Mortgage Bill Of Sale for the United Kingdom

Mortgage Bill Of Sale Template for England and Wales

A Mortgage Bill of Sale is a formal legal document used in England and Wales that creates a security interest over personal property while allowing the borrower to retain possession. It must comply with the Bills of Sale Acts 1878 and 1882, requiring specific form and registration requirements. The document evidences the transfer of personal property as security for a loan or debt, with the lender having the right to seize the property upon default.

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
Mortgage Bill Of Sale

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

What is a Mortgage Bill Of Sale?

A Mortgage Bill of Sale is essential when creating security over personal property in England and Wales while allowing the borrower to maintain possession. This document type must strictly comply with the Bills of Sale Acts and requires registration at the High Court within seven days of execution. It's commonly used for high-value movable assets and must include specific details about the property, parties, and loan terms. The document provides lenders with security while allowing borrowers continued use of their assets, though it's becoming less common due to modern financing alternatives.

What sections should be included in a Mortgage Bill Of Sale?

1. Parties: Details of the mortgagor and mortgagee

2. Background: Context of the mortgage and property details

3. Definitions: Key terms used throughout the document

4. Property Description: Detailed description of the mortgaged property

5. Principal Sum and Interest: Amount borrowed and interest terms

6. Security Creation: Legal mechanism creating the security interest

7. Covenants: Borrower's obligations and promises

8. Default Provisions: Consequences of default and remedies

What sections are optional to include in a Mortgage Bill Of Sale?

1. Insurance Requirements: Specific insurance obligations, if required by the lender

2. Further Advances: Provisions for additional borrowing, if applicable to the lending arrangement

3. Assignment Rights: Rights to assign the mortgage, if permitted under the agreement

What schedules should be included in a Mortgage Bill Of Sale?

1. Property Schedule: Detailed property specifications and plans

2. Payment Schedule: Repayment terms and installment details

3. Insurance Schedule: Required insurance details and specifications

4. Registration Details: Information required for registration under Bills of Sale Act

Authors

Alex Denne

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

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Bill of Sale

Sector

Sales

Cost

Free to use
Industries

Bills of Sale Acts 1878 and 1882: Fundamental laws governing bills of sale in England and Wales, setting out requirements for registration and form of the document

Consumer Credit Act 1974: Regulates credit agreements and consumer protection, particularly relevant if the mortgage involves a consumer borrower

Financial Services and Markets Act 2000: Regulates financial services and markets, relevant for mortgage lenders and their obligations

Law of Property Act 1925: Establishes fundamental property law principles and affects how security interests in property are created and enforced

FCA Regulations (including MCOB): Financial Conduct Authority regulations including Mortgage Conduct of Business Rules, covering consumer protection requirements

Land Registration Act 2002: Sets out requirements for registration of charges over land

Consumer Rights Act 2015: Governs fair terms in consumer contracts and transparency requirements

The Goods Mortgages Bill: Proposed but not enacted legislation relevant for potential future reforms in mortgage law

Electronic Communications Act 2000: Relevant for electronic execution considerations in mortgage documentation

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

Car Sale Receipt

A legal document under English and Welsh law that records the sale and transfer of ownership of a motor vehicle between parties.

Download

Horse Bill Of Sale

A legal document under English and Welsh law that records the sale and transfer of ownership of a horse between parties.

Download

Transfer Bill Of Sale

An England & Wales legal document evidencing the transfer of ownership for valuable personal property.

Download

Pleasure Craft Bill Of Sale

An England & Wales legal document evidencing the transfer of ownership for recreational vessels and ensuring compliance with regulations.

Download

Online Bill Of Sale For Car

An England & Wales legal document for electronic vehicle sale transactions, detailing ownership transfer and compliance requirements.

Download

Mortgage Bill Of Sale

An England & Wales legal document securing loans with personal property while allowing borrower possession.

Download

Generic Sales Receipt

An England & Wales document recording retail transactions, detailing purchase specifics, VAT, and payment for legal compliance.

Download

Certificate Of Sale Car

A formal complaint document in England & Wales detailing grievances against a manager, following ACAS guidelines.

Download

Cat Bill Of Sale

An England & Wales legal document reporting financial fraud to initiate police investigation and potential fund recovery.

Download

Business Bill Of Sale

An England & Wales legal document formally addressing consumer disputes and seeking remedies through specified legal channels.

Download

Bill Of Sale Receipt

An England & Wales formal complaint letter addressing unresolved student behavioural issues to school leadership.

Download

Bill Of Sale For Dog

A formal complaint document in England & Wales reporting neighbor's criminal or anti-social behavior to the police.

Download

Bill Of Sale For Car Without Title

A formal complaint document for initiating an Ombudsman investigation in England and Wales.

Download

As Is Bill Of Sale For Car

A legal document used in England and Wales to transfer vehicle ownership on an 'as is' basis without warranties.

Download

Generic Bill Of Sale Printable

A legal document recording the transfer of ownership of goods between parties under English and Welsh law.

Download

Generic Auto Bill Of Sale

A legal document under English and Welsh law that transfers vehicle ownership from seller to buyer, recording sale details and conditions.

Download

Cash Bill Of Sale

A legal document under English and Welsh law evidencing immediate cash payment and transfer of ownership from seller to buyer.

Download

Home Made Trailer Bill Of Sale

A legal document under English and Welsh law that records the sale and transfer of ownership of a custom-built trailer.

Download

Basic Vehicle Bill Of Sale

A legal document under English and Welsh law that records and proves the sale and transfer of ownership of a vehicle between parties.

Download

Generic Simple Bill Of Sale

A legal document for transferring ownership of personal property under English and Welsh law.

Download

Land Bill Of Sale Form

A legal document under England and Wales law that transfers ownership of land from seller to buyer.

Download

Standard Bill Of Sale Form

A legal document under English and Welsh law that transfers ownership of personal property from seller to buyer.

Download

Outboard Motor Bill Of Sale

An English law document recording the sale and transfer of ownership of an outboard motor between parties.

Download

Printable Sold As Is Car Form

A legal form for selling vehicles 'as is' under English and Welsh law, documenting the vehicle's condition and sale terms without warranties.

Download

Motorcycle Bill Of Sale No Title

A legal document under English law evidencing the sale of a motorcycle without formal title documentation.

Download

Printable Bill Of Sale With Notary

A notarized legal document used in England and Wales to record and verify the transfer of ownership of personal property between parties.

Download

Printable Bill Of Sale For Boat And Trailer

A legal document under English and Welsh law that transfers ownership of a boat and trailer from seller to buyer, recording essential details and warranties.

Download

Standard Bill Of Sale For Car

A legal document used in England and Wales that records the sale and transfer of ownership of a vehicle between parties.

Download

Bill Of Sale For Side By Side

A legal document under English and Welsh law that transfers ownership of a Side by Side from seller to buyer, recording the sale terms and conditions.

Download

Bill Of Sale For Mobile Home Without Title

An English and Welsh law document transferring ownership of a mobile home without formal title documentation.

Download

Personal Bill Of Sale

A legal document under English and Welsh law that records the transfer of ownership of personal property between parties.

Download

Bill Of Sale For A Vessel Trailer

A legal document under English law evidencing the transfer of ownership of a vessel trailer, including sale terms and specifications.

Download

Bill Of Sale For Camper Without Title

A legal document under English and Welsh law evidencing the transfer of ownership of a camper vehicle when the original title is unavailable.

Download

Boat Sale Bill Of Sale

A legal document under English and Welsh law that transfers boat ownership from seller to buyer, serving as proof of purchase and documenting sale terms.

Download

Generic Bill Of Sale For Car

A legal document under English law that records the sale and transfer of ownership of a vehicle between parties.

Download

Bill Of Sale For Homemade Trailer

A legal document used in England and Wales to transfer ownership of a custom-built trailer, including specifications and proof of sale.

Download

Bill Of Sale For Kayak

A legal document under English and Welsh law that transfers ownership of a kayak between parties and records the sale terms.

Download

Vehicle Vessel Bill Of Sale

A legal document under English and Welsh law that records the sale and transfer of ownership of a vehicle or vessel between parties.

Download

Livestock Bill Of Sale

A legal document under English and Welsh law that records the sale and transfer of ownership of livestock between parties.

Download

Even Trade Bill Of Sale

A legal document under English and Welsh law facilitating the exchange of items of equivalent value between two parties.

Download
See more related templates

Genie’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; Genie’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

2 Docs LeftAccess Now