UK lenders, prepare a Security Agreement for a borrower to sign by using this downloadable and easy-to-use template.
- The borrower grants the lender a security interest in all of the borrower's present and after-acquired property to secure repayment of a loan, operating line, or other credit facilities advanced by the lender to the borrower.
- The collateral is to be kept at the borrower's address within the United Kingdom and not moved or relocated without the lender's consent.
- The borrower must keep the collateral insured, and the lender is to be a named beneficiary on the insurance policy.
- The agreement is in default if there is any material decrease in the value of the security or an adverse change in the borrower's financial situation.
- Available in MS Word format.
- Governed by English law and intended to be used only in the United Kingdom.
Download Type:

Microsoft Word
Last Updated: 18-August-2022