Persons entitled
- Heron Land Developments Limited
Amount secured
£2,112,500 due or to become due from the company to the chargee pursuant to clause 7 of the agreement for sale and purchase between these parties.clause 7 provides for the sum to be reduced if either the first retention and/or the second retention apply.the first retention to be made if the mortgagor has not entered into a section 104 agreement and/or a highways agreement is expressed to be £200,000,the second retention to be made if the mortgagor has not diverted a footpath is expressed to be £72,000.both retentions will be made on 30 june 1998,if the company has not complied with clause 7 aforesaid
Short particulars
The property k/a area 11A knightwood park,chandlers ford,test valley.t/no.HP536818.