Terms and Conditions

Introduction

This document sets out the terms and conditions (the "Terms") that apply to your use of our bridging loan broker services (the "Services").

By using our Services, you agree to be bound by these Terms. If you do not agree to these Terms, you must not use our Services.

1. Definitions

In these Terms, the following terms have the following meanings:

• “Bridging loan" means a short-term loan that is used to finance an investment property transaction.
• "Fees" means the fees that we charge for our Services.
• "Aarnic Bridging Comparison broker" means a company that obtain quotes for clients.

"Client" means a person who uses our services to find a bridging loan or to find a solicitor or to find a valuer.

"Services" means the bridging loan broker services that we provide to clients.

2. Our Services

We will use our best efforts to obtain quotes from lenders, solicitors and valuers. We do not provide any advice in selecting best quotes. You may seek independent advice. We will not be liable if we are unable to arrange a bridging loan for you.

3. Fees

We charge a fee for our Services. The fees paid by clients are refundable if they complete bridging loan or solicitor or valuer transaction through our website. Fee is non-refundable if loan doesn’t complete or solicitors or valuers service does not complete within 3 months of applying. The amount of the fee will be agreed in advance between you and us before you start applying for a loan or other services.

4. Your Obligations

You must provide us with all the information that we reasonably require to arrange a bridging loan for you. You must also keep us informed of any changes to your circumstances that may affect your ability to repay the bridging loan. If you have selected solicitors or valuers services then you must provide all the required information on timely manner to them.

5. Our Obligations

We will use our best efforts to arrange a bridging loan for you on terms that are acceptable to you and the lender. We will keep you informed of our progress.

6. Governing Law

These Terms will be governed by and construed in accordance with the laws of England and Wales.

7. Entire Agreement

These Terms constitute the entire agreement between you and us in relation to your use of our Services. They supersede all previous agreements, arrangements and understandings between you and us, whether written or oral.

8. Severability

If any provision of these Terms is held to be invalid or unenforceable, such provision will be struck out and the remaining provisions will remain in full force and effect.

9. Waiver

No waiver of any provision of these Terms will be effective unless in writing and signed by both parties.

10. Variation

We may vary these Terms from time to time. Any variation will be effective immediately on being posted on our website. Your continued use of our Services after any variation will be deemed to be your acceptance of the variation.

11. Dispute Resolution

Any dispute arising out of or in connection with these Terms will be subject to the non-exclusive jurisdiction of the English courts. First, contact the company to resolve your dispute.