Trust Deed Forum

I know the real big date is your own discharge but knowing the trustee has completed his work finally puts it behind us. I shall start work on the lat...

Make sure you have something in writing regarding equity as its not unusual for companies to expect a home to be valued near the end of a trust deed ...

I think many companies will try to offset ppi claims against debt write offs until someone challenges this in court. Not sure of the rights and wrongs...

Not a problem. Happy to share any information or knowledge I have gained since taking on the trust deed. Paul

I assumed the mortgage is joint? Any equity in the property is likely to be wanted by creditors(or at least your share of it, if the mortgage is joint...

It would be too easy for people to pretend they didn't own land etc by saying they didn't pay for it but we're down on the title deeds. Paul

Best to just keep them informed. Are you expected to release your share of equity at the end of the trust deed? Paul

Yes ppi seems to have delayed things, even though we insistehd we never took any(which was proved to be correct after several months). P boy, anyon...

I thought you were advertising your hubby for loan!! It's up to hubby if he borrows, your trust deed may be reflected on his credit rating if you h...

I am still waiting for confirmation of my trustees discharge. Paul

quote:Originally posted by fifi I must admit when I moved my bank I didn't actually tell them I was about to enter a trust deed. Went to the Clydesda...

If you are happy with a firm by all means praise them on the forum. That way others thinking of a td get a balanced view of good and bad. Well done...

I am surprised you were allowed an account with an overdraft? Paul

I believe statutory interest is 8% but stand to be corrected on that. Paul