Terms and Conditions

Terms and Conditions for Property Referral by Owner

Effective Date: 10.03.2025
Business Name: Glaves Limited
Contact: liam@glaveslimited.com

These Terms and Conditions (“Agreement”) apply when you, the property owner (“you”, “the Owner”), refer or submit your property to Glaves Limited (“we”, “us”, “our”) for potential sale, sourcing, letting, or packaging to investors or third parties.

By submitting your property details, you agree to the following:

1. Property Owner Declaration

By submitting your property, you confirm that:

  • You are the legal owner or have full authority to act on behalf of the legal owner.

  • You have the right to market, sell, let, or source the property.

  • All details you provide are true, accurate, and up to date.

2. Purpose of Submission

You are referring your property to us for one or more of the following purposes:

  • Sale to an investor or buyer

  • Property deal packaging or sourcing

  • Rent-to-rent arrangement

  • Letting or lease option proposal

  • Other property investment strategies (agreed in writing)

We may present your property to our network of investors, letting agents, or professional contacts for these purposes.

3. No Guarantee of Outcome

We make no guarantees that:

  • A buyer, tenant, or investor will be secured

  • A deal will complete within a certain timeframe

  • Any specific price or valuation will be achieved

We will use reasonable efforts to promote your property and may provide market insight and advice, but outcomes are subject to market conditions and third-party interest.

4. Marketing and Use of Information

By submitting your property, you give us permission to:

  • Share property details (e.g., address, photos, floorplans, financials) with our investor or agent database

  • Promote the opportunity discreetly via email, private networks, or off-market channels

  • Contact you for further details or viewings as required

We will not publicly advertise your property without your explicit consent.

5. Confidentiality

We will handle your property and personal details confidentially and will not disclose your identity to any third party without your permission (unless required by law or regulation).

You agree to keep any communication or potential deal details shared with you confidential.

6. Fees and Commission (If Applicable)

If a deal is agreed, fees or commissions may apply depending on the agreed structure, for example:

  • A sourcing fee (payable by the investor)

  • An introductory commission (payable by the buyer/landlord)

  • A management fee (if letting/lease agreed)

All terms, including any fees payable by you, will be agreed in writing in a separate agreement or engagement letter before any formal deal is arranged.

7. Legal and Financial Advice

We strongly advise that you seek independent legal and financial advice before agreeing to any deal we present.

We do not offer legal, tax, or financial advice and are not responsible for your decision to proceed with any investment, sale, or agreement.

8. Anti-Money Laundering (AML) Compliance

In line with UK law, we are required to carry out AML checks on property owners, including:

  • Proof of ID (passport, driving licence)

  • Proof of address (utility bill, bank statement)

  • Proof of property ownership (e.g., title deed or Land Registry document)

We reserve the right to decline any property submission if sufficient AML documentation is not provided.

9. Data Protection (GDPR)

Your personal data will be processed in accordance with the UK GDPR and our Privacy Policy.

  • We collect your data to assess, market, and handle your property referral.

  • Your data will be stored securely and not shared without consent (except where required by law).

  • You have the right to access, amend, or request deletion of your data.

10. Termination

Either party may withdraw from the process at any time by giving written notice. If a deal has not yet been agreed, there are no cancellation penalties.

Once a deal is agreed and contracts are exchanged, separate cancellation or withdrawal terms may apply depending on the arrangement.

11. Governing Law

These Terms are governed by the laws of England and Wales. Any disputes arising from this Agreement will be subject to the exclusive jurisdiction of the courts of England and Wales.

12. Acceptance

By submitting your property details to us (via form, email, or otherwise), you confirm that you have read, understood, and agreed to these Terms and Conditions.

Terms and Conditions for Property Deal Packaging/Sourcing Services

1. Introduction

These Terms and Conditions (“Agreement”) govern the provision of property deal packaging services (“Services”) provided by Glaves Limited (“we”, “us”, or “our”) to you, the Investor (“you”, “client”). By engaging with our services, you agree to comply with and be bound by these Terms.

2. Definitions

  • Deal Packaging: Sourcing and presenting property investment opportunities to clients.

  • Investor: Any individual or business purchasing or expressing interest in a packaged deal.

  • Reservation Fee: A non-refundable payment to secure exclusivity on a sourced property.

  • Due Diligence: Investigative checks to verify the condition, value, and viability of a property.

3. Our Services Include:

  • Identifying suitable property investment opportunities

  • Negotiating with vendors or agents

  • Preparing a deal pack with key investment details

  • Referrals to third-party professionals (e.g., mortgage brokers, solicitors, letting agents)

4. Fees and Payment Terms

  • A non-refundable reservation fee of £500 is required to secure a deal.

  • A sourcing fee of £3000 is due upon exchange of contracts or a milestone agreed in writing (The reservation fee will be deducted from this amount)

  • All payments must be made via bank transfer to our designated business account. VAT may apply where applicable.

5. Investor Responsibilities

  • You must carry out your own independent legal and financial due diligence.

  • We recommend all clients use qualified professionals (e.g., solicitors, RICS surveyors) for thorough assessment.

  • You acknowledge that all investments carry risk and that past performance is not indicative of future results.

6. No Guarantee

  • We do not guarantee rental income, capital growth, or financial returns.

  • All figures provided are estimates based on current market data and subject to change.

7. Third-Party Services

  • While we may introduce third parties, we do not endorse or guarantee their services.

  • You are solely responsible for conducting your own research and entering into agreements with third parties.

8. Refund Policy

  • The reservation fee is non-refundable, unless the seller or agent withdraws and we cannot offer a suitable alternative.

  • Sourcing fees are non-refundable once the agreed milestone (typically exchange of contracts) has passed.

9. Confidentiality

  • Information shared with you, including deal packs and sourcing details, is confidential and must not be shared or distributed without written consent.

  • Breach of this clause may result in termination of services and legal action.

10. Anti-Money Laundering (AML)

  • In line with the Money Laundering Regulations 2017, we are legally required to carry out due diligence checks on all clients.

  • You will be asked to provide proof of identity (e.g., passport, driving licence) and proof of address (e.g., utility bill).

  • We may also request proof of funds and the source of funds before presenting investment opportunities.

  • We reserve the right to decline services if sufficient AML documentation is not provided or if we suspect unlawful activity.

11. General Data Protection Regulation (GDPR)

  • We take your privacy seriously and comply with the UK GDPR and Data Protection Act 2018.

  • Personal data collected will be used solely for providing our services and complying with legal obligations.

  • We will not sell or share your data with third parties without your explicit consent, except where required by law.

  • You have the right to access, correct, or request deletion of your data at any time. For more information, refer to our [Privacy Policy].

12. Limitation of Liability

  • Glaves Limited is not liable for any direct or indirect loss incurred through property purchases, third-party services, or changes in the market.

  • Our total liability is limited to the amount of sourcing fees paid.

13. Termination

  • We may terminate this agreement at any time if you breach any of the above terms or if we believe our services are being misused.

  • You may terminate your engagement with us by written notice. Any fees paid prior to termination are non-refundable.

14. Governing Law

These Terms are governed by and construed in accordance with the laws of England and Wales. Any disputes arising out of or in connection with this agreement will be subject to the exclusive jurisdiction of the courts of England and Wales.

Angel Investor Terms and Conditions

Effective Date: 10.03.2025
Company Name: Glaves Limited
Company Number: 16255391
Registered Address: 9 Scott Street, Pudsey, West Yorkshire, LS28 9HB
Contact: liam@glaveslimited.com

These Terms and Conditions ("Agreement") apply to any investment provided by an Angel Investor ("you", "your") to Glaves Limited ("we", "us", "our"). By entering into an investment arrangement with us, you agree to be bound by the following terms.

1. Investor Declaration

By investing with us, you confirm that:

  • You are an individual or entity with the legal capacity to invest.

  • You are either a High Net Worth Individual, a Sophisticated Investor, or investing through a corporate structure, and you accept the risks involved.

  • You have conducted your own due diligence or sought independent legal/financial advice.

  • You are not relying on any FCA-regulated financial promotion or advice from us.

2. Nature of Investment

Investments may take the form of:

  • Loan funding for property deals

  • Joint venture contributions

  • Equity-based arrangements (subject to shareholder agreements)

  • Fixed-return arrangements (with agreed repayment schedule and return)

The structure and terms of your specific investment will be outlined in a separate Investment Agreement, which both parties will sign before any funds are accepted.

3. Risk Disclaimer

You acknowledge that:

  • All investments carry risk, including potential loss of capital.

  • Returns are not guaranteed unless expressly agreed in writing.

  • Property market conditions can change and may affect deal timelines and outcomes.

  • Past performance is not a reliable indicator of future results.

You agree that you have reviewed and accepted these risks before proceeding.

4. Use of Funds

Funds you provide will be used strictly for purposes set out in the agreed investment summary, such as:

  • Acquiring, refurbishing, or trading property

  • Working capital for deal sourcing or development

  • Joint venture expenses

We commit to using funds responsibly and only for agreed purposes.

5. Due Diligence and AML Compliance

To comply with the Money Laundering Regulations 2017, we will require:

  • Proof of ID (e.g., passport or driving licence)

  • Proof of address (e.g., utility bill or bank statement)

  • Proof of source of funds (if applicable)

We reserve the right to decline investment if AML requirements are not met.

6. Reporting and Updates

We will provide:

  • Project updates at agreed intervals (e.g., monthly or quarterly)

  • Financial summaries or statements where relevant

  • Updates on expected return timelines and exit plans

All reporting will be provided in good faith and to the best of our knowledge.

7. Repayment / Exit Terms

The specific terms of repayment or return on your investment will be included in the individual deal agreement. These may include:

  • Fixed return (e.g., X% over Y months)

  • Profit share after project completion

  • Capital repayment on sale, refinance, or milestone

Repayment dates are estimated based on project timelines but may vary due to market or operational factors.

8. Confidentiality

All discussions, documents, and project information shared are confidential and must not be disclosed to third parties without our written consent, except as required by law.

9. Data Protection (GDPR)

We collect and process your personal data only to:

  • Comply with AML regulations

  • Administer your investment

  • Communicate updates and reports

Your data will be stored securely and processed in accordance with UK GDPR. You can request access or deletion of your data at any time.

10. No Financial Advice

We do not provide regulated financial advice. Any decision to invest is made solely by you and at your own risk. You are encouraged to seek independent legal and financial advice before proceeding.

11. Limitation of Liability

We will not be liable for:

  • Any indirect, incidental, or consequential loss

  • Market-driven delays or cost increases

  • Risks clearly disclosed in the investment summary

Our total liability is capped at the amount of your investment, unless otherwise required by law.

12. Governing Law

These Terms are governed by the laws of England and Wales. Any disputes will be handled under the exclusive jurisdiction of the English courts.

13. Agreement and Acknowledgement

By entering into an investment arrangement and transferring funds to Glaves Limited you confirm:

  • You have read and understood these Terms and Conditions.

  • You are satisfied with the risk disclosures and due diligence provided.

  • You agree to be bound by this Agreement in conjunction with any signed investment deal summary or contract.