Ƶ

Future Advance Deed Of Trust for the United Kingdom

Future Advance Deed Of Trust Template for England and Wales

A Future Advance Deed of Trust is a legal instrument used in England and Wales that creates a security interest in real property to secure both present and future obligations. It enables a borrower to obtain additional funding under the same security instrument without executing new documentation for each advance. The document establishes the terms for future advances, priority arrangements, and the trustee's powers and duties under English law.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Future Advance Deed Of Trust

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Future Advance Deed Of Trust?

The Future Advance Deed of Trust is commonly used in England and Wales when parties anticipate the need for multiple advances of funds over time, secured against the same property. This document type is particularly valuable for construction projects, property development, or business expansion where funding requirements evolve. It provides a framework for securing future advances without the need for new security documentation, while maintaining priority rights under English law. The deed establishes the maximum secured amount, conditions for future advances, and the trustee's role in protecting both lender and borrower interests.

What sections should be included in a Future Advance Deed Of Trust?

1. Parties: Identification of grantor, trustee, and beneficiary

2. Background: Context of the trust creation and purpose

3. Definitions: Key terms used throughout the deed

4. Trust Property: Description of property subject to the trust

5. Future Advance Provisions: Terms governing future advances and their security

6. Trustee Powers: Scope of trustee authority and responsibilities

7. Security Provisions: Terms of security interest and enforcement

8. Execution: Signature blocks and attestation

What sections are optional to include in a Future Advance Deed Of Trust?

1. Insurance Requirements: Property insurance obligations - include when property requires specific insurance coverage

2. Co-trustee Provisions: Rules for multiple trustees - include when multiple trustees are appointed

3. Successor Trustee Provisions: Process for trustee replacement - include when succession planning is required

What schedules should be included in a Future Advance Deed Of Trust?

1. Schedule 1 - Property Description: Detailed legal description of trust property

2. Schedule 2 - Secured Obligations: Details of existing and potential future advances

3. Schedule 3 - Permitted Encumbrances: List of allowed liens or encumbrances

4. Appendix A - Form of Advance Notice: Template for requesting future advances

5. Appendix B - Priority Agreement: Terms governing priority of advances

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Publisher

Ƶ

Document Type

Trust Deed

Cost

Free to use
Relevant legal definitions


































Clauses






























Industries

Law of Property Act 1925: Primary legislation governing legal estates and interests in land, including requirements for creation of trusts of land

Trustee Act 2000: Defines trustee's statutory duties and powers, including investment powers and delegation authority

Land Registration Act 2002: Sets out requirements for registration of charges and priority rules for subsequent advances

Financial Services and Markets Act 2000: Outlines regulatory requirements for trusts involving regulated financial activities

Land Registration Rules 2003: Secondary legislation detailing procedural requirements for land registration

Trusts of Land and Appointment of Trustees Act 1996: Defines powers and duties of trustees and rights of beneficiaries

Common Law Principles: Establishes fundamental principles regarding formation of trusts, trustee duties and obligations, and future advances doctrine

Equity Principles: Covers fiduciary duties, constructive trusts, and resulting trusts in equity law

Money Laundering Regulations 2017: Provides regulations for preventing money laundering in financial and property transactions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Trust Deed Variation

An England & Wales legal document modifying trust terms under the Variation of Trusts Act 1958.

Download

Property Trust Deed

An England & Wales legal document establishing trust arrangements over real property, detailing interests and trustee powers.

Download

Deed Of Trust Note

A legal contract in England & Wales outlining terms for the sale and transfer of property ownership.

Download

Home Equity Conversion Deed Of Trust

A legal document under English and Welsh law that secures a reverse mortgage or equity release arrangement through a trust structure.

Download

Unreleased Deed Of Trust

A legal document under English and Welsh law establishing an active trust arrangement where trustees hold assets for beneficiaries, pending formal release.

Download

Revolving Credit Deed Of Trust

An English law document establishing a trust structure to secure revolving credit facilities, combining lending arrangements with security held in trust.

Download

Note Secured By Deed Of Trust Straight Note

An English law governed secured promissory note utilizing a trust structure to hold security for the benefit of the lender.

Download

Money Trust Deed

A legal document under English law establishing a trust for managing monetary assets and defining trustee powers and beneficiary rights.

Download

Joint Tenancy Deed Of Trust

A legal document under English and Welsh law establishing trust arrangements between joint property owners and defining their rights and responsibilities.

Download

Home Equity Conversion Second Deed Of Trust

A security instrument under English and Welsh law that creates a second charge over property for home equity conversion loans.

Download

Existing First Trust Deed Loan

A legal document under English and Welsh law establishing a first-priority security interest in real property through a trust arrangement.

Download

Deed Of Partial Reconveyance

A legal document under English and Welsh law that releases a specific portion of mortgaged property from the original mortgage security.

Download

Commission Approved Deed Of Trust

A legally binding trust document approved by the Charity Commission under England and Wales law, establishing trustee obligations and beneficiary rights.

Download

Absolute Trust Deed

A legal document under English and Welsh law creating an irrevocable trust arrangement for permanent transfer of assets to beneficiaries.

Download

Trust On Death Deed

A legal document under English and Welsh law that creates a trust taking effect upon death, transferring property to beneficiaries while maintaining settlor's lifetime control.

Download

Deed Of Trust Beneficiary

A legal document under English and Welsh law that establishes beneficiary rights and entitlements within a trust arrangement.

Download

Second Deed Of Trust Promissory Note

A legal instrument under English and Welsh law creating a secondary secured interest in property, combining a promissory note with a deed of trust.

Download

Short Deed Of Trust

A concise legal document under English and Welsh law establishing a trust relationship and defining asset management responsibilities.

Download

Reverse Mortgage Deed Of Trust

An English law deed creating a trust arrangement to secure a reverse mortgage loan, establishing rights and obligations between lender, borrower, and trustee.

Download

Grant Deed To A Revocable Trust

A legal instrument under English and Welsh law used to transfer property into a revocable trust structure, maintaining grantor control while establishing beneficial ownership.

Download

Grant Deed And Deed Of Trust

A legal instrument under English and Welsh law that combines property transfer with trust creation, establishing trustee duties and beneficiary rights.

Download

Future Advance Deed Of Trust

An English law security instrument that enables property-based lending with provision for future advances under the same security arrangement.

Download

Warranty Deed And Deed Of Trust

An English law document combining property transfer warranties with trust establishment provisions.

Download

Deed Of Beneficial Interest

A formal legal document under English and Welsh law establishing beneficial ownership rights where property is legally owned by another party.

Download

Declaration Of Trust Sole Owner

A legal document under English and Welsh law where a sole owner declares they hold assets in trust, establishing terms and beneficiaries.

Download

Quitclaim Deed Irrevocable Trust

A legal instrument under English and Welsh law establishing an irrevocable trust through complete release of property rights from settlor to trustees for beneficiaries' benefit.

Download

Wraparound Deed Of Trust

A legal instrument under English and Welsh law creating a trust arrangement that wraps around existing financing while enabling additional borrowing.

Download

Credit Line Deed Of Trust

An English law document establishing a trust arrangement to secure obligations under a credit facility.

Download

Joint Trust Deed

An English law document establishing a trust arrangement with multiple settlors, defining trustee powers and beneficiary rights.

Download

Deed Of Trust And Security Agreement

An English law document establishing both trust arrangements and security interests over assets, combining asset protection with security rights enforcement.

Download

Pocket Deed Of Trust

A simplified trust deed under English and Welsh law that establishes basic trust arrangements in a condensed format.

Download

Deed Of Advancement Terminating Trust

A legal document under English law that terminates a trust by advancing all assets to beneficiaries.

Download

Partial Claim Deed Of Trust

A legal document under English law establishing a trust relationship over a partial claim, defining trustee powers and beneficiary rights.

Download

Master Deed Of Trust

A legal document under English and Welsh law establishing the framework for managing trust assets and defining the rights and obligations of all parties involved.

Download

Deed Of Beneficial Ownership

A formal English law deed establishing and recording beneficial ownership rights separate from legal title to assets.

Download

Commercial Deed Of Trust

A legal document under English and Welsh law establishing a trust arrangement for commercial purposes, defining trustee powers and beneficiary rights.

Download

Charity Trust Deed

A legal document under English and Welsh law that establishes and governs a charitable trust, defining its purposes and operational framework.

Download

Seller Financed Deed Of Trust

A legal instrument under English law creating a trust arrangement where property sellers finance buyers through a trustee-held security arrangement.

Download

Personal Injury Trust Deed

A legal document under English and Welsh law establishing a trust to manage personal injury compensation while protecting benefit entitlements.

Download

Junior Deed Of Trust

An English law document creating a secondary trust arrangement, defining asset management and beneficiary rights under a subordinate trust structure.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it