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Bought building's Freehold, incidentally becoming flat below's landlord.
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"IIRC, Metro Bank and Skipton BS do offer them", thanks very much for the information!
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However, you will need to hope you will be dealing with a bank staff member who have direct knowledge and experience of these sinking fund statutory trusts, since such trusts have no enabling trust document detailing the terms of the trust.
I mention this, since one of the first thing these banks will ask for is a copy of the trust deed, which in your case will not exsist. You can only point to the section 42(a) statutory requirement.
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Very good point - thanks very much!
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