Welcome to the trust deed forum Leighboyd1.

You will receive the surplus funds, but it's important to understand how that surplus is calculated.

A trust deed only writes-off the debt that you cannot afford to repay. So, if you sell your home, your trustee will gather in all of the following:

1 - The full amount you owed at the start of your trust deed.

2 - Interest on those debts since your trust deed began.

3 - Their own fees and costs.

What you have paid already will count towards this total, but this total is likely to be many thousands of pounds more than you owed when your trust deed began.

Leighboyd1

One of the conditions of entering a trust deed is that your assets are conveyed to the trustee. This temporarily removes your assets from your control.

If you are looking to sell the property, please speak with your Trustee as they will have to appoint a solicitor and marketing agent as you will not have the legal right to do so.

If the property is sold, then the net free proceeds are remitted to your Trust Deed estate. If the property is jointly owned, then the joint owners share is remitted to them.

As TDA advises If the funds are sufficient to pay the fees and outlays of the trustee and allow for repayment of your debt and statutory interest then yes, any surplus proceeds will be remitted to you.

My advice is to speak with your trustee and ask for a full cost recovery breakdown.

P