If you own your home, you’ll probably be expected to release any equity as part of your Trust Deed. Your mortgage is a secured loan so it’s important that you keep up with mortgage payments during the Trust Deed. If you’re in a Trust Deed with us and are struggling to make your mortgage or other priority payments, please get in touch on 0800 197 7211.
If you don’t own your home and are hoping to take out a mortgage, being in a Trust Deed can affect your chances of doing so.