Author: Katie

Perduco Law have been withholding my £65,000 settlement from my ex-partner for 5 weeks, with no timeframe for when my funds will be released. I was initially told I would receive the funds by 1st April 2025, following a stated 7–10 working day period for anti-money laundering (AML) checks. That date has passed, and I still have not received my money. The property deeds were transferred to my ex five weeks ago, so I no longer have ownership of the house or access to my share of the equity On 1st April, I posted a review reflecting my experience. The following day, I had a phone call with the firm’s Managing Director, Peter Pearcy, and my solicitor, Courtnay Chamberlain. In my view, the tone of the conversation was both aggressive and unprofessional. I was told that the forms required to release my £65,000 would not be provided unless I removed my review. Peter also said if I didn't remove the review Perduco Law would stop representing me and send my £65,000 back to my ex-partner's conveyancer (even though the deeds had been transferred into his name). I felt extremely pressured and intimidated into deleting my review. Both representatives assured me that if I removed the review, the funds would be sent by Friday 4th April. I removed the review, but the funds were still not released. Communication has been extremely poor since I engaged this firm. Phone calls frequently go unanswered and cut off after a minute, rather than placing you in a queue as most professional firms do in my experience. This has required me to make repeated calls in an attempt to get an update on my life savings, which I still do not have. As a result of this ongoing uncertainty, the firm’s continued failure to release my funds, and the pressure placed on me to remove my review in order to access them, I have been forced to take an extended period off work due to stress. I have repeatedly informed the firm that I am living in overcrowded, temporary accommodation and that this money represents my life savings. The firm continuously tell me someone from finance or compliance will update me and all their 'updates' consist of is we have no update for you - Perduco Law are holding my life savings how can you possibly not have an update on when I will receive my money?? I have received no proof of funds or confirmation where my money is or has been held for the past 5 weeks, there is no transparency with this firm. I was also told that the Managing Director, Peter Pearcy, would be in contact with me, yet I have not heard from him once since he asked me to remove my review in order to receive my funds. Date of experience: 01 April 2025 Updated 23 April 2025