Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

⛪ Mortgage agreement

Business activity

Secure monies owed

Why use a ⛪ Mortgage agreement?

A mortgage agreement is a contract between a borrower and a lender in which the borrower agrees to use their property as collateral for the loan. The agreement outlines the terms of the loan, including the interest rate, the repayment schedule, and the length of the loan.

This legal template, titled "Standard Legal Charge Over Property (Single Lender) under UK Law," pertains to a legally binding agreement between a borrower and a lender in the United Kingdom. The document outlines the terms and conditions surrounding the granting of a charge or security interest over a specific property owned by the borrower.

The purpose of this legal template is to establish a formal arrangement where the borrower agrees to pledge the property as collateral to secure a loan or credit facility provided by a single lender. The template ensures that the lender, who is usually a financial institution or an individual, has a legally enforceable claim over the property in case the borrower defaults on their loan obligations.

The document covers various aspects related to the charge over the property, including details about the property being charged, the terms of the loan, and the legal rights and responsibilities of both parties involved. It outlines the conditions under which the charge becomes effective, specifies the obligations of the borrower, and provides clarity on the lender's rights in case of default or breach of terms.

Moreover, this legal template is designed to comply with UK law, taking into account relevant statutes, regulations, and legal requirements that govern property charges and lending agreements in the country. Its purpose is to establish a fair and balanced contractual relationship between the borrower and lender, ensuring proper protection of the interests of both parties within the framework of applicable laws.

Ultimately, this template serves as a comprehensive and standardized document that can be used by lenders and borrowers in the United Kingdom as a starting point to draft a legal charge agreement over a property, incorporating specific terms and conditions as required by the unique circumstances of each transaction.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

Standard Agreement To Serve And Assign The Benefit Of A Claim For The Freehold Or Extended Lease (Leasehold House)

The Standard Agreement to Serve and Assign the Benefit of a Claim for the Freehold or Extended Lease (Leasehold House) under UK law is a legal template that outlines the terms and conditions of an agreement between two parties involved in a leasehold property transaction.

In the UK, a leasehold property refers to owning a property for a fixed period of time, while the land it is built upon is owned by someone else, known as the freeholder. In certain cases, leaseholders may have the right to acquire the freehold or extend the lease of their property.

This template agreement aims to facilitate the process by which a leaseholder, referred to as the "Assignor," transfers their right to claim the freehold or extended lease to another party, referred to as the "Assignee." The Assignee can be an individual or a company interested in acquiring the freehold or extending the lease.

The template agreement includes various sections that cover essential aspects of the agreement, including:

1. Parties: Identifies the Assignor and the Assignee by their names and contact information.

2. Property details: Describes the leasehold property involved in the transaction, including the address, current lease term, and other relevant information.

3. Assignment terms: Outlines the terms and conditions of the assignment, such as the price or consideration to be paid by the Assignee to the Assignor, the timing of the assignment, and any specific conditions or obligations.

4. Rights and obligations: Specifies the rights and obligations of both parties throughout the assignment process, including any warranties, indemnities, or responsibilities that need to be fulfilled.

5. Governing law and jurisdiction: States that the agreement is subject to UK law and any disputes related to the agreement will be resolved through the appropriate UK courts.

By utilizing this template agreement, both parties involved in the transaction can establish a clear understanding of their rights, obligations, and the overall terms of the assignment. It provides a legal framework for the transfer of freehold or extended lease claims, ensuring a smooth and transparent process under UK law.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
4
RATINGS
0
DISCUSSIONS
2

Standard Application For Skilled Worker To Change Employer (Letter To Home Office)

This legal template, titled "Standard Application for Skilled Worker to Change Employer (Letter to Home Office) under UK law," is designed to facilitate the process of an individual's application to change their employer while working in the United Kingdom as a skilled worker.

The template most likely includes various sections that capture essential details required by the Home Office. Firstly, it would likely start with an introductory note, addressing the appropriate authority and providing relevant background information, such as the applicant's personal details, including full name, address, nationality, and immigration status.

The template would then typically progress to a section where the applicant explains their intention and rationale for seeking a change in their employment. They may detail reasons such as career growth, improved working conditions, better remuneration, or other compelling justifications. The individual may need to outline the specific job role and responsibilities within their new employment and provide details regarding the prospective employer, including their contact information.

Additionally, the template may include sections where the applicant describes their current employment situation, including their current job role, employer details, and the terms and conditions of their existing employment contract. It might also require the individual to indicate their employment start date, duration of employment, and their salary.

To support the application, the template might guide the individual on providing relevant supporting documentation, such as a copy of their current employment contract, evidence of any qualifications or certifications necessary for their new role, and any relevant references or testimonials from their current employer or colleagues.

Throughout the template, there may be specific statements affirming the applicant's legal compliance, such as their knowledge of the underlying rules and regulations associated with changing employment as a skilled worker under UK law. The template may also include a declaration that all the information provided is accurate and complete to the best of their knowledge.

Lastly, the template would likely conclude with space for the applicant's signature, date, and contact details. It may also provide information on where and how to send the application to the Home Office for consideration.

Overall, this legal template provides a standardized structure and format to guide skilled workers in the process of applying to change their employer in the United Kingdom, ensuring that their application meets the necessary legal requirements under UK law.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
3
RATINGS
0
DISCUSSIONS
1

Social Media Strategist Contract

This Social Media Strategist contract template is designed for a commercial social media strategy organisation (or an individual social media strategist) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of social media strategy and social-media-strategy-related services to be completed by the social media strategist on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the social media strategy firm or individual social media strategist on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).

Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
2
RATINGS
2
DISCUSSIONS
1