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Scottish Trust Deed Forum
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Topic starter
10/01/2015 11:40 pm
can a house be sold under a trust deed
10/01/2015 11:47 pm
Welcome to the forum gor.fow.
Possibly, but you'll likely need the consent of your trustee to do so.
What's the reason for wanting to sell?
Is there any equity in the property?
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
10/01/2015 11:56 pm
I have put submitted an offer on a house which my lawyer has found to have a trust deed attached is purchase feasible?
11/01/2015 12:00 am
Probably only if the seller's trustee consents I'm afraid.
They might have done so already though.
A subject for your lawyer to investigate for you.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
11/01/2015 1:47 pm
As long as it is a fair offer then I can't see any reason why the trustee wouldn't agree to the sale, gor.fow
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
13/01/2015 12:35 pm
Hi gor.fow
This is actually more common than you think. The main issue is that the Trustee would need to sign the disposition on behalf of the person in the Trust Deed and to do this, as mentioned above, would need to be satisfied that the price is a fair market value for the property.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
