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Wow, thanks very much for the all the advice folks it is much appreciated. I'll speak to my trustee over the next few days and see what the outcome...

The crux of the issue is that if it is considered an asset they would no doubt expect me to pay more, but if my relative does take out this loan and p...

Hi Kevin, Thanks for the reply. The car wasn't listed as an asset in 2013 when the PTD was set up, which isn't surprising as it was still owned ...

Hi TDA, Thanks for the prompt reply. I estimate the car's value to be just under £7000 due to low mileage and good condition.