Hi there!
I currently have a PTD and live in Edinburgh and pay £250 a month. I am moving to London with work in June and I am currently in the process of finding accommodation. As the cost of living in London is a lot more expensive for rent etc, could I ask the company I have the trust deed with if it was possible to lessen my monthly payments as I will be paying more out each month?
Thanx
kenny1781
Hi Kenny1781
I dont see any problem, although they will probably require a revised income and expenditure. Will your income increase?
If there is a deduction, they will need to extend the period.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Thank you Mark!
I will roughly get an extra £150 a month in London weighting, however, even with this extra monthly payment, my money will probably still be tight. I will give them a call and see what they say.
Thanx again!