Please note that we have updated our Terms and Conditions in light of the deployment of the Secondary Market.
In accordance with regulations, any purchases on the Secondary Market are not subject to any cooling off period or cancellation policy and, once completed, there is no opportunity of cancelling your investment.
You can see this clause at 18.2 on the T&Cs.
This update has been made because:
- The arrangement that you may wish to cancel is between you and the other investors from whom you bought shares, not Property Moose; and
- The purchase of those shares has been fully completed at your express request.
As the transactions are a contract concluded between the buyer and the seller (via the SPV), and not by Property Moose, we are therefore not obliged to cancel or refund any share purchases that are made on the Secondary Market.
Please get in touch on support@propertymoose.co.uk if you have any questions.
Disclaimer and Legals
Property Moose does not provide any advice in relation to investments and you must rely on your own due diligence before investing. Please remember that property prices can go down as well as up and that all figures, rates and yields are projections only and should not be relied on. If in doubt, please seek the advice of a financial adviser. Your capital is at risk if you invest. This post has been approved as a financial promotion by Resolution Compliance Limited.
Property Moose is a trading name of Crowd Fin Limited which is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (no: 574048).
The post A Note on our Updated Terms and Conditions appeared first on Economoose.
No comments:
Post a Comment