Any defaults from the trust deed and the trust deed itself remain on your credit file for 6 years from the date the trust deed started.

Very few people can secure lending with only a 10% deposit,let alone someone who has a colourful credit history.

Thats the down side to the trust deed.

Get copies of the credit report from call credit,equifax and experian and see for yourself whats on them.

Good luck.

Paul

Hi chrish and welcome to the trust deed forum.

To add to plasticdafts comments, lenders do have a responsibility under the data protection act to ensure the information given to credit reference agencies is accurate.

If an account still shows with a balance owing they should update the file once a trust deed has been discharged. This isn't typically the responsibility of the insolvency firm to request this from the lender, and I'd suggest making direct contact with the lender to get this done. If they don't do it reasonably quickly you can use their complaints process and ultimately refer them to the Information Commissioners Office.

Sadly I agree with plasticdafts analysis of the mortgage market at the moment. I fear the fact that your daughters fiance has so recently been discharged from a protected trust deed might make getting a mortgage with a 10% deposit quite difficult I'm afraid. I hope I turn out to be wrong.

Thanks guys, a refreshed report is now available to them and having spoken directly to their prospective lender it looks like they are now quite willing to look at their application again! Fingers crossed.