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Scottish Trust Deed Forum
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Topic starter
03/02/2022 8:31 am
Hi
I was discharged from my trust deed in June 2020.
I am hoping to get a mortgage next year when it falls off my credit report.
My wife has a mortgage in her name with halifax but hoping to move with both our salaries.
Has anyone had success with halifax after discharge?
On there lending criteria website it says:
The Credit History question should be answered as ‘Yes' if any customer has had a Bankruptcy / IVA / Debt Management Arrangement or Debt Relief Order which was:
Registered within the last 6yrs (whether now completed or not)
Or
Is still outstanding (whenever this was registered)
If a Bankruptcy / IVA / Debt Management Arrangement or Debt Relief Order was registered over 6yrs ago and is no long outstanding, the question can be answered as ‘No'
Does this mean I don't need to tell them I was in a trust deed?
Many thanks in advance!
03/02/2022 10:22 am
Hi SD1991
They don't specifically mention Trust Deeds, however I would say that if it was registered within the last 6 years then you should probably answer yes to this anyway. However, if it is more than 6 years since the Trust deed was signed, which I guess it will be after June, then it seems you should be fine to answer no.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
