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Scottish Trust Deed Forum
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Topic starter
18/01/2019 10:12 am
I received a letter due to it being the third anniversary of my trust deed and at the end of the letter it says
“Please may I remind you that alongside your planned voluntary contributions, it is also important that you consider the option available to you to contribute the additional expected assets that are part of the trust deed before the trust deed can be completed. In addition to voluntary contributions , the realisations proposed were funds from property equity”
What does this actually mean? I was told that if I pay the extra year of payments that the property was safe from the trust deed.
18/01/2019 11:07 am
Look at my post 'Endowment Mortgage' posted on the 16th. Maybe some answers there to help.
Floss
Topic starter
18/01/2019 11:17 am
Thank you. We don’t have an endowment policy and still have 25 years outstanding so I think it might be different.
Topic starter
18/01/2019 1:58 pm
Apparently it’s a standard letter. Is that not ridiculous. Was going to del#8203;ete the post but apparently it’s a common enquiry.
18/01/2019 5:15 pm
Hi Penny1286.
Sorry... I'm late to this today.
I'm glad that you've already heard that this is a "standard wording" issue.
These things do come up quite often and cause confusion.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
