How much are Trust Deed fees?


Trust Deed fees are different for each case and depend on how much you are able to offer to your creditors each month. The amount you can afford to offer to your creditors is the amount you have left over at the end of the month after taking priority debt payments and essential living costs into account. If your home has equity (where the property’s value is greater than debts secured against it) in it then you may also be required to release some if you can afford to remortgage.

The amount you and your Trustee agree you can afford to repay each month (plus any equity, if applicable) is the only amount you’ll ever be asked to pay. Your creditors are effectively agreeing to receive less back so that your Trustee can take their Trust Deed fees for managing the arrangement.

There are a couple of exceptions to this general rule that you should be aware of before committing to a Trust Deed. If your home increases in value or if you are the beneficiary of a unexpected lump-sum payment that enables you to satisfy your debts in full, you may be liable to pay an additional amount to cover your Trustee’s fees. However, before you commit to the arrangement, all Trust Deed fees should be clearly set-out in your proposal, including fees that are based on projected increases in the value of your property.

Debt Advice Foundation is a registered UK charity offering free, confidential debt advice. If you need advice about Trust Deeds or would like to see if you qualify, please call the charity’s helpline to speak with a Advisor on 0800 043 40 50.