Land registry question

[Lucky4Seven]

My brother bought my late mother's house in September last year, and I have a very big concern.

I have obtained a copy of the Title Register, and it shows he paid £306,000 for the house.

However, he has only paid £193K into a Discretionary Trust, meaning a shortall of around £113K.

Could this be deemed as fraud regarding the missing funds, could this be a police matter, or what else can I do!?

[paulajayne]

What does he say about the shortfall?

[des8]

Many threads ago you mentioned your mother had taken out an equity release plan.
That money would have to be repaid out of the purchase price

[Lucky4Seven]

What does he say about the shortfall?

He's refusing to give the Trust Accounts so cannot see what's going on.

[Lucky4Seven]

Many threads ago you mentioned your mother had taken out an equity release plan.
That money would have to be repaid out of the purchase price

The overall figure of the Estate at Probate was almost £900K, the figures just do not tally up so far what has been provided, the Equity Release was £385K meaning there should have been a lot more money then £193K going into the Trust, brother is repeatedly refusing to cooperate for accounts.

We believe he's been giving distributions to the grandchildren going outside of the terms of the will trust hence why the no show for the accounts and why the figures dont tally.

[des8]

Well in that case , if you are convinced there are reasons to be concerned, you can apply to the courts for an order to produce the accounts as I believe was suggested earlier

[Lucky4Seven]

Well in that case , if you are convinced there are reasons to be concerned, you can apply to the courts for an order to produce the accounts as I believe was suggested earlier

Current solicitor is refusing to contact the Barrister for further advice. I believe the case comes under Schmidt v Rosewood which I have quoted.