Son locked in tug of conflict over £2.5million mansion along with his father

A son locked in a bitter tug of conflict over a £2.5m mansion along with his multi-millionaire father has informed how he has been pushed to monetary destroy and despair by the ‘household at conflict’ feud.

Thomas Parker-Bowyer mentioned his life had been placed on maintain after being sued by his ‘towel tycoon’ father Michael who claims he has management over the disputed home.

He has needed to borrow £200,000, promote his dwelling and automotive to tackle his father who was as soon as concerned in Britain’s most poisonous divorce spending near £3m on authorized charges.

The dispute started in 2019 when Mr Parker bumped into monetary issues – a yr after his costly divorce – and confronted having his beautiful mansion re-possessed for failing to maintain up funds on a £1.4m mortgage.

Thomas says he provided to assist and took out a mortgage of £1.2m and pumped in £200,000 of his personal financial savings to cease his father from dropping the home.

The property title deeds had been legally transferred into Thomas’s identify as the brand new proprietor.

But when he mentioned he needed to promote the home his father insisted that he nonetheless had rights to dwell there.

Thomas, 32, is now being sued within the High Court by his father who insists a ‘constructive belief’ was created in order that he may proceed to dwell in the home set in two acres of land within the upmarket village of Bourne End in Buckinghamshire.

The ranch fashion dwelling boasts seven bedrooms, eight bogs, a cinema and a swimming pool with an adjustable flooring top.

The home is presently available on the market for £2.5m.

Speaking solely to Mail Online Thomas revealed the connection along with his 62-year-old father is so unhealthy that they now not communicate and can solely see one another after they face off towards one another later this yr in court docket for a 3 day listening to to find out possession.

Thomas mentioned: ‘I by no means needed any of this, however the home is rightfully mine. I’ve the title deeds and it’s registered in my identify.

‘My father has no authorized proper to the home.

‘I now not have a relationship with my father.’

The court docket battle is not going to be the primary time Mr Parker has been concerned in costly litigation.

Four years in the past he hit the headlines after racking the large authorized payments in a divorce from his second spouse Barbara as they fought over possession of an organization they ran supplying towels and bathrobes to high resorts and spas within the UK and Europe.

The warring couple had been slammed by a decide for spending nearly half their £6.6m fortune on legal professionals.

Mr Parker-Bowyer, who having bought his dwelling to fund the authorized combat and now lives along with his in-laws, mentioned he paid off the mortgage with the understanding the home could be his.

He denies any data of a belief that enables his father to dwell so long as needs, and says there is no such thing as a paperwork to help the the declare.

He mentioned the dispute has change into so acrimonious that he needed to report his father to the police.

‘He was coming spherical to our home and peering in by means of the home windows,’ mentioned Thomas.

‘I needed to name the police and he has been informed to keep away from us.

‘This has taken over my life. I needed to take out a second mortgage to pay the authorized payments and my repayments are actually £11,000 a month.

‘I’m being pushed into monetary destroy and though the home is up on the market, I ponder who will wish to purchase it after they know there’s a authorized combat happening.’

He added: ‘We had a fallout over how the companies we ran ought to proceed and it simply bought worse from there.’

To make issues worse Thomas mentioned he was a shareholder in a non-public medical follow that was run as household enterprise.

He mentioned the corporate Smart Medical Clinics – which offered non-public GP and dental appointments at 4 venues in London – was lately bought to BUPA for an undisclosed sum.

While different shareholders obtained a payout Thomas mentioned he has but to be paid by his father.

He mentioned different family members had lately splashed out on Aston Martins.

He mentioned:’ They have all purchased new vehicles, and I’ve needed to promote mine. My home in Ascot was bought and I’m now dwelling with my in legal guidelines.

‘Obviously I hope that the High Court will aspect with me as I’ve all of the paperwork to show I’m the proprietor of the home.

‘I believe my father likes authorized motion. There is a joke somebody mentioned that he’s on the High Court so usually he has his personal parking area.’

Mr Parker was on the centre of what was dubbed Britain’s messiest divorce when he cut up from his second spouse Barbara.

A decide mentioned Barbara Cooke, 58, and her husband had ‘utterly misplaced contact with actuality’ as they slugged it out over an estimated £6.6million fortune.

Mr Justice Holman mentioned the dispute was a ‘scandalous waste of court docket time’ and urged them to settle the case earlier than extra of their cash was spent.

The couple’s marriage had fallen aside after Mr Parker was accused of burning down his spouse’s £1m bungalow in 2009.

A decide discovered that, on the steadiness of possibilities, there was no clarification for the hearth ‘aside from it was set by individuals on the course of Mr Parker’. He was by no means prosecuted for arson.

The towel enterprise had been began by his spouse and was a hit with the corporate BC Softwear supplying towels to The Dorchester and different high resorts.

Mr Parker, who made his fortune from property developments, was made a director of the corporate alongside along with his sons Thomas and Eddie.

While the corporate flourished he had his personal helicopter and neighbours would see it circling over his dwelling known as Babbs – named after his spouse.