51ÊÓÆµÔÚÏß

Time Note Loan for the United Kingdom

Time Note Loan Template for England and Wales

A Time Note Loan agreement is a formal lending instrument under English and Welsh law that documents a fixed-term loan with specified repayment dates and amounts. It establishes the terms and conditions of borrowing, including interest rates, repayment schedule, and any security arrangements. The document is governed by English and Welsh financial regulations and provides legal protection for both lender and borrower while ensuring compliance with UK financial services legislation.

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
Time Note Loan

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

What is a Time Note Loan?

The Time Note Loan agreement is utilized when parties wish to establish a formal lending arrangement with fixed repayment terms under English and Welsh law. This document is essential for both commercial and private lending transactions, particularly where certainty of repayment timing is crucial. It includes detailed provisions for interest calculation, repayment schedules, default scenarios, and security arrangements if applicable. The agreement ensures compliance with UK financial regulations while providing clear documentation of the parties' obligations and rights throughout the loan term.

What sections should be included in a Time Note Loan?

1. Parties: Identification of lender and borrower with full legal names and addresses

2. Background: Context of the loan arrangement and purpose

3. Definitions: Key terms used throughout the agreement including relevant regulatory definitions under English law

4. Loan Amount and Purpose: Specification of the principal amount and intended use

5. Interest: Interest rate, calculation method, and payment terms in compliance with UK regulations

6. Repayment Terms: Schedule and method of repayment including provisions under relevant UK legislation

7. Events of Default: Circumstances constituting default and consequences under English law

8. Representations and Warranties: Standard declarations by borrower regarding capacity and authority under English law

What sections are optional to include in a Time Note Loan?

1. Security: Details of any collateral or guarantees, including requirements under the Law of Property Act 1925

2. Early Repayment: Terms for early repayment and any associated fees in compliance with UK consumer protection laws

3. Assignment: Rights to transfer or assign the loan under English law

What schedules should be included in a Time Note Loan?

1. Repayment Schedule: Detailed payment dates and amounts with interest calculations

2. Security Details: Detailed description of security assets if applicable, compliant with UK security registration requirements

3. Conditions Precedent: List of conditions to be satisfied before drawdown including regulatory compliance requirements

4. Form of Drawdown Notice: Template for requesting loan disbursement in accordance with the agreement terms

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

Promissory Note

Sector

Banking

Cost

Free to use
Relevant legal definitions


































Clauses
























Industries

Consumer Credit Act 1974: Primary legislation governing consumer credit agreements, including loan agreements when the borrower is a consumer. Sets out requirements for form and content of agreements, licensing, and consumer protections.

Financial Services and Markets Act 2000: Key legislation establishing the regulatory framework for financial services in the UK, including lending activities and regulatory oversight.

Law of Property Act 1925: Fundamental legislation governing property rights and security interests in England and Wales, relevant for secured lending arrangements.

Unfair Contract Terms Act 1977: Controls the use of exclusion and limitation clauses in contracts, ensuring fairness in contractual relationships.

Consumer Rights Act 2015: Provides protection for consumers in contracts, including requirements for transparency and fairness in consumer credit agreements.

FCA Handbook (CONC): Regulatory sourcebook containing detailed rules and guidance for consumer credit activities, including loan agreements.

Money Laundering Regulations 2017: Sets out requirements for due diligence and anti-money laundering procedures in financial transactions.

Financial Services (Banking Reform) Act 2013: Legislation implementing structural and operational reforms in the banking sector, affecting lending practices.

Late Payment of Commercial Debts (Interest) Act 1998: Governs the charging of interest on late payments in commercial transactions and business loans.

Misrepresentation Act 1967: Provides remedies for false or misleading statements made during contract formation, relevant for loan agreement representations.

Data Protection Act 2018: Governs the processing of personal data, including handling of borrower information and privacy requirements.

UK GDPR: Post-Brexit data protection regulation implementing European-style data protection requirements in UK law.

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

Promissory Note For Vehicle Purchase

A legally binding promise to pay for a vehicle purchase under English and Welsh law, documenting the debt obligation between buyer and seller.

find out more

Time Promissory Note

An England & Wales legal document formalizing a debt obligation with a specific future payment date.

find out more

Straight Promissory Note

An England & Wales legal document formalizing a promise to repay a specified sum under agreed terms.

find out more

Shareholder Promissory Note

An England & Wales legal document formalizing a shareholder's deferred payment or debt obligation to the company.

find out more

Simple Note Payable Agreement

An England & Wales document formalizing a straightforward loan arrangement with essential debt details and legal enforceability.

find out more

Senior Promissory Note

An England & Wales legal document detailing senior debt obligations with priority over junior creditors.

find out more

Recourse Promissory Note

An England & Wales debt instrument ensuring personal liability for payment defaults under the Bills of Exchange Act 1882.

find out more

Promissory Note With Real Estate Mortgage

An England & Wales legal document securing a loan against real property with detailed terms and enforcement rights.

find out more

Promissory Note With Personal Guarantee

An England & Wales legal document securing debt with a promissory note and personal guarantee.

find out more

Promissory Note With Collateral

An England & Wales legal document securing debt with collateral under specific legislative compliance.

find out more

Promissory Note Secured By Personal Property

An England & Wales legal document securing debt with personal property as collateral.

find out more

Promissory Note Secured By A Mortgage

An England & Wales legal document evidencing debt and securing property interest for secured financing arrangements.

find out more

Promissory Note Repayment Schedule

An England & Wales document outlining structured loan repayment terms, including schedules, interest, and default provisions.

find out more

Promissory Note Providing For Interest

An England & Wales legal document formalizing a loan repayment promise with interest between parties.

find out more

Promissory Note Mortgage

An England & Wales legal document securing a loan with property collateral, detailing repayment and default terms.

find out more

Promissory Note Monthly Payments

An England & Wales legal document outlining structured monthly repayments for a loan, detailing obligations and protections.

find out more

Promissory Note Lien On Property

An England & Wales legal document securing a loan with property as collateral and detailing debt obligations.

find out more

Promissory Note Letter

An England & Wales legal document formalizing a promise to pay a specified sum under agreed terms.

find out more

Promissory Note Installment Payments

An England & Wales legal document detailing debt repayment terms through scheduled installments.

find out more

Promissory Note For Property

An England & Wales legal document securing deferred property payment with the property as collateral.

find out more

Promissory Note Cosigner Agreement

An England & Wales legal document ensuring cosigner liability for a primary borrower's loan obligations.

find out more

Promissory Note Convertible To Equity

An England & Wales legal document allowing deferred equity valuation for immediate startup funding.

find out more

Promissory Note Agreement

An England & Wales legal document formalizing a promise to repay a specified sum with outlined terms.

find out more

Promissory Contract Of Purchase And Sale

An England & Wales legal agreement outlining future sale terms and conditions for property or goods transactions.

find out more

Promise To Pay Letter For Rent

An England & Wales legal document outlining a tenant's commitment to repay overdue rent with a structured plan.

find out more

Payable On Demand Promissory Note

An England & Wales legal document acknowledging debt, allowing immediate repayment upon demand by the payee.

find out more

Note Agreement

An England & Wales legal document detailing terms for borrowing through note issuance and compliance with financial regulations.

find out more

Non Recourse Promissory Note

An England & Wales legal document limiting lender recourse to specific assets in project finance transactions.

find out more

Loan Promissory Note

An England & Wales legal document outlining loan terms, repayment schedule, and borrower obligations.

find out more

Loan Note Document

An England & Wales legal document outlining debt terms for corporate financing through alternative lending arrangements.

find out more

Interest Only Balloon Note

An England & Wales legal document outlining interest-only loan terms with a final balloon payment.

find out more

Full Recourse Promissory Note

A formal request document for borrowing funds from a bank in England & Wales, detailing financial information.

find out more

Family Promissory Note

An England & Wales legal document authorizing a third party to handle specific claims on behalf of another.

find out more

Cash Loan Promissory Note

An England & Wales document authorizing specific salary payment arrangements between employers, employees, and financial institutions.

find out more

Borrower Promissory Note

An England & Wales legal document authorizing delegated banking responsibilities under specific conditions.

find out more

Promissory Note Personal Guarantee Language

A legally binding document under English and Welsh law where an individual personally guarantees payment or performance of another party's obligations.

find out more

Payment Plan Promissory Note

A legally binding document under English and Welsh law that establishes structured repayment terms for a debt through scheduled installments.

find out more

Promissory Note For Stock Purchase

A legal document under English and Welsh law evidencing a promise to pay for company shares, combining elements of a promissory note and stock purchase agreement.

find out more

All Inclusive Promissory Note

A comprehensive financial instrument under English and Welsh law combining multiple debt obligations into a single promissory note.

find out more

Private Loan Promissory Note

A legally binding document under English and Welsh law evidencing a debt obligation and containing a borrower's written promise to repay a loan under specified terms.

find out more
See more related templates

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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