Sorry completely misunderstood cos of the stuff re sibling disputes
what is the house to do with then?
TLDR - the house belongs to Aggy and his wife through the museum , but is held in trust by Linda as it her name on the mortgage . Linda has no legal right to allow people to live there without express permission of Aggy and wife . Money to open museum was mainly Aggy’s profits from the mortgage fraud he ended up in jail from and investment from his Mum through loans and stuff . They do not appear to have come from a wealthy family .
From what I can understand house was bought by Linda , on behalf of her mum who presumably was too old to get a mortgage .The museum was used to secure the mortgage - at this point Linda was a director and Aggy brother may have still been in jail or had been relatively recently released ( because of his involvement in mortgage fraud , his profits from which had partly funded the opening of the museum, alongside funding from mum, Linda and sister ). The informal family agreement was that Linda paid the mortgage payments, while her Mum paid her rent . The money from the rent came from museum takings . More loans were taken out against the museum which were used to refurbish the new house , including turning the top half into a unit in which the younger brother ( who has mental health and addiction issues , and at the time was living in a damp flat of his own ) was invited to live in . Some of the money got from the loans was also used to put back into the museum. At some point a storage unit was built at the property to hold gift shop stock , and the house was used as the head office/registered address for the museum. Takings from the museum were routinely taken to the house to be counted, banked , given to family members etc . The first bout of legal action came from Aggy John accusing his siblings of misappropriating some of that money . They retaliated alongside their mum, accusing him of misappropriating museum funds ( because at that point he was director of any of the various ventures associated with the museum and was acting as if he was) and of trying to take control of the business. Linda also tried to sue him to get his house he lived in, which like mums house, was under her name on the mortgage but the repayments came from company funds .The result of that was that Aggy was told to give his sisters 1 million each, to repay mortgage payments he owed to Linda ( the museum funds had been frozen when legal action started) and to take over the mortgages of both his house and the house his mum lived in as soon as possible because it was deemed by the judge that those properties were funded by the museum and been used for museum purposes which meant they were assets held on behalf of the museum. an agreement was made that mum would continue to live there . Aggy says Linda had said she would use some of her settlement to buy a new property for the vulnerable brother - Linda says this was an option that was brought up when she was asking for a £4 mil settlement and that when it became clear she wouldn’t be getting that amount had told Aggy he’d have to talk to vulnerable brother about sorting their own arrangements. Linda was made a trustee for the house , with the museum parent company being the beneficial owner . Importantly the trust deeds do not mention mum or brothers right to live in the house but it does say that Linda has no right to use the house or allow others to stay in the house without the explicit permission of Rollerteam ( aka Aggy and his wife). Another important fact is that Aggy got Linda to become a trustee without her having legal advice.
A few years before mum died , Aggy tried to get both his aunt ( who was now living there too and helping care for mum) and brother , claiming that they had no right to be there . Linda retaliated by saying the trust was null and void because she hadn’t been paid back for the mortgage as agreed, and tried to get Aggy and wife evicted from their house ( in Linda’s name held in trust for the benefit of the museum. Aggy claimed he didn’t have to pay her back because she had broken the clause of the trust by allowing for aunt and brother to live there without permission.
once mum died, Aggy instructed Linda that they were in a position to repay her in full for the house mum lived in, and to agree to the transfer of the house back to them . Linda agreed initially but then refused because she was told they required a tenant free transfer . All the legal action since then has basically been about that - conclusions were - does Linda have a legal responsibility to transfer the house free of tenants ( no) , do the people living there have permission of the museum to do so ( also no).
so the latest trial has been Aggy trying to evict his brother , because that’s what’s stopping Linda agreeing to the transfer . Aggy also appears to be in some financial trouble
thebankoflondonrainbowhonours.com
metro.co.uk
