A Deed of Trust that doesn't affect the mortgage lender's security and doesn't require the lender's consent. When drawing up the Deed of Trust, your solicitor has an obligation to act in the best interest of you, their client, and also the mortgage lender during the purchase of property.
Because the Deed of Trust can be drafted either during the conveyancing process when you bought the property, or at a later date during your ownership, the question of whether your mortgage lender needs to be informed of the deed is one that only your Deed of Trust solicitor can answer. This is because each situation is different.