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Scottish Trust Deed Forum
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Topic starter
29/08/2020 4:32 pm
Hello,
Looking for some advice. I am due some inheritance soon which will cover our outstanding balance on our DAS. As it will be a lump sum can I ask for a settlement figure or will be the full outstanding balances?
TIA
02/09/2020 9:00 am
Hi Kamboomba
Yes you can clear off your DAS early if you wish. This involves a variation to reduce the term and is now automatically approved.
If you have a Continuing Money Advisor, speak with them to set the wheels in motion. If not, you may wish to speak to the DAS Administrator.
P