Ƶ

Promissory Note Secured By Deed Of Trust for the United Kingdom

Promissory Note Secured By Deed Of Trust Template for England and Wales

A legal document governed by English and Welsh law that combines a promissory note with a deed of trust, creating a secured lending arrangement. The document evidences a debt obligation while simultaneously establishing a trust structure to hold security for the benefit of the lender. This arrangement provides additional security and protection for the lender while maintaining flexibility in the transfer of the debt obligation.

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
Promissory Note Secured By 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 Promissory Note Secured By Deed Of Trust?

A Promissory Note Secured By Deed Of Trust is commonly used in secured lending transactions under English and Welsh law where parties seek to combine the simplicity of a promissory note with the security of a trust arrangement. This structure is particularly useful when the debt may need to be transferred or when multiple lenders are involved. The document typically includes the principal amount, interest rate, payment terms, security details, and trust arrangements. It provides lenders with enhanced protection through the trust structure while maintaining the negotiability features of a promissory note.

What sections should be included in a Promissory Note Secured By Deed Of Trust?

1. Parties: Identifies the lender, borrower, and trustee with full legal names and addresses

2. Background: Explains the context of the loan and security arrangement

3. Definitions: Defines key terms used throughout the document

4. Promise to Pay: States principal amount, interest rate, and payment terms

5. Security: Details of the property or assets serving as security

6. Trust Arrangements: Specifies trustee powers, duties, and security holding arrangements

What sections are optional to include in a Promissory Note Secured By Deed Of Trust?

1. Prepayment Provisions: Optional section detailing terms for early repayment if permitted

2. Default Interest: Optional section specifying additional interest rate applicable on default

3. Insurance Requirements: Optional section detailing requirements for insuring secured property when security includes physical assets

What schedules should be included in a Promissory Note Secured By Deed Of Trust?

1. Property Schedule: Detailed description of secured property

2. Payment Schedule: Amortization table or payment details

3. Form of Transfer: Template for transferring the note to another holder

4. Security Documents: Copies of related security documentation

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 real property in England and Wales. Key for creating legal estates and interests in land, and establishing requirements for trusts of land.

Trustee Act 2000: Legislation defining trustee duties, powers, and investment obligations. Essential for understanding the responsibilities of trustees in the deed of trust.

Consumer Credit Act 1974: Regulatory framework for consumer credit arrangements. Applicable if the borrower is an individual, covering disclosure requirements and consumer protections.

Financial Services and Markets Act 2000: Regulatory framework for financial services. Relevant if the promissory note could be classified as a regulated financial instrument.

Common Law Contract Principles: Fundamental principles including offer, acceptance, consideration, and intention to create legal relations. Essential for the validity of the promissory note.

Trust Law Principles: Common law principles governing trusts, including the three certainties (intention, subject matter, objects) and trustee obligations.

Land Registration Act 2002: Legislation governing the registration of land and interests in land. Relevant if the security involves registered land.

Bills of Exchange Act 1882: Historic legislation establishing basic principles regarding promissory notes and other negotiable instruments.

Money Laundering Regulations 2017: Regulatory requirements for preventing money laundering in financial transactions. May be relevant depending on the nature and size of the transaction.

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