Common use of OTHER PEOPLE LIVING IN THE PROPERTY Clause in Contracts

OTHER PEOPLE LIVING IN THE PROPERTY. 12.1 You must tell us about any person (another occupier) who is not a borrower and is living, or you anticipate will be living, 12.2 Other occupiers will be responsible for paying for legal advice they receive in relation to the Deed of Consent. 12.3 Other occupiers will not have the right to live in the Property if you or we sell the Property or if we take possession of the Property (except for occupiers under an Acceptable Letting or where we have given our prior written consent pursuant to clause 10.2(b) or clause 10.2(c)). 13 LAWS AFFECTING THE PROPERTY 13.1 You must comply with the terms of the deeds and documents for all conveyances, agreements, title deeds, leases and other deeds and documents that affect the Property. You shall be responsible for keeping all of these documents safe unless we ask you to give them to us, in which case, you must give them to us. You must not change any of them, 13.2 You must comply with all the laws affecting the Property, including those that apply to any changes being made to the Property or to the use of the Property. 13.3 You must tell us as soon as possible if you receive any notice relating to the Property or to a neighbouring property, for example a planning enforcement notice or a planning application notice. In some instances we may require you to respond or object to the application and if so, we will advise you and you must do so. 13.4 If the Property is leasehold, you must ensure that you comply with any freeholder’s or management company’s conditions. You must tell us if you receive notice of forfeiture or to leave from your freeholder or management company. 13.5 If the Property is leasehold, you must tell us if you intend to extend the term of the lease. You will be responsible for paying all of the legal expenses and costs, including our Costs, even if the lease extension does not complete. 14 PURCHASE OF THE FREEHOLD OR SHARE OF THE FREEHOLD OR MANAGEMENT COMPANY 14.1 If the Property is leasehold, you must tell us if you intend to purchase the freehold. 14.2 If the Property is leasehold, you must tell us if you intend to purchase a share of the freehold or management company. We may require an assignment of the share or shares until you repay the Outstanding Balance and you must sign an appropriate deed for this purpose. If we sell the Property, we will transfer the share or shares to the purchaser. 14.3 You will be responsible for paying all of the legal expenses and costs, including our Costs, even if the purchase of the freehold or purchase of a share of the freehold or management company does not complete. 15 PAYMENT OF RENTS, SERVICE CHARGES AND PROPERTY TAXES 15.1 You must pay any rent, service charges, bills, taxes and/or other outgoings for the Property on time. 15.2 If you fail to pay any rent, service charges, bills, taxes or other outgoings for the Property, you will be breaching your Mortgage Agreement. If we believe this might put our security at risk, we can, but will not be obliged to, pay them on your behalf and they will be Costs. You will also need to pay any other Costs that we incur in taking this action.

OTHER PEOPLE LIVING IN THE PROPERTY. 12.1 You must tell us about any person (another occupier) who is not a borrower and is living, or you anticipate will be living,, in the Property at the time your mortgage Completes. If this is acceptable to us for the purposes of our Mortgage Agreement, they will be required to sign a Deed of Consent with the help of a legal adviser (unless they are occupying the Property under an Acceptable Tenancy). Apart from this, you must obtain vacant possession of the Property. This means that, at the time the mortgage Completes, the Property must be empty of other people who are over 17 years old and not a borrower under this Mortgage Agreement (unless they are occupying the Property under an Acceptable Tenancy). 12.2 Other occupiers will be responsible for paying for legal advice they receive in relation to the Deed of Consent. 12.3 Other occupiers will not have the right to live in the Property if you or we sell the Property or if we take possession of the Property (except for occupiers under an Acceptable Letting or where we have given our prior written consent pursuant to clause 10.2(b) or clause 10.2(c)). 13 LAWS AFFECTING THE PROPERTY 13.1 You must comply with the terms of the deeds and documents for all conveyances, agreements, title deeds, leases and other deeds and documents that affect the Property. You shall be responsible for keeping all of these documents safe unless we ask you to give them to us, in which case, you must give them to us. You must not change any of them,, or create any new ones without our written permission. 13.2 You must comply with all the laws affecting the Property, including those that apply to any changes being made to the Property or to the use or letting of the Property. 13.3 You must tell us as soon as possible if you receive any notice relating to the Property or to a neighbouring property, for example a planning enforcement notice or a planning application notice. In some instances we may require you to respond or object to the application and if so, we will advise you and you must do so. 13.4 If the Property is leasehold, you must ensure that you comply with any freeholder’s or management company’s conditions. You must tell us if you receive notice of forfeiture or to leave from your freeholder or management company. 13.5 If the Property is leasehold, you must tell us if you intend to extend the term of the lease. You will be responsible for paying all of the legal expenses and costs, including our Costs, even if the lease extension does not complete. 14 PURCHASE OF THE FREEHOLD OR SHARE OF THE FREEHOLD OR MANAGEMENT COMPANY 14.1 If the Property is leasehold, you must tell us if you intend to purchase the freehold. We may require a legal charge on the freehold and you must sign an appropriate deed for this purpose. 14.2 If the Property is leasehold, you must tell us if you intend to purchase a share of the freehold or management company. We may require an assignment of the share or shares until you repay the Outstanding Balance and you must sign an appropriate deed for this purpose. If we sell the Property, we will transfer the share or shares to the purchaser. 14.3 You will be responsible for paying all of the legal expenses and costs, including our Costs, even if the purchase of the freehold or purchase of a share of the freehold or management company does not complete. 15 PAYMENT OF RENTS, SERVICE CHARGES AND PROPERTY TAXES 15.1 You must pay any rent, service charges, bills, taxes and/or other outgoings for the Property on time. You must show us your receipts for these if we ask you to. 15.2 If you fail to pay any rent, service charges, bills, taxes or other outgoings for the Property, you will be breaching your Mortgage Agreement. If we believe this might put our security at risk, we can, but will not be obliged to, pay them on your behalf and they will be Costs. You will also need to pay any other Costs that we incur in taking this action.