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Confirmation Of Interest Letter for the United Kingdom

Confirmation Of Interest Letter Template for England and Wales

A Confirmation of Interest Letter is a formal document used under English and Welsh law to express and document a party's serious interest in pursuing a business opportunity, transaction, or relationship. It serves as a preliminary step in a potential transaction, establishing clear communication of intent while typically not creating binding obligations except for specific terms such as confidentiality. The document follows English common law principles and must comply with relevant statutory requirements depending on the subject matter.

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What is a Confirmation Of Interest Letter?

A Confirmation Of Interest Letter is commonly used in commercial contexts under English and Welsh law when a party wishes to formally document their interest in a potential opportunity. This document typically precedes more formal agreements and serves to establish clear communication between parties while managing expectations. While generally non-binding in nature, it can include certain binding provisions such as confidentiality obligations. The letter should be drafted carefully to reflect the precise nature of the interest and any conditions attached to it, while clearly stating which elements are intended to be binding and which are not.

What sections should be included in a Confirmation Of Interest Letter?

1. Date: Current date of the letter

2. Addressee Details: Full name and address of the recipient

3. Subject Line: Clear indication of the interest being confirmed

4. Expression of Interest: Clear statement confirming the nature and extent of interest

5. Key Terms: Any specific terms or conditions of the interest

6. Next Steps: Clear indication of what happens next in the process

7. Signature Block: Sender's details and signature space

What sections are optional to include in a Confirmation Of Interest Letter?

1. Confidentiality Statement: Statement regarding confidentiality of the information contained - used when the interest involves sensitive information

2. Time Limitation: Section specifying the expiry date of the expressed interest - used when the interest needs to be time-bound

3. Additional Contact Details: Section providing additional contact information for follow-up - used when multiple stakeholders are involved

What schedules should be included in a Confirmation Of Interest Letter?

1. Supporting Documentation: Any relevant documents supporting the expression of interest

2. Terms Reference: Any specific terms or conditions being referenced

3. Corporate Information: Company details if expressing interest on behalf of an organization

Authors

Alex Denne

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

Jurisdiction

England and Wales

Publisher

Ƶ

Document Type

Confirmation Letter

Sector

Sales

Cost

Free to use
Relevant legal definitions












Clauses















Industries

Contract Law Fundamentals: Common law principles governing contract formation and enforcement in England and Wales, including basic contractual requirements and principles

Statute of Frauds 1677: Historical legislation still relevant today, particularly for contracts relating to land/property, requiring certain contracts to be in writing

Companies Act 2006: Primary legislation governing corporate entities, including director's duties, corporate capacity, and authority to enter into contracts

Consumer Rights Act 2015: Legislation protecting consumer rights, including requirements for fair terms and transparency in consumer contracts

UK GDPR and Data Protection Act 2018: Laws governing the processing and protection of personal data in the UK, relevant if personal information is included in the letter

Financial Services and Markets Act 2000: Regulatory framework for financial services and activities, applicable if the interest relates to regulated financial matters

Electronic Communications Act 2000: Legislation governing electronic signatures and communications, relevant if the letter will be executed electronically

Misrepresentation Act 1967: Law governing false or misleading statements made during contract formation, important for ensuring accuracy of representations

Common Law Principles - Intention: Legal principle requiring parties to intend to create legal relations for a contract to be binding

Common Law Principles - Offer and Acceptance: Fundamental principles governing how contracts are formed through offer and acceptance

Common Law Principles - Consideration: The requirement for exchange of value between parties for a contract to be legally binding

Common Law Principles - Certainty: The requirement for contract terms to be sufficiently clear and certain to be enforceable

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

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