| Terms
and Conditions Oak Tree Property Portfolios Limited
Registered
at 17 St. Mary’s Street, Malmesbury, Wiltshire, SN16
0BJ Company
No. 06676359When
you purchase property through Oak Tree Property Portfolios
Limited, you are agreeing to our Terms and Conditions.
A.
Our Relationship
- You
agree that as our client you will not approach a developer
direct or attempt to purchase any property we send you details
of except in accordance with the provisions of this Agreement.
You must not use the confidential information or disclose
it to any third party save in connection with a proposed
purchase of a property using our services.
- Oak
Tree Property Portfolios Limited uses all reasonable efforts
to ensure that the property details and information published
in any marketing format, including email and website, is
current, complete and accurate at the time of publication.
Oak Tree Property Portfolios Limited make no express or
implied warranties or representations as to the accuracy
of all such information and will not accept responsibility
for any errors, omissions, inaccuracies or misunderstandings
arising out of any information provided in whatever format
it may appear.
-
Oak Tree Property Portfolios Limited will not be liable
for any damages arising out of or in connection with the
use of any information provided in whatever format. Any
property sales details published are produced in good faith
and are not intended to form part of any contract
-
In compliance with our privacy policy, Oak Tree Property
Portfolios Limited agrees not to pass your registration
details on to any third party without your express permission.
However, your details will be passed on to the recommended
mortgage broker and solicitor on the reservation of a property.
-
The client should make your own searches and enquiries in
relation to any property we supply information about. Oak
Tree Property Portfolios Limited cannot be responsible for
your decision to purchase or not to purchase a particular
property or for the price or other terms on which you purchase
any property. Under no circumstances will we be responsible
for any losses or expenses you may incur as a result of
purchasing or not purchasing a property we introduce to
you.
-
We will not be liable for any failure to fulfill our obligations
under the Agreement or delays in doing so due to circumstances
beyond our control including without limitation:
i. breakdown or malfunctioning of any equipment used by
us
ii. breakdown or malfunctioning of the World Wide Web or
other communication links between us
iii. external interference with information by hacking or
otherwise
iv. viruses affecting any communications between us.
-
Oak Tree Property Portfolios Limited activities include
research of properties and locations, property sourcing,
customer support and administration.
B.
Financial Advice
- Oak
Tree Property Portfolios Limited is not providing and will
not provide any financial advice as regulated by the Financial
Service Authority. You should always obtain your own independent
legal and financial advice.
- Property
values can decrease in value as well as increase in value.
We recommend you conduct your own due diligence exercise
and take independent advice. At all times you must decide
if property investment is suitable for your own financial
and personal situation.
C.
Property Reservations
- To
reserve a property you must pay a Reservation Fee of £1,200
plus VAT, which at the current rate of 17.5% equals £1,410.
These fees must be paid in full within 3 days of reserving
a property. Reservations must be made in writing (post or
fax) or by email. Failure to pay the full fees or longer
than 3 days will result in the property being offered to
our other clients.
- In
accordance with Industry Standards and practice, Reservation
Fees are non-refundable in the event of the transaction
not proceeding by the client.
D.
Transaction Progress
- You
agree to use the services of the mortgage brokers/advisors
introduced to you by Oak Tree Property Portfolios Limited
when purchasing any property through us. You will be responsible
for paying for your own survey and mortgage broker fees.
- You
agree to use the services of the independent solicitor introduced
to you by Oak Tree Property Portfolios Limited when purchasing
any properties through us. You will be responsible for paying
your own legal fees, including Stamp Duty Land Tax, search
fees, conveyancing fees and any other relevant disbursements.
-
After reserving the property you will use all reasonable
efforts to progress the purchase and will deal with all
communications from Oak Tree Property Portfolios Limited
and from your mortgage brokers and solicitors as quickly
as possible. You will provide us with such information as
we request to enable us to help the purchase progress and
agree that your mortgage brokers and solicitors will disclose
any information as necessary.
-
Oak Tree Property Portfolios Limited will not be held responsible
if you are unable to complete on a deal nor if you fail
to meet any timescale imposed by the Developer. Under most
normal conditions you should be in a position to obtain
a mortgage offer and exchange contracts within 40 days of
reserving your property.
-
If the purchase of a property does not proceed because of
the developers or vendors withdrawal within the agreed timeframe
for exchange or completion of contracts, we will refund
any fees (excluding Reservation Fees and fees paid to third
parties) within 30 days of your written request.
-
If for whatever reason you decide not to proceed with the
purchase of a particular property in which case we reserve
the right not to refund any fees you have made to us.
-
You may not assign this Agreement without our prior written
consent.
-
Oak Tree Property Portfolios Limited may receive a fee or
commission directly from the Developer or from the Seller
of the property that you are purchasing.
E.
Termination
- Oak
Tree Property Portfolios Limited may terminate the agreement
at any time if in our absolute discretion we consider that
you are in breach of the terms of this Agreement.
F.
Agreement
- The
whole of the Agreement is set out above and in these Agreement
Terms. No other terms or representations apply to or are
incorporated into the Agreement unless set out in writing
and signed by you and by a Director of Oak Tree Property
Portfolios Limited. No subsequent variation of the Agreement
shall be effective unless set out in writing and signed
by you and by a Director of Oak Tree Property Portfolios
Limited.
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