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Scottish Trust Deed Forum
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Topic starter
26/06/2019 10:54 pm
This May be a stupid question? But does anyone know what registers the solicitor check when buying a house? I’m in process of buying a house and everything seems to be going smoothly! And was advised by my mortgage advisor, that didn’t have to mention trustseed as it was more than 6 years from start date! Doesn’t show on any my credit files either, I’ve phoned register of insolvency and my name doesn’t appear on there anymore. Just wasn’t sure if there was another register they check? I’ve. Been dis charge over 2 years.
Thanks
26/06/2019 11:42 pm
If you've been asked about Trust Deed/Insolvency/Bankruptcy you must answer truthfully. Read the question carefully.
Topic starter
27/06/2019 12:04 am
Thanks but that doesn’t answer my question?? The company I going with states that as long as it’s more than 6 years from start date!!
27/06/2019 9:14 am
Hi Kylewi,
I think that the solicitors will be looking at insolvency records and the Register of Inhibitions.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
27/06/2019 11:58 am
Searches are made by search companies on behalf of solicitors.
Searches are made in register of inhibitions, and register of insolvencies.
You’ll be absolutely fine.
Topic starter
27/06/2019 12:41 pm
Thanks tinsoldier, do you know what the inhabitation register will say? Not wanting this getting knock back at the last hurdle. I’m no on the register of insolvency anymore, just wasn’t sure and will they even ask me about it thanks.
Topic starter
27/06/2019 1:14 pm
Thanks tinsoldier, do you know what the inhabitation register will say? Not wanting this getting knock back at the last hurdle. I’m no on the register of insolvency anymore, just wasn’t sure and will they even ask me about it thanks.
01/07/2019 10:21 am
When you enter a Protected Trust Deed an inhibition is registered against your name on the Register of Inhibitions. This means that you cannot sell a property without the Trustee's agreement. The entry does show that the reason for the inhibiton is due to a Trust Deed.
Then, just before you are discharged from your Trust Deed a further entry is regstered to say that the inhibition is no longer valid.
These entries will show if the solicitior searches back over that time period on the Register. However, it should have no effect on your purchase - in fact I'm not sure that the solicitor would search against your name if you are the purchaser - only if you are selling I would have thought. The solicitor is merely checking that there is no legal reason why a property cannot be sold.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
01/07/2019 2:29 pm
The purchaser is searched against too.
But the inhibition will be recalled; you will be fine. Trust me!
Topic starter
01/07/2019 10:18 pm
Thanks again tinsoldier and thank you Kevin. It’s been annoying the he’ll out me, feel alot better now knowing this information #128588;
02/07/2019 5:34 pm
Hi,
As others have said things should be fine if you completed the Trust Deed a number of years ago.
Good luck with the house purchase and for the future.
For other people it just goes to show that there is life after a Trust Deed, it’s just takes a little bit of time to rebuild things.
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