The company charges by way of first legal mortgage the mortgaged property (as defined in the instrument), although no further detail is specified in the instrument. For further information, please see clause 3.2 of the instrument. The company also charges by way of first fixed charge the intellectual property (as defined in the instrument), although no further detail is specified in the instrument. For further information, please see clause 3.4 of the instrument.

The company charges by way of first legal mortgage the new property (as defined in the instrument), being the leasehold property known as the land and building forming the student accommodation (but not the retail premises on the ground floor of the building as shown edged blue on the plan annexed to the lease known as centre court, alfreton road, nottingham NG7 3JL being the land shown edged red on the plan annexed to the lease and being the land the freehold of which is registered at hm land registry with title numbers NT32250, NT40850, NT124068, NT187014 and NT524324 more particularly described in a lease dated 12 september 2025 and made between (1) balia limited (as landlord) and (2) the company (as tenant) (the "lease"). For further information, please see clause 3.2 and schedule 1 of the instrument.