Michael and Carol Gatt lived in £4m estate once coveted by Hugh Grant
But developers were left living in bungalow in shadow of former home
They claim Barclays wrongly ruined their credit rating without telling them
To pay off debts couple sold off Ferrari, Bentley and BMW X3


Once they lived in the splendour of a £2million country house in the Cotswolds, with a Ferrari, Bentley and BMW in the garage. These days property developers Michael and Carol Ann Gatt are effectively penniless. The couple lost their business, their home and almost everything they owned because of what they say was a simple banking error. They are suing Barclays for more than £3million for bringing them to ‘complete ruination’ The Gatts, both 65, claim the bank wrongly told credit reference agencies that Mr Gatt was over his agreed overdraft limit, ruining their credit rating and killing their business. GLN Holdings Ltd, the Tunbridge Wells-based development company they ran for 22 years, subsequently collapsed. The couple, who have been married for 44 years, were forced to sell their home, Melksham Court, at a loss. Much of their furniture was sold off as well as their fleet of luxury cars. They had to move into a bungalow owned by their son on the boundary of the Melksham Court estate in Stinchcombe, near Dursley, a stone’s throw from their former home. ......Read more HERE