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Amending a deed of trust

Hi
My partner and i have a deed of trust as he had a higher percent of the deposit.
I would like to know pay him a lump some and have the amendments to the deposit changed in the deed of trust.

Is this something that we can do

Thanks

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If both parties agree to the change anything is possible.
  • TBagpuss
    TBagpuss Posts: 11,237 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you agree, yes.
    You would simply need to do a new, updated trust deed,.
    There would only be an issue of you and he can't agree on how much you transfer to him, or what the new % shares should be.
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
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