Hello Bunny and welcome to the trust deed forum.

The fees for a trust deed will be deducted from the amount it is calculated is affordable for you to pay each month. You will not be asked to pay an additional sum for the fees.

RSM Tenon are one of the companies that we choose to feature on this site because we feel very confident that they provide a good and fair service. If you have questions or don't understand anything just ask away. I'm sure they will not pressure you in any way.

Being up to date with your debt payments so far will not be an issue.

Good luck with the meeting.

I think you have to look into a trust deed very carefully and make sure you have any questions you have answered before you enter into it. I also would like to say just because a company is featured on this site doesn't mean you wont have problems with them wilson andrews are featured and ive had nothing but problems with them as have many others on the forum.

Hi anniefun.

Wilson Andrews aren't featured by this site. The three companies featured in this forum, the profiles and the interviews are Philip Gill & Co (Mark), RSM Tenon (Kevin) and Henderson Loggie (Julie).

We acknowledge that there are a number of other very good providers of trust deeds out there as well. We also note that certain firms seem to attract regular poor feedback in this forum.

There is a list of insolvency practitioner firms on the site which includes Wilson Andrews. The purpose of the list is simply that we used to have a lot of questions about whether "so and so" firm that had contacted someone was a trust deed provider or an intermediary. That list isn't an endorsement of these companies on behalf of the site.

Irrespective of this, I completely agree with you that whatever company anyone speaks with about a trust deed they should not be rushed into signing anything until they are 100% certain that they understand everything and are comfortable with it.

apologies trust deed assistant i wrongly assumed the fact their company was on the list was a sign that they were in a way endorsed by the site. i just wouldnt want anyone to go through what i have been through. obviously the trust deed experts on this site know what they are talking about and give people the correct advice when needed i just wish i had known about them before i started my trust deed. i am now awaiting my final review with wilson andrews to be done again as they valued the wrong car and counted my supposed excess income twice nightmare..

Hi anniefun.

Thank you, but no apology needed.

Please do let us know how you get on with the review.

Thanks for the replies.

I just have a couple of more questions:

Would I be able to save whilst on a trust deed?
We are hoping to move into a flat next year but even though my Boyfriend would be paying the rent would we both be credit checked I am worried being on a trust deed will prevent us from renting?

Hi again Bunny.

Is it just you considering a trust deed or your boyfriend as well?

If it's just you there is nothing, in terms of the rules of a trust deed, to stop you from saving. However it might be difficult to save much as the budget that will be used to establish what money you need to cover your "reasonable" expenditure (and therefore what your trust deed payment will be) will not specifically contain any extra allowance for saving.

Your boyfriend will be able to save from his share of the household disposable income (assuming he isn't looking at a trust deed).

Being in a trust deed doesn't prevent you from renting a property. Credit searches may be done, but it will be up to the individual landlord to decide if they will accept you as tenants. A good reference from a previous landlord and being open about any financial issues that you are dealing with often goes a long way to reassure a landlord.

Having a lot of debt that hasn't been dealt with could be a concern as well when a credit search is done, some landlords might worry about the affordability of rent if there are large debt repayment commitments each month.

If your boyfriend rents the property himself all of these issues might be by-passed anyway.