Website Terms and Conditions
1. Introduction
Welcome to HS Capital Ventures Limited ("Website"). These Terms and Conditions ("Terms") govern your use of this Website and any services, products, or information provided through it. By accessing or using this Website, you agree to comply with and be bound by these Terms. If you do not agree to these Terms, please refrain from using the Website.
2. Important Notice
The content provided on this Website, including any bridging finance illustrations, is for informational purposes only and does not constitute a formal offer of finance. All information is indicative and subject to change. Neither the Website nor its operators are legally bound by any information presented unless otherwise stated in a formal agreement.
3. Unregulated Finance - FCA Exemption
Any financial products or services referenced on this Website pertain to unregulated bridging finance provided under an FCA business exemption. Such products are intended solely for business or investment purposes and are not regulated by the Financial Conduct Authority (FCA). As a result, consumer protections under FCA regulations do not apply.
This exemption applies under but not limited to the following circumstances:
- The borrower acts wholly or predominantly in a business capacity.
- The loan is utilized for property purchase, development, or investment for business purposes.
- The borrower qualifies as an experienced or high-net-worth individual or entity, and not as a consumer.
Users should assess whether unregulated finance is suitable for their needs and seek independent legal and financial advice before proceeding.
4. Nature of the Loan Information Provided
Any loan details presented on this Website are for illustrative purposes only. Bridging finance is a short-term, asset-backed loan, which may require security in the form of property or other acceptable assets.
- Security: A legal charge will be placed on the asset used as security.
- Interest Rates & Fees: All interest rates, arrangement fees, and other costs are indicative and subject to final lender approval.
**5. Repayment and Exit Strategy**
Users must have a clear repayment strategy for any potential loan discussed on this Website. Common exit strategies include:
- Selling the security property or another asset.
- Refinancing the loan with long-term finance.
- Utilizing cash flow from business or investment activities.
Failure to meet repayment obligations may result in enforcement actions, including the sale of secured assets.
6. Conditions Precedent for Any Formal Finance Arrangement
Before any formal financing agreement is finalized, the following conditions must typically be met at the cost of the borrower:
- Clear property title
- Satisfactory credit and background checks.
- Independent valuation of security assets (if required).
- Adequate insurance coverage with the lender’s interest noted.
7. Borrower Responsibilities
- Risk Disclosure: Users acknowledge that bridging finance is a high-risk financial product and may lead to asset repossession if repayment obligations are not met.
- Independent Advice: Users are strongly encouraged to seek independent legal and financial advice before engaging in any loan agreement.
- Business Purposes:Any financial product referenced is intended strictly for business or investment purposes, not for personal or consumer-related use.
8. Fees and Charges
Users should be aware of potential costs associated with bridging finance, including but not limited to:
- Arrangement Fees: Will be required at drawdown.
- Valuation Costs: If applicable, valuation expenses must be covered by the borrower, regardless of whether the loan is finalized.
- Legal Fees: The borrower is responsible for their own legal fees as well as the lender’s legal costs on an undertaking basis.
- Exit Fees: May apply upon repayment of the loan, as per the lender’s terms.
9. Confidentiality
All information provided to and from this Website shall be treated confidentially by both parties. However, we may disclose certain information as required by law or through mutual agreement.
10. Website Disclaimer
- The information on this Website does not constitute financial advice, an offer to lend, or a legally binding agreement.
- All loan terms and conditions are subject to formal contract documentation and lender approval.
- The Website owners reserve the right to modify or remove any content without notice.
- No liability is accepted for any loss or damage resulting from reliance on the information provided herein.
11. Changes to Terms and Conditions
We may update these Terms from time to time. Any changes will be posted on this page, and your continued use of the Website constitutes acceptance of the revised Terms.
12. Governing Law
These Terms and any dispute arising out of or related to them shall be governed by and interpreted in accordance with the laws of England and Wales.
13. Contact Information
If you have any questions about these Terms, please contact us at info@hscv.co.uk