Buyers Terms & Conditions

 

Terms

Meanings

Introducer

Samuel Leeds DealConnect Limited (CRN 1531 8656) whose registered office is at Kingshead House, 15 London End, Beaconsfield HP92HN

 

Contract reference number

 

[                            ]

 

Profile of Property

 

[                           ]

Preview Payment

£[      ]

 

Introducer bank account

 

Bank:

Sort code:

Account name:

Account number:

 

1. Background

1.1 The Introducer provides a platform facilitating contact between persons wishing to sell property and persons who may be interested in purchasing such property.

1.2 An anonymised Preview of the Property is posted on the Platform together with details of the Preview Payment required to access further information.

1.3 Upon receipt of the Preview Payment, the Introducer is authorised to release the Information Sheet and contact details of the Owner subject to these Conditions.

1.4 Remittance of the Preview Payment constitutes unconditional acceptance of these Conditions.

2. Interpretation

Business Day: A day other than a Saturday, Sunday or public holiday in England when banks in London are open for business.

Cancellation Period: 10 Business Days following receipt of the Preview Payment in cleared funds.

Conditions: These terms and conditions as amended from time to time.

Information Sheet: The property information supplied by the Owner including contact details.

Introducer: Samuel Leeds DealConnect Limited (Company Number 15318656).

Objection: Written communication alleging a material factual inaccuracy between the Preview and the Information Sheet.

Owner Default: A material factual inaccuracy attributable to the Owner.

Platform: www.dealconnect.co.uk

Preview: The redacted summary made available prior to purchase.

Preview Payment: The payment required to access the Information Sheet.

Property: The property specified in the Particulars.

User: A person acting wholly in the course of business who pays the Preview Payment.

3. Basis of Service

3.1 Upon receipt of cleared funds, the Introducer shall release the Information Sheet to the User.

3.2 The Preview Payment constitutes payment for access to information only and is not a deposit toward purchase of the Property.

3.3 The Introducer reserves the right to request identification and verification documentation and may withhold release of the Information Sheet where it reasonably suspects fraud, unlawful activity, chargeback risk or regulatory breach.

3.4 The User confirms that it is acting wholly in the course of business and not as a consumer and that these Conditions are entered into on a business-to-business basis only.

3.5 Upon release of the Information Sheet, the Services shall be deemed fully performed.

4. Status of Introducer

4.1 The Introducer acts solely as a platform provider facilitating access to property information.

4.2 The Preview and Information Sheet are supplied by the Owner. The Introducer does not verify the accuracy or completeness of such information and, to the fullest extent permitted by law, shall not be liable for any inaccuracy, omission or misrepresentation contained therein.

4.3 The Introducer does not act as estate agent, broker, negotiator, advisor or fiduciary.

4.4 The Introducer does not provide financial, legal, tax or investment advice.

4.5 The User shall conduct its own independent investigations and due diligence and shall not rely on the Introducer when making any acquisition or investment decision.

5. Liability

5.1 The Introducer shall not be liable for any indirect or consequential loss, loss of profit, loss of opportunity, loss of goodwill, loss of anticipated savings or reliance on any Information.

5.2 The total aggregate liability of the Introducer arising out of or in connection with these Conditions shall not exceed the Preview Payment received in respect of the relevant Property.

5.3 Nothing excludes liability for fraud or for death or personal injury caused by negligence.

6. Cancellation and Refunds

6.1 The User may request cancellation within the Cancellation Period by written notice to the Introducer.

6.2 Where the User alleges a material factual inaccuracy, the Objection must:
(a) be made in writing;
(b) clearly identify the alleged material factual inaccuracy; and
(c) be supported by reasonable documentary evidence.

6.3 The Introducer shall assess any Objection acting reasonably and in good faith and determine, on the balance of probabilities, whether a material factual inaccuracy constituting Owner Default exists.

6.4 Where a material factual inaccuracy constituting Owner Default is established, the Preview Payment shall be refunded in full.

6.5 Where the User requests cancellation within the Cancellation Period and no material factual inaccuracy is established, the Introducer shall refund 82% of the Preview Payment and shall retain 18% of the Preview Payment. The retained 18% represents reasonable costs incurred in connection with deal assessment, mentor review, compliance checks, platform processing, marketing distribution, CRM usage, sales handling, enquiry management and post-sale administration.

6.6 No refund, whether full or partial, shall be available following expiry of the Cancellation Period.

6.7 If the User receives any refund and subsequently acquires or participates in the acquisition of any interest in the Property, whether directly or indirectly, the User shall immediately repay the full Preview Payment to the Introducer upon demand.

7. Chargeback Protection

7.1 The User agrees not to initiate any chargeback, payment reversal or payment dispute except where a refund is expressly due under clause 6.4.

7.2 If the User initiates a chargeback in breach of clause 7.1, the User shall indemnify the Introducer for the full amount reversed together with any chargeback fees, administrative costs and associated losses incurred.

7.3 Initiating such a chargeback shall constitute a material breach of these Conditions.

8. Confidentiality

8.1 The Information Sheet and all related information are confidential.

8.2 The User shall not disclose the Information to any third party without prior written consent.

8.3 If disclosure results in acquisition of the Property by the User or a third party connected to the User, the User shall remain liable for the Preview Payment.

9. General

9.1 These Conditions constitute the entire agreement between the parties.

9.2 Nothing creates partnership, agency or joint venture.

9.3 Neither party shall be liable for delay caused by force majeure.

9.4 The User may not assign rights under these Conditions.

9.5 These Conditions are governed by the law of England and Wales.

9.6 The courts of England and Wales shall have exclusive jurisdiction.