Settlor's Purchase of Freehold

Trusts Discussion
1

A Settlor had settled her property into a Life Interest (Family Protection) Trust for the benefit of the Settlor in the usual way. The property was a leasehold.

She now has the option of purchasing the Freehold, but I’m not sure how easy this is. The property obviously belongs to the Trustees, not her. So does this make it impossible, or as simple as the Trustees exercising the option to purchase the Freehold instead?

The asset in the trust is defined as “All the Settlor’s estate or interest in or share of the property known as [address]”

Thanks in advance

Kam

2

The owner of the freehold (the trustees) would need to buy it. The settlor would presumably need to fund it with a further contribution or loan to the trust.