Terms & Conditions
Trading with Mayweather Estates Ltd is subject to these Terms and Conditions. References to “we”, “us” and “our” are references to Mayweather Estates Ltd. The terms “you”, “your” and “investor” refer to any individual, company or business to whom we provide our services by any means including, but not limited to, email, telephone, face-to-face contact, postal correspondence or via our website www.mayweatherestates.com
These Terms and Conditions (the “Terms”) govern the relationship between us and you. Please read these terms carefully.
We provide a non-advised property information and property sourcing service for property and property related goods and services in the UK and abroad hereon referred to as the “Service” or “Services”.
Details You Register With Us
You must provide us with complete and correct information when registering your details with us. This will allow us to keep you up to date on current and future opportunities. If your information changes, please inform us by telephone on 0161 212 7414 or by email to email@example.com.
Information We Provide
We provide details about investment opportunities, in the form of, but not limited to market research, statistics, forecasts, reports, herein referred to as “Information”. We provide Information obtained from a number of third party sources including developers, valuers, estate agents and letting agents. Whilst we endeavour to provide accurate, up-to-date and complete Information we make no warranties or representations as to the accuracy, reliability or completeness or otherwise of the Information and assume no responsibility or liability for any omissions or errors contained in the Information.
Taking Part in Our Investments
We will offer you opportunities for investment and we will endeavour to provide you with credible information. We will speculate on both the level of investment required and the potential returns. This is based on our research and analysis. Due to the speculative nature of such opportunities, the information we provide should be considered our ‘opinion’ and in no way implies we are providing advice of any kind.
Investors are encouraged to carry out their own analysis and judgment of the investment being offered. You are advised to carry out an independent legal and financial assessment of any opportunity offered to you, before making any commitment to participate. Please remember that the price and value of any investment and income generated from it can go down as well as up. If you are in doubt about any investment decision you should seek the advice of a suitably qualified person.
Valuation information provided by us from sources like Land Registry, Rightmove and other property price and rental data sources are provided ‘as is’ and for information purposes only. RICS valuations carried out by us or on our behalf or via third parties are provided to you for information purposes and valuation opinions can vary between valuers and between dates. We cannot take responsibility for a valuer changing their opinion over time or a different valuer providing a different opinion.
Mortgage products referred to in the web site can be withdrawn or changed by the lender without notice and any reference to any products in any of our marketing. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only. Mayweather Estates Limited is not a mortgage broker and any reference to mortgage products, terms and rates are for example purposes only and may not be construed as an offer or a fundamental component of the investment opportunity that we are offering. Please seek financial advice from a mortgage broker who can confirm the current availability of mortgage products and their terms. Any indication of cash investment required for a property is an example and could change significantly for each investor.
Fees directly paid by you to us for investment opportunities introduced to you by us, vary per opportunity, but will always be disclosed to you before you commit to participate in any such opportunity by way of a reservation and a Finder’s or Arrangement Fee agreement form as applicable. There may be marketing fees and /or costs and / or commissions payable to Mayweather Estates Ltd by the vendor/supplier in some cases. We are the agent for the vendor regardless of any charges levied to other parties and are not agent to the buyer. Payment of any such fee by the vendor/supplier is either disclosed on completion paperwork or may be calculated and then provided to you upon request at any time prior to that. Payment of your Finder’s or Arrangement Fee or signing of any of our reservation or other purchase paperwork confirms your acceptance of these Terms and Conditions and that any disclosure or otherwise is adequate for your purposes. You confirm that the total purchase price and the total fees payable by any party to any party are acceptable to you, that you have made any enquiries you wish to make and it is on this basis that you have assessed the suitability of the investment for your purposes in terms of the total acquisition price including all fees.
The deposit to exchange is payable to a solicitor who will hold the monies until such time as legal ownership of the property is transferred to you (usually on exchange of contracts). This system aims to protect both you, and us. We reserve the right to withdraw the opportunity to purchase a property procured by us if you fail to pay our fees in full and at the appropriate time. If you cancel a purchase with us and have paid fees to us by that time then we may permit the transfer (at our sole discretion and not a contractual obligation upon us) to another property. If a vendor withdraws a property from sale after you have reserved it with them and you have paid us an Arrangement Fee then this fee is automatically transferable to another property of your choice that we have for sale (or may source specifically for you) and we will provide reasonable endeavours to locate an alternative property investment within three months of this unusual and unlikely event.
Unless otherwise agreed in writing by us, all fees are payable within 7 days from your commitment to purchase a property, usually in the form of a Reservation Fee and Finder’s Fee, which are quoted exclusive of VAT. These fees will usually be payable to the developer and Mayweather Estates Limited respectively for the right to reserve a property and take it off the market for a period of time and are non-refundable if you decide not to proceed for any reason.
Use of our services
“An opportunity or supplier introduced by us” means any investment opportunity which may include, but is not limited to land, property, apartments, homes, entire developments, whether constructed or not at the time of introduction.
If you, without notifying us, and within one year of the date an opportunity was originally introduced to you by us
- engage in any capacity directly with a supplier originally introduced to you by us,
- engage with the supplier or developer over new opportunities,
- or if you or a member of your family or someone else known to you refers an opportunity introduced to you by us to another person, or body and that person or body engages in any capacity directly with the supplier or developer of the opportunity,
You will be liable to pay our fee at the prevailing rate.
Third Parties introduced to you by us
We will endeavour to suggest solicitors, developers, mortgage brokers, furniture suppliers, letting agents and estate agents or other third parties (“Third Party” or “Third Parties”) of good calibre, who offer a service or product deemed to be of good quality and reasonable cost. However, we make no warranties or representations as to the reliability of the services provided by Third Parties and assume no responsibility or liability for their actions, omissions or errors. If you make any arrangements with a Third Party found or suggested to you by us, it is at your sole risk and responsibility.
We will respect your personal information and comply with all applicable UK Data Protection legislation and rules currently in force. We will use any information provided by you to us to constantly monitor and improve our services to you and for marketing purposes. We may also use such information to send specific correspondence which, in our opinion, may be of interest to you.
These Terms constitute the entire agreement between you and us, supersede any previous agreement or understanding and may not be varied except in writing between us. All other Terms and Conditions, expressed or implied by statute or otherwise, are excluded to the fullest extent permitted by law.
These Terms shall be governed by and construed in accordance with the laws of England and Wales and all disputes arising in connection with them shall be submitted to the exclusive jurisdiction of the English Courts.