Entries on the RoI will fall off one year after your trustee has been discharged.

Entries about your trust deed on credit reports should fall off six years after the TD was signed. If they don't, you can ask for the credit report to be corrected.

Hi mapleleaf,

If your trustee has not been discharged, you should probably make this situation clear to your solicitor before the sale process goes through.

My understanding is that your trust deed will flag up when the insolvency test is done in these circumstances. The solicitor may need to make additional checks with your former trustee. I'm not sure to what extent this could/would involve communication with the lender also, so you might want to find out.

We've heard from people for whom this created a short delay in their purchase completing, but completion still took place.

Thanks TDA. They were discharged in Oct 2016 (not sure why it took them 2 and a half years!). As far as I'm aware, the solicitor is legally obliged to notify the lender, who may withdraw the mortgage offer.

Better to be safe than sorry and tell the lender than try and hide it, get discovered later on and have the whole process fall apart.

Is there a mortgage broker involved mapleleaf?

Definitely speak with them first if there is.