Hi bluelemon peel

In summary, your trustee will need to assess the equity based on actual valuation less mortgage balance. This is not open to question and cannot be based on the estimated/guessed value of the property.

The important thing in this is what was agreed at the start. Hopefully it's based only on the original valuation and no further ones will be done.

In the unlikely event that the trustee sells the property then whatever is achieved from the sale is the total equity required to be paid. The net figure achieved is the maximum interest the trustee can have and he can't pursue you for anything else.

Unfortunately you can't change your trustee.

Mark