Terms and Conditions

Terms & Conditions

General

1) By completing and returning the enclosed Application Form, you are making an application to invest in Bonds (the “Securities”) issued by Surrey Investments UK Limited (the “Issuer”) pursuant to an offer contained in an Information Memorandum dated —– issued by the Issuer (the “IM”), which sets out important information about the Issuer and the Securities. The IM (along with the Investor Document, defined below) is available from www.surreypropertyinvestment.com . Your Application is subject to the following terms and conditions. Capitalised terms that are not defined in these Terms and Conditions will have the meanings given to them in the IM.

2) Your investment will only be accepted once you have completed all of the Issuer’s registration requirements and all other requirements for making an Application on or before the close of the Offer, which will include any tests, certifications, or declarations as required by the Issuer or its advisers, from time to time.

3) Payments must be made in cleared funds to SURREY UK INVESTMENTS LTD before any Securities will be issued.

4) All Applications must be made, and Securities will only be issued, in accordance with the IM, including these terms and conditions, as well as the provisions of the instrument constituting the Securities, the security trust deed and the debenture each dated —— (together, the “Investor Documentation”). You are taken to have had notice of and be bound by the Investor Documentation and consent to the appointment of the Security Trustee as described therein.

5) Investors will have five (5) days to be able to cancel an application once they have signed the application form.

6) In making your Application, you acknowledge and confirm:

a) that you are not relying on any information given or any representations, warranties, agreements or undertakings (express or implied, written or oral) or statements made at any time by the Issuer or any other third party whether acting on their behalf or otherwise, in relation to the Issuer or any group entity other than as contained in the Investor Documentation and that, accordingly, neither the Issuer nor any directors, officers, agents,

employees or advisers of the Issuer, or any such entity or any person acting on its behalf shall have any responsibility for any such information, representations, warranties, agreements or undertakings (express or implied, written or oral);

b) you are not relying on the Issuer or any of its named advisers to advise you as to the merits of investing in the Securities or to ensure that the Securities are a suitable investment for you; c) you have read and understood the IM, including the section headed “Risk Factors” and the summaries of the Investor Documentation contained in the IM. Without limiting the preceding sentence, you understand and accept that:

i) there may be tax consequences for you in investing in Securities (and these may include deduction of withholding tax). General information as to tax for UK individual investors as well as certain other types of investors is set out in the IM but you should consider your own personal tax position and take professional advice as appropriate; and

ii) you are either an individual who is 18 years old or more at the date of making your Application and who is not resident in the USA (“US Person”) or you are the authorised representative(s) of a non-natural person, including a limited company, a limited liability partnership, trust or foundation that is not registered in the USA;

d) your making of the Application, being issued with Securities and/or receiving any payments in respect of the Securities, does not contravene any law or requirement of any official or government body based outside the UK to which you are subject. Without limiting any other terms and conditions, you acknowledge and confirm that you are not a US Person, are not receiving Loan Notes in the United States and are not acquiring Bonds for the account of a US Person;

e) you are aware that it is open to you to seek advice from someone who specialises in advising on investments;

f) unless the Issuer expressly agrees otherwise, any third-party adviser or intermediary is not entitled to be paid any commission in relation to your Application. If the Issuer does agree otherwise, it will set out details of the commission which it has been agreed will be paid in advance of you making an investment, either in writing or on its website, and such commission will be paid by the Issuer;

g) you acknowledge that the Issuer may, in its absolute discretion, reject in whole or in part or scale down your Application and may, if necessary, return monies to you by cheque to the postal address specified in your Application;

h) you are not engaged in money laundering. No money paid in subscription for Securities shall represent the proceeds of any criminal activity;

i) unless you have disclosed to us that you are applying on another person’s behalf (for example, as an intermediary who has disclosed Its client’s identity) you must make your Application on your own behalf and for no other person; and

j) the Issuer its directors, employees, agents and advisers will rely upon the truth an accuracy of the confirmations, acknowledgements and representations contained in your Application.

MONEY LAUNDERING

7) It is also a term of your Application that, to ensure compliance with the legislation relating to money laundering and financial crime, the Issuer and its advisers may, in their absolute discretion, require information and/or evidence or further verification of your identity and the directors of the Issuer may decide not to issue Securities to you until they are satisfied as to your identity. If within a reasonable time after a request for information or evidence as to your identity, satisfactory evidence has not been supplied, the Issuer may, at its absolute discretion, terminate your Application in which event no Securities will be issued to you.

THIRD PARTY RIGHTS

8) Any member of the Issuer’s group, any directors, officers, LLP members, agents, employees or advisers of the Issuer or any such group entity or any person acting on behalf of any of them may rely upon a right under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of these terms and conditions that refers to an acknowledgement, confirmation, authority or right in their favour. No other person shall have a right under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of these terms and conditions. Notwithstanding any term of these terms and conditions, the consent of any person who is not a party is not required to rescind or vary these terms and conditions.

JURISDICTION

9) The making of Applications, acceptances of Applications, the issue of Securities to Investors and any resulting contracts in relation to the Securities will be governed by and construed in accordance with English law and you and the Issuer submit to the exclusive jurisdiction of the relevant courts of the United Kingdom in relation to any disputes, as to the making or acceptance of Applications and in relation to any resulting contracts.

CERTIFICATES

10) Once your application has been accepted the Issuer will issue confirmation via email/ postal within 28 days. Surrey Property Bond will issue investors a form of certificate documenting their legal entitlement to the Securities issued to them. The Issuer is not bound to take notice or see to the execution of any trust whether express, implied or constructive to which any Securities may be subject.

Privacy Policy

Please read the following privacy & cookie policies carefully. You should only use Surrey Property Bond website and complete an Application Form if you agree to the use of your personal information in accordance with these policies.

We may need to update these policies to reflect changes in legislation, as well as any changes to our business from time to time. Please check these policies regularly to ensure you are familiar with their terms.

Data Protection

Surrey UK Investments is committed to protecting and respecting your privacy. By using our website, and any services we offer via our website, you are agreeing to the processing of your data as set out below. We sometimes use your data to provide additional marketing services, but you can opt out at any stage.

When do we collect your personal information?

We may collect personal information when you:

  • Visit our website or social media platforms
  • Contact us by telephone, email, letter or any other form of messaging.
  • Visit any of our developments
  • Complete any of our website forms for a service request
  • Access information about our developments via a third-party provider e.g; Rightmove or Zoopla
  • When you enter into any transaction with us, whether it’s in person or any other way
  • If you request information from us with a view to entering into a transaction with us

This may include your:

  • – Name
  • – Email Address
  • – Postal Address
  • – Phone Number

This policy also covers our use of any of your personal information, whether provided to us in person, over the phone, via email, SMS or any social messaging, via website forms, property portals or in other correspondence.

Requests for additional information

Sometimes we will require you to provide further personal information. This may be if you are purchasing or thinking about purchasing a home from us, or if you ask us to contact you with properties/developments that may be of interest to you. Whenever we do this, we will tell you why we are collecting this information and how we will use it.

CCTV

Some of our developments and Sales Offices use CCTV to make sure we provide a safe and secure environment for all visitors to our premises and to ensure the protection of our employees and property.

How we will use this information

We do not sell your personal data to third parties and will only use your personal information to provide you with details of our own properties or developments which we believe will be of interest to you. Sometimes we need to share personal information we hold about you with other organisations that we work with or who provide services on our behalf. When sharing information, we will comply with all aspects of data protection law.

Examples of these organisations are:

  • Security Trustee appointed by Surrey UK investments to provide services to our investors
  • Solicitors

Where sharing is in our legitimate business interests, we may share your information without seeking your consent first.

In addition, we may use your information to:

  • Contact you – if you have indicated a specific interest in a property/development, investment opportunity or a particular area in which we have properties/developments available. Contact will either be direct from Surrey UK investments or from one of our estate agent partners if appropriate.
  • Provide a relevant service – If you have contacted us for a specific purpose or accessed our services by completing a website form and not opted out or in the case of After Care if you have moved into an Surrey UK Investment home.

When will we contact you?

We may contact you:

  • For legitimate purposes aligned with our contract
  • Where it is necessary for our legitimate interests (or those of a third-party eg estate agents or solicitors) and your interests and fundamental rights do not override those interests
  • In relation to a previous communication from you. This includes any comment or complaint concerning us, our services, properties or developments, investment opportunities or any previous contact we may have had with you
  • If you requested further information or signed up to a product, property, investment or development, whether directly through us or via a third-party provider, such as a property portal
  • If you have expressed an interest in a specific product, property, investment or development
  • To provide you with additional information concerning a specific property/development, type of property/ development, investment opportunity or similar properties/developments to those in which you have expressed an interest
  • For marketing purposes, if you have chosen to receive a service from us by completing one of our website forms and not opted out

Contacting you for marketing purposes

We will only contact you for marketing purposes, via email or phone, if you have agreed to this or where you have requested a service from us and not opted out at a later date. You can easily unsubscribe from any of those sources at any time by clicking the unsubscribe button on the bottom of our marketing emails or by emailing us at ……..

We will deem a service request to be any of the following:

  • Make enquiry – when you enquire about one of our investment opportunities
  • Request a call back – when you request us to call you back to find out more about one of our investment opportunities
  • Register your interest –where you ask us to keep you updated on a investment opportunity that is ‘coming soon’

Keeping your information private

Your information will be kept private and confidential, except where we are obliged/permitted to share it with third parties by law (e.g. Government bodies, law enforcement agencies and similar).

All data passed through this website is encrypted, for added peace of mind.

Data Retention

We will only retain your personal data for as long as necessary to fulfil the purposes we collected it.

Surrey UK Investments will not pass your details on to any third parties who aren’t listed in this policy and without a legitimate interest. The information may be used to contact you about COMPANY developments, products or services which may be of interest to you. If you do not wish to receive such information please write to: …..

Accessing our platforms from outside the UK

Depending upon your location, different privacy rules may apply as a matter of law. These are presently harmonised within the EU, but you should note that any personal information that we use, or process is done so in accordance with the law applicable in England, Wales or Scotland, as appropriate.

Cookie Policy

The following gives information about our cookie policy: it covers our use of remarketing advertising; tracking cookies; and how we use cookies on our website.

Advertising Policy

We use tracking cookies to remarket our products to website visitors, as well as to display advertising to similar audiences and other interested parties. Once you have visited our site, you may see adverts for our products and services on other websites that you visit on the World Wide Web. While these cookies do not collect any personally identifiable information, they may be used by third-party vendors (such as Google) to enable us to market to you based on your interests.

What are cookies?

Cookies are small text files that are placed on your device when you visit a website. Cookies can be temporary files (only lasting as long as your website session), or permanent (being stored on your machine until your next session on the website). Cookies can be first party (that is, the only capable of being read by the website that set those cookies on your machine), or a third party (capable of being read by other websites that you might visit).

Cookies generally allow websites to function properly and improve your experience of the internet.

What do we use cookies for?

The COMPANY website uses cookies for several reasons. We use the following kinds of cookies:

Necessary and Functional: These cookies enable our website to function properly. Performance Cookies: These cookies collect anonymous data about visitors to our website. This data is used to alert us to any problems in the performance of our website, and to improve the content and quality of our website. This data is then analysed using Google Analytics.

Tracking: These anonymous cookies allow us to run targeted advertising campaigns via the Google Adwords platform (specifically the GDN (Google Display Network)). These cookies are used to provide information about our goods and services. All of the information provided by the cookies that we use is anonymous; these cookies do not collect personal information about visitors to our website. Our Cookie Policy

By visiting our website you, the visitor, implicitly consent to cookies being placed on your device. If for any reason, you would like to remove these cookies, then instructions on how to do so can be found in the resources section below. If you no longer wish to receive advertising from us on sites that you visit on the internet, on the basis of Google’s third-party tracking cookies, then please refer to Google’s Ad Preferences page to learn how to disable adverts.

Risks

As with any investment, there are risks. The offer document should be read in full as it will cover the risks for individual investments, but it is also important you understand the following general risks.

Your personal decision to invest

The Issuer does not provide financial, investment or tax advice to investors. It is your responsibility to decide whether to make a specific investment or not, including carrying out relevant background research. Additionally, Promotion Capital does not take any responsibility for the consequences of your investment decision. If you do not understand anything regarding this investment, you should seek independent financial advice from someone authorised under the Financial Services and Markets Act 2000. We recommend that you take tax advice on any investments that you make.

Your capital is at risk

Investments promoted by the Issuer put investors’ capital at risk. Investing in unlisted, smaller companies carries additional risk when compared to listed, established companies. The value of the investments may decline and investors may lose all or part of their investment.

No FSCS Protection

The Issuer is not authorised or regulated by the FCA. Therefore, any losses incurred by the failure of the bonds that you have purchased WILL NOT be protected by the Financial

Services Compensation Scheme (‘FSCS’). If the Issuer ceases to exist or goes into liquidation you would not be able to raise a complaint through the FSCS.

Returns not guaranteed

Payment of interest on bonds dependent on the success of the business model of the company that is issuing the bonds. Therefore, the returns are not guaranteed and you may not get back the full amount invested.

Lack of liquidity

Investments offered on this page are not readily realisable, which means that they may be difficult to sell and you may not get back the amount of money invested. Your capital is at risk and returns are not guaranteed. Repayment of capital and interest will be dependent on the success of the Issuer’s business model.

Need for diversification

Diversification by spreading your money across different types of investments should reduce your overall risk. Investors should only invest a proportion of their available investment funds in this offer due to the high risks involved.

Differing risk profiles

Bond offers contain different and specific risk factors, which you should consider in full by reading the offer document. These risks relate specifically to the type of investment product and the individual company in which you are investing.

Past performance

Past performance is not a reliable indicator of future performance. You should not rely on any past performance as a guarantee of future investment performance.