Mortgage of chattels | Practical Law

Mortgage of chattels | Practical Law

A standard form chattel mortgage created by a company incorporated in England and Wales in favour of a single corporate lender.

Mortgage of chattels

Practical Law UK Standard Document 7-500-3226 (Approx. 83 pages)

Mortgage of chattels

Maintained, England, Wales
A standard form chattel mortgage created by a company incorporated in England and Wales in favour of a single corporate lender.
This standard document creates a mortgage over the chattels of a private limited company incorporated in England and Wales, together with a fixed charge and an assignment of all rights and agreements relating to those chattels.
This standard document contains integrated drafting notes and negotiating tips. For detailed information on legal issues that may arise when drafting a mortgage of chattels, see Drafting note, Drafting assumptions and legal issues.