Have you tried looking at the value of your property on Zoopla Ros?

I can get an estimation of the value of my home running from 2009 to the current time on that website.

This might give you an indication about whether your property was likely to have increased in value much during the six months between the times that you entered trust deeds.

If the property doesn't appear likely to have increased in value much then, and if you believe that the new valuation is too high, investing in your own retrospective valuation might be a smart move.

Valuations aren't a science, they're a viewpoint. It sounds as though your trustee is open to an alternative professional viewpoint if it can be provided and it backs up your position.

Thank you I will have a look :))

Could you let us know what you find out Ros?

I only discovered this source of potential (and free!) retrospective valuation guidance very recently.

TD been in contact today - looks like they are going to take everything plus they have added on £6K feed to both myself and my husband. We have been so mis informed. Are we better - and can we put the house on the market and sell it? :((

What did you mean by your last post - sorry ?? Thanks so much

The trust deed document that both my husband and I signed with the trustee had a valuation of £120k on it. Is this not a legally binding contract. Zoopla have no real similar properties sold around the time of signing - probably to do with the recession. Properties only starting to move here in the last six months or so - even then still really slow. Do you have any suggestions what the best way forward. Thanks and sorry for rambles.

Our house was also signed over in trust to my father in law at the start - does this make any difference to anything?

Hi Ros

When you say it was signed over in trust, was this carried out before the trust deed was signed and was this registered against the title of the property.

Mark

This was done after the TD was signed - as to whether it was signed against the title deeds I am unsure, we were advised to do this for extra protection - I will get docs together and Advise. What is the best way forward for us.

Just checked policy - it appears to be a trust that should one of us die, any money we get is protected - and can't be taken by the TD

You may want to take legal advice on the validity of that Ros.

Your significant assets (including equity in your home) will have vested in the trustee at the point that you signed the trust deeds.

I can't see how it's possible to reverse that by signing over the property to someone else afterwards. However, I'm not legally trained so you should take the relevant advice from someone who is.

Reading this again Ros, is this regarding your property or is it regarding life insurance policies?

Hi TD it's for life insurance policies - critical illness - death in service. Sorry my mistake thought it was property but checked documents. Thanks

OK, thank you.

That makes more sense. There is a way to write life insurance policies that would prevent the pay out going to a trustee.

After a long and worrying time, I have spoke to APEX. Out PTD were originally with RSM Tenon who xferred them to APEX, when they reviewed our files it appears there are anomalies, the surveyor that we used is not registered with the relevant body and because of this they will not use the original valuation. This is not our fault, and why would RSM Tenon not have been aware of this or checked this. It appears that we are not the only PTD that has an issue from RSM - do you have any thoughts on this, of any advice that you can offer thanking you again.