Recommendations for private load template UK

CurryQueen123

Hi, can anyone please recommend a site where I can download, for free, without a 7 day free sign up trial, a private loan agreement template (UK) that I can use? thanks

Nasqueron

When you refer to a private loan agreement do you mean say between 2 friends? 

You do know the agreement isn't enforceable right? You could write it on a scrap of paper for all the difference it makes. It might help if there is a dispute but if you are not a broker, there isn't a lot more you can do other than small claims and if they don't have money then you can't get blood out of a stone. 

Only lend money on the assumption it's a gift 

MEM62

For all that it will be worth you might as well draw it up yourself.  Money lending and friends & family do not mix well - it will be an issue waiting to blow up.  Suggest to the lender that they apply for a normal loan, or better still, find another way to get the money together for whatever it is they want to buy.      

Herzlos

It's not legally binding. Best you can do is "Give me the money back or I'll never speak to you again".