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Scottish Trust Deed Forum
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Topic starter
31/12/2012 2:52 pm
Hi folks, I have a question regarding a mortgage payment. Due to a high bill for fixing my car we are really struggling to make this months payment. Our mortgage is with Barclays and we might be able to pay this months payment in installments over the next 24 months, which would be a lot easier. Can I check, am I breaching any terms of the Trust Deed if we were to do this?
Thank you!
31/12/2012 4:43 pm
Hi Nemo
You would not be breaching the Truist Deed in any way, however if you have receipts etc, it may be an idea to contact your trustee and see about missing a contribution payment and paying the mortgage. It would be less trouble all round I suspect.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
31/12/2012 5:35 pm
Yes I would contact your trustee with proof of the bills. Missing one contribution is better than playing catch- up for 2 years.
Shona is not currently posting in the Trust-Deed.co.uk forum.
Topic starter
31/12/2012 5:42 pm
Crisis averted.. I contacted barclays and they said it was ok for the payment to be a few days late. Phew!!
01/01/2013 1:19 pm
Sounds like good news Nemo1.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
