51Ƶ

Promissory Note And Deed Of Trust Template for England and Wales

A legal instrument combining a promissory note, which evidences a debt and contains a written promise to repay, with a deed of trust that provides security for the loan through a trust arrangement. Under English and Welsh law, this document creates both a binding promise to pay and a trust structure to hold and manage security for the benefit of the lender, offering enhanced protection compared to a standard promissory note.

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

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Promissory Note And Deed Of Trust?

The Promissory Note And Deed Of Trust is commonly used in England and Wales where parties seek to document a loan arrangement with additional security protection. This hybrid instrument combines the straightforward debt acknowledgment of a promissory note with the security benefits of a trust structure. It's particularly useful in situations requiring both clear evidence of debt and a mechanism to hold collateral or security. The document typically includes payment terms, interest calculations, enforcement provisions, and detailed trust arrangements for managing any security provided.

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

1. Parties: Identification of lender, borrower, and trustee(s)

2. Background: Context of the loan and trust arrangement

3. Definitions: Key terms used throughout the document

4. Promise to Pay: Core promissory note provisions including amount, interest, and payment terms

5. Declaration of Trust: Establishment of trust and trustee obligations

6. Security: Details of any security provided for the loan

7. Enforcement: Rights and remedies in case of default

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

1. Early Repayment Provisions: Terms for early loan repayment - include when early repayment is permitted

2. Assignment: Rights to assign the note or trust interests - include when assignment rights are desired

3. Guarantee Provisions: Terms of any guarantee - include when a guarantor is involved

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

1. Payment Schedule: Detailed breakdown of payment dates and amounts

2. Security Details: Description of any assets held as security

3. Trust Property Schedule: Details of property held in trust

4. Trustee Powers: Detailed list of trustee powers beyond statutory powers

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

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Trust Deed

Cost

Free to use

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