It is advisable as mortgagee to register an aircraft mortgage. The mortgage entry must be sent to us along with copies of documents relating to the mortgage.
How do I apply?
To enter a mortgage complete a CA1577: Entry of Aircraft Mortgage form.
Once you have completed the form and saved a copy to your device you will then need submit this through the Application Form Submission Service by clicking on the button at the end of the form.
You will need a CAA Portal Account.
How much does it cost?
Maximum take-off weight
<= 5700 kg
CAA Charge
£223.00
Maximum take-off weight
5701 kg - 15000 kg
CAA Charge
£443.00
Maximum take-off weight
15001 kg - 50000 kg
CAA Charge
£736.00
Maximum take-off weight
50000 kg
CAA Charge
£1,325.00
If one mortgage covers several aircraft, the fee payable is as shown stated in the how much does it cost? section for the heaviest aircraft, plus £223.00 for each additional aircraft. This is based on all the aircraft mortgages being submitted at the same time.
What do I need to send with my application?
You will also need to send a certified true copy of the mortgage deed. This should be certified by the mortgagee or agent on their behalf.
A signed continuation sheet can also be provided if required.
What else do I need to know?
Details provided on the CA1577: Entry of Aircraft Mortgage form should replicate exactly the details given on the mortgage deed.
If the sum secured referred to on the entry form is not present in the deed but is present in the associated loan agreement, then a copy of the relevant part of the loan agreement should also be supplied. If the sum secured is "all monies" this can be quoted as such on the entry form.
Mandatory information for both the mortgagee and mortgagor:
- company name
- company address
- company number (or equivalent identification number issued to non UK incorporated entities)
We need comprehensive contact information for all parties involved in a mortgage.
We may need to make contact regarding the mortgage many years after it is first registered, and over time, agents, companies and aircraft portfolios change. This information will enable us to reach the right person with minimal delay.
Additional information required, for each of the mortgagee, mortgagor, and agents:
- Name of the responsible officer and in what capacity they are acting (particularly when signing the relevant entries).
- Telephone number of the responsible officer.
- E-Mail addresses for the responsible officer.
- Expected date of discharge of the mortgage or last payment due to the mortgagee from the mortgagor.
- Mortgage agreement number (where applicable and if the mortgage is not referenced according to aircraft registration mark).
How long will it take for my application to be processed?
In accordance with our service standards we aim to process the applications within three working days.
How long is it valid for?
Mortgage registration is valid until discharged by the mortgagee.
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