If you have a mortgage on your property then, most likely, a Home Protection Trust (HPT) is not for you. Likewise, if you are considering equity
release in the future then a HPT is not for you.
Any disposition of a property (legal or equitable), which is subject to a
mortgage, is normally prohibited by the lender and so, unless your lender consents to the proposed transfer, you would likely
be acting in breach of your mortgage terms.
If you only have a small amount owing on your mortgage then our advice would
be to approach your lender in the first instance to see if they would be willing to consent to the proposed transaction. If not,
and you have sufficient other assets, you may need to clear any remaining small balance to enable you to proceed with a