Welcome to the trust deed forum amccall83. I'm sorry to hear that you're experiencing these problems with your neighbours.

Do you expect that there will be a profit made from selling the property? If yes, could you estimate how much this might be please?

How much is your monthly payment into your trust deed?

I don't think your trustee will stand in the way of a profitable sale of your property at any stage, but the financial consequences for you may be different depending upon when any sale happens.

Hi and thank you! I have only lived in the property for 4 years with a mortgage and probably make £18000 if I can sell it for the same price or little more. My monthly repayments into my trust deed are around £260.

I assume if I get the go ahead the money I made over the years paying into my mortgage and selling the property would go into my trust deed if its sold within my last year of paying into it?

Hi amccall83,

Thanks for providing this extra information.

The legal minimum term of a trust deed is 4 years, though as in your case an additional term can be agreed between the parties (often in lieu of equity in a property).

It could be the case that, once you have completed the minimum four year term, you could sell the property and pay over only a fixed amount (equivalent to the remaining contributions) and keep the rest of any profit for yourself.

You'll defintely need to contact your trustee directly however in order to get clarity regarding your particular trust deed agreement and what the consequences of a sale after year 4 would be.

Hi

That's great and thank you for taking the time to respond. Greatly appreciate your assistance.

kind regards