs to meet with me and came home. He threatened me if I dont sign the contract now my life and kids will be in danger and witnessed my signature on the deed by force.
after that I had to look for another house alternative under a panic and asked to postpone the exchange. The manager sent me an email with economic threat of charging me 75 percent of their commission if the sale fail through; the buyer threaten then to pull out if
1- i dint exchange on the date they want
2-dont sign me to sign a liability statement of £20k if i dont exchange by the date the want.
The agency pushed me to sign this statement and buyer sent this statement my solicitor but it was not sign.
under multiple push and pressure from the agency i had to exchange before securing my purchase and accepting sale with decreased value of £200k less than the agency valuation.
i was stressed and worried from the agency threatens of my life and kids life and pressure of both agency and buyer who worked together to write statement of financial liability and try to have it signed by me and left home
now i am a bit better and realize that because I was not well at the time the agency worked with the buyer to force the sale and caused me financial losses
I tried to get my house back from the current owner but agency said they want £300000 extra and-put my deposit in the agency account. I refused. I contacted the buyer and they agree to proceed but then they declined when bank called them for valuation snd were very rude
in conclusion , can i get my house back as sale was completed under pressure and duress by both agency and buyer?
the agency was hand in hand with the buyer and interested in taking to house undervalue fir the buyer.
it seems that the buyer has a kind of relationship with the buyer and additional benefit from completing the sale