End of Trust deed -...
 
Notifications
Clear all

End of Trust deed - house sale

2 Posts
2 Users
0 Reactions
208 Views
(@sh1589)
Active Member
Joined: 5 years ago
Posts: 9
Topic starter  

Hi, Wondering if anyone could help me? I have came to the end of my TD term, but i still have a sum of £5.5k left to pay due to equity in my property and a car. Due to a marriage breakdown, could i sell my property to pay off the equity sum? Thanks



   
Quote
(@paulp)
Reputable Member
Joined: 2 years ago
Posts: 35
 

Hi SH1589,

The short answer is yes. However, you may need to engage with the Trustee to ensure this can be done smoothly. They will not discharge you until the equity agreement has been settled. Next step is seek input from your Trustee.

Hope it works out



   
ReplyQuote
Share: