¶¶Òõ¶ÌÊÓÆµ

Notice Of Intent To Sell Repossessed Vehicle Form for the United Kingdom

Notice Of Intent To Sell Repossessed Vehicle Form Template for England and Wales

A formal notice document used in England and Wales to inform debtors of a creditor's intention to sell a repossessed vehicle. The document complies with the Consumer Credit Act 1974 and FCA regulations, providing mandatory information about the vehicle, outstanding debt, and the intended sale process. It serves as a legal requirement before proceeding with the sale of a repossessed vehicle and protects both creditor and debtor rights under English law.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Notice Of Intent To Sell Repossessed Vehicle Form

Let ¶¶Òõ¶ÌÊÓÆµ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Notice Of Intent To Sell Repossessed Vehicle Form?

The Notice Of Intent To Sell Repossessed Vehicle Form is a crucial document in the vehicle repossession process under English and Welsh law. It must be issued after a vehicle has been repossessed but before any sale can take place, typically following a default on a finance agreement. The notice includes essential information such as vehicle details, outstanding debt amount, and the proposed sale timeline. It ensures compliance with the Consumer Credit Act 1974 and FCA regulations, while protecting both creditor and debtor interests. The document must be served with proper notice periods and contains specific statutory information required by law.

What sections should be included in a Notice Of Intent To Sell Repossessed Vehicle Form?

1. Creditor Details: Full name, address, and contact information of the creditor/finance company

2. Debtor Details: Full name and last known address of the debtor

3. Vehicle Details: Complete vehicle description including make, model, year, VIN, registration number, and current location

4. Default Information: Details of the default including outstanding amount, date of default, and breach of agreement details

5. Sale Intention Declaration: Formal statement declaring the intention to sell the repossessed vehicle

6. Notice Period: Specified time period before sale will occur, with relevant dates clearly stated

What sections are optional to include in a Notice Of Intent To Sell Repossessed Vehicle Form?

1. Valuation Details: Information about vehicle valuation and estimated sale price, used when transparency about pricing is required

2. Right to Redeem: Information about debtor's right to pay outstanding amount and reclaim the vehicle, included when redemption period is still open

3. Sale Process Details: Information about how and where the sale will be conducted, included for more complex cases or when specifically requested

4. Surplus/Deficit Notice: Information about how any surplus or deficit from the sale will be handled, included when required by specific circumstances

What schedules should be included in a Notice Of Intent To Sell Repossessed Vehicle Form?

1. Schedule A - Vehicle Condition Report: Detailed report documenting the condition of the vehicle at time of repossession including photographs and damage assessment

2. Schedule B - Default Notice History: Chronological record of all default notices and communications sent to the debtor

3. Schedule C - Valuation Certificate: Independent valuation certificate showing the current market value of the vehicle

4. Schedule D - Original Credit Agreement Reference: Details of the original credit agreement including agreement number and date

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Document Type

Notice of Intent

Cost

Free to use
Relevant legal definitions




















Clauses















Industries

Consumer Credit Act 1974: Primary legislation governing consumer credit and hire agreements. Key sections 87-89 cover default and enforcement, section 90 addresses creditor's power of sale, and section 76 outlines duty to provide information to consumers.

Consumer Rights Act 2015: Legislation ensuring fair treatment of consumers, including requirements for transparency and duty to act in good faith in repossession cases.

FCA Regulations - CONC 7: Financial Conduct Authority regulations specifically dealing with arrears, default and recovery procedures, including requirements for fair treatment of customers in default situations.

Law of Property Act 1925: Foundational legislation providing general provisions regarding the sale of property, relevant to vehicle repossession and sale procedures.

Sale of Goods Act 1979: Legislation governing requirements for sale of goods and transfer of title, particularly relevant to the resale of repossessed vehicles.

Financial Services and Markets Act 2000: Establishes the regulatory framework for financial services in the UK, including oversight of vehicle finance and repossession processes.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Thirty Day Notice Of Resident Intent To Vacate

An England & Wales legal notice for tenants to formally end their residential tenancy agreement.

find out more

Notice Of Resident's Intent To Vacate

An England & Wales legal document notifying a landlord of a tenant's intent to terminate their tenancy agreement.

find out more

Notice Of Intention To Terminate Building Contract

An England & Wales legal notice initiating termination of a construction contract due to specific breaches.

find out more

Notice Of Intention To Sell Form

An England & Wales legal document notifying tenants of a property's intended sale and their right of first refusal.

find out more

Notice Of Intention To Leave Form

An England & Wales document formalizing an employee's resignation and outlining notice period obligations and procedures.

find out more

Notice Of Intention To Leave Employment

An England & Wales document formalizing an employee's decision to terminate their employment relationship.

find out more

Notice Of Intention To Leave

An England & Wales document formalizing an employee's decision to voluntarily terminate their employment relationship.

find out more

Notice Of Intention To File A Claim Form

An England & Wales document notifying intent to claim, encouraging dispute resolution before court proceedings.

find out more

Notice Of Intention Form

A legal document in England & Wales notifying planned actions and ensuring compliance with statutory requirements.

find out more

Notice Of Intent To Withdraw Divorce

An England & Wales legal document halting divorce proceedings before the final order is granted.

find out more

Notice Of Intent To Sell Rental Property

An England & Wales legal notice informing tenants of a landlord's intent to sell the rental property.

find out more

Notice Of Intent To Sell

A legal document in England & Wales notifying stakeholders of a property's intended sale, ensuring compliance and communication.

find out more

Notice Of Intent To Repossess

An England & Wales legal notice initiating property repossession due to mortgage default, detailing owed amounts and remedies.

find out more

Notice Of Intent To Record A Claim Of Lien

An England & Wales legal notice securing payment rights for construction work by initiating a property lien process.

find out more

Notice Of Intent To Raise Rent

An England & Wales legal notice for landlords to formally propose residential rent increases under the Housing Act 1988.

find out more

Notice Of Intent To Quit

An England & Wales legal document notifying a landlord of a tenant's intent to terminate their tenancy agreement.

find out more

Notice Of Intent To Prohibit

An England & Wales legal notice warning of potential prohibition due to conduct or capability concerns.

find out more

Notice Of Intent To Lien

An England & Wales legal notice detailing unpaid construction dues, preceding potential work suspension or legal action.

find out more

Notice Of Intent To File Bond Claim

An England & Wales legal document notifying a bond claim due to contract breach or non-performance.

find out more

Notice Of Intent To File Bankruptcy

An England & Wales legal notice declaring intent to file bankruptcy, initiating interim protection from creditors.

find out more

Notice Of Intent To Dissolve

An England & Wales legal document initiating voluntary company dissolution and notifying stakeholders and creditors.

find out more

Notice Of Intent To Dismiss Divorce

A legal document in England & Wales to formally halt ongoing divorce proceedings.

find out more

Notice Of Intent To Claim Paternity

An England & Wales legal document asserting paternal rights and responsibilities for a child.

find out more

Notice Of Intent To Claim

An England & Wales document notifying intent to pursue legal action, outlining claim details and encouraging settlement discussions.

find out more

Letter Of Intent To Move Out Of State

A formal notice in England & Wales for tenants ending tenancy and relocating, confirming compliance with legal notice periods.

find out more

Letter Of Intent To Extend Lease

An England & Wales document outlining proposed terms for extending a property lease beyond its current term.

find out more

Letter Of Intent Not To Renew Contract

An England & Wales legal notice terminating a contract to prevent automatic renewal and ensure clear business relationships.

find out more

Intention To Dissolve Notice

An England & Wales legal notice confirming a company's voluntary dissolution and compliance with the Companies Act 2006.

find out more

Intent To Vacate Rental Property Letter

An England & Wales legal notice for tenants to formally end their tenancy and vacate rental property.

find out more

Intent To Relocate Letter

An England & Wales document outlining employee relocation details, support, and compliance with employment law.

find out more

Intent To Prosecute Letter

An England & Wales legal notice indicating intent to initiate criminal proceedings against an accused individual.

find out more

Intent To Break Lease Letter

An England & Wales legal document for tenants to formally terminate a lease agreement early.

find out more

Divorce Letter Of Intent

An England & Wales HR document for structured employee performance reviews ensuring legal compliance.

find out more

24 Hour Notice Of Intention To Enter Dwelling

An England & Wales document assessing employee performance for compliance and career development purposes.

find out more

14 Day Notice Of Intention To Sell

An England & Wales document assessing annual employee performance and setting future objectives.

find out more

7 Days Notice Of Owners Intention

An England & Wales governance document assessing board effectiveness and compliance with the UK Corporate Governance Code.

find out more

Written Notice Of Lien

A formal notice under English law asserting a legal claim over property as security for payment of a debt.

find out more

Intent To Move Form

A formal notification document used in England and Wales for tenants to inform landlords of their intention to vacate a rental property.

find out more

Intent To Levy Notice

A formal notice under English and Welsh law warning debtors of imminent enforcement action to recover debt through taking control of goods.

find out more

Renters Notice Of Intent To Vacate

A formal notice under English and Welsh law from tenant to landlord declaring intention to end tenancy and vacate property.

find out more
See more related templates

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it