Yes it was to stop the equity increasing further.
The past 2 months I have been calling IFA's and brokers and realised we could have re-mortgaged to consolidate debts and then have a debt repayment pl...
Yes, after we had signed the trust a valuation was done which confirmed we had equity. The £500 was to protect future equity.
Yes to my mind it should never be relied upon to get a remortgage to pay the lump sum and the IP should have known that. As we all now know there is n...
I'm afraid it does. We had our property valued and it came back much higher than we expected. We argued about this but to no change as we had only m...
Hi, we entered the trust deed in May 2010. Combined we are paying £550 per month. I have emailed the company who deal with our Trust. I have e...
Hi, they are looking for £35k.
I obviously realise no-one has a "crystal ball" or knows what can happen in the next twelve months... I was more looking for someone with experianc...
Are there no rules to govern this? There seems to be rules for everything else? Is there anyone on here who can provide a legal standpoint?
Is it likely they will reduce the equity sum to be paid back? Is it something that does happen, or is it just an idea?
Hi, we are nearing the end of our third year in our trust deed. We have to pay a substantial lump sum which more or less depends on either re-mortgagi...