I purchased a house from someone who is a fraudster and is not the true seller after all. What do I do?
You buy a property. You use solicitors or licensed conveyancers for the intended purchase.
The seller of the property also has solicitors or licensed conveyancers for the intended sale.
You found the property for sale through local estate agents.
You have inspected the property and met with the intended seller.
A price is agreed. Contracts are exchanged. There is no mortgage or any charges on the property.
Completion takes place. Your monies are transferred over to the seller’s solicitor.
You then receive a call from the Land Registry to say that…the title cannot be registered because the person purporting to sell the property, is not the actual seller. It is a fraud, and the purported seller is a fraudster. Horror of horrors!
It is a criminal matter, you say.