Discharge of Standard Security

Produced in partnership with Ainsley Reid of Morton Fraser MacRoberts LLP and Beverley Wood of Morton Fraser MacRoberts LLP
Precedents

Discharge of Standard Security

Produced in partnership with Ainsley Reid of Morton Fraser MacRoberts LLP and Beverley Wood of Morton Fraser MacRoberts LLP

Precedents
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We, [insert name of Lender], a company incorporated in [Scotland OR England and Wales] under the Companies Acts with Registered Number [insert company number] and having our Registered office at [insert address], CONSIDERING that we have been

Ainsley Reid
Ainsley Reid

Ainsley acts for all of the Scottish clearing banks and a number of other UK and foreign lenders in connection with all areas of secured lending throughout the UK with a specialism in real estate finance transactions including the property due diligence elements of these transactions for UK wide real estate due to her dual qualification in Scots and English law. Year Qualified: 2000 (Scotland) and 2006 (England and Wales)

Beverley Wood
Beverley Wood chambers

Bev specialises in asset and invoice finance work. Her clients include banks, financial institutions, lessors, lessees, factors, brokers and other intermediaries. She regularly deals with corporate leasing and security transactions both north and south of the border, as well as marine finance, car ownership schemes, factoring, receivables and asset based lending work. As a result of acting for several vehicle funders in the market she has extensive experience in consumer lending, preparing and advising on regulated consumer credit and hire agreements as well as FCA compliance.

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Jurisdiction(s):
United Kingdom
Key definition:
Standard security definition
What does Standard security mean?

A form of heritable security.

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