Change of home outg...
 
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Change of home outgoings

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(@scotslad)
Estimable Member
Joined: 14 years ago
Posts: 157
Topic starter  

Hi guys,

I am due to move in with my girlfriend from an overpriced housing association flat to a private flat on April 5th.

I have contacted my IP and let him know that the change will be happening and I think that it will lead to me being able to contribute around about £20-£50 extra per month to my TD.

I haven't had a reply in over a week so I'm asking here:

Will they do a review immediately based on my 'best guesses' for what the outgoings will be? Or will they do the review as planned at the end of June, beginning of July?

I worry if they do it based on estimates they will be inaccurate.

Thanks in advance...


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Hi Scotslad.

I'd guess that your trust deed company will prefer to use real numbers rather than estimated ones, perhaps at the usual review date.

If you find yourself experiencing reduced costs prior to your review it might be best to set something aside to cover any increased contribution assessment retrospectively made from April 5th onwards.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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