Welcome to the forum penny1978.

The key point here, in terms of a trust deed at least, is that you do not appear to have acquired an asset.

However I'm not sure whether the question you're asking is necessarily relevant to trust deeds or to our area of expertise, if I'm reading it correctly.

Am I right that your question is whether there's a way to secure your occupancy of a property that is owned by your current partner, in the event that the owner (your partner) no longer wanted you to live there?

hi , yes sorry i, all over the place stressed out as i sign my trust deed tomo.

Well I'm very sorry to hear that you're feeling stressed penny1978.

Do you have concerns about the decision that you're making?

just a little uncertain ,
not for now as this is correct for my situation just now , but worried what my future will hold in regards to buying a car , or even being able to put my name on a mortagage ect will this mean i never progress in these ways.

and if partner bought a house i would be worried incase he was able to put me out as he can be volatile in this respect at the moment i live in a housing association , but he is looking to buying a house.

is ther any advice i could have regarding my future

Hi again penny1978.

If you have a read around the forum you'll find lots of success stories from people who have completed their trust deed and then moved on to accessing car and mortgage finance in the future.

Anything that goes on your credit file stays there for six years only. That means, for many people, within a couple of years of completing their trust deed, their credit file becomes clear of all of their past credit difficulties.

They also have the opportunity to build some positive credit history once they've completed their trust deed, if that's important to them.

From a credit rating and credit access point of view, things can certainly improve in the future.

In terms of your security of being able to remain in a home owned just by your partner, it seems likely you'll be less secure than if you remain in a home in which you're a named tenant. I'm afraid I'm not the best person to advise you further in this respect, as this type of housing issue is a bit off-topic for us.

I think you need to consider whether your alternatives are any better, Penny.

Presumably your debts are unmanageable just now, given that you are signing a Trust Deed. If that's the case then your credit rating is going to be affected one way or another. Either you will have to go into an insolvency procedure like a Trust Deed, or you will default on the contractual payments and set up a debt payment programme instead maybe - both will affect your chances of getting a mortgage.

It may even take longer to repair your credit rating if you go into a payment programme lasting longer than a Trust Deed would. And at least if the debts are clear after 4 years in a Trust Deed then you may be able to start saving for a deposit...

It's hard to be specific without knowing more detail about your situation though to be honest. If you would like a propersecond opinion and haven't already signed the Trust deed then please feel free to get in touch with one of us experts.