Terms and Conditions

These Terms and Conditions govern the provision of our financial services in accordance with FCA regulations and applicable UK law.

Last updated: January 2025

Effective date: January 2025

1. Introduction and Regulatory Information

These Terms and Conditions ("Terms") govern the relationship between you ("Client") and our company ("we", "us", "our") in relation to the provision of financial services. By engaging our services, you agree to be bound by these Terms.

Regulatory Authorization

Company Name: [Your Company Name]

FCA Registration Number: [FCA Reference Number]

Registered Address: [Company Address]

Authorized Activities: Investment advice, portfolio management, dealing in investments

Regulatory Status: Authorized and regulated by the Financial Conduct Authority

We are bound by the FCA's rules and regulations, which are designed to protect consumers. You can verify our regulatory status at www.fca.org.uk/register.

2. Services Provided

We provide the following regulated financial services:

Investment Management

  • • Discretionary portfolio management
  • • Asset allocation services
  • • Risk management
  • • Performance monitoring

Investment Advice

  • • Personal investment recommendations
  • • Portfolio reviews
  • • Suitability assessments
  • • Financial planning guidance

Dealing Services

  • • Execution of transactions
  • • Order management
  • • Trade settlement
  • • Market access

Reporting Services

  • • Portfolio valuations
  • • Performance reporting
  • • Tax reporting
  • • Regulatory statements

3. Client Categorization

Under FCA rules, we are required to categorize clients. This affects the level of protection you receive:

Retail Client (Highest Protection)

Individuals and small businesses receive the highest level of regulatory protection, including access to the Financial Ombudsman Service and Financial Services Compensation Scheme.

Professional Client (Intermediate Protection)

Certain entities with relevant experience and knowledge may be classified as professional clients with reduced regulatory protections.

Eligible Counterparty (Basic Protection)

Large institutional clients may be treated as eligible counterparties with minimal regulatory protections.

We will inform you of your client categorization and you have the right to request different categorization where eligible.

4. Suitability and Appropriateness

Know Your Customer (KYC) Requirements

Before providing services, we must:

  • Verify your identity and address
  • Assess your financial situation and investment objectives
  • Understand your investment experience and knowledge
  • Determine your risk tolerance and capacity for loss
  • Conduct ongoing monitoring of your circumstances

Suitability Assessment

For investment advice and portfolio management, we conduct suitability assessments to ensure recommendations match your circumstances and objectives.

Appropriateness Test

For execution-only services, we assess whether you have the necessary knowledge and experience to understand the risks involved.

5. Fees and Charges

Our fees are transparent and will be clearly disclosed before you engage our services:

Fee Structure

Initial Advice Fee 0.5% - 1.5% of assets
Annual Management Fee 0.75% - 2.0% per annum
Transaction Costs As disclosed
Performance Fee Where applicable

Important Fee Information

  • • All fees are subject to VAT where applicable
  • • Fees are typically deducted from your portfolio
  • • We will provide annual statements showing all charges
  • • Third-party costs may apply and will be disclosed

6. Investment Risks and Warnings

Investment Risk Warning

The value of investments can go down as well as up and you may not get back the amount originally invested.

Past performance is not a guide to future performance and may not be repeated.

Market Risks

  • Market volatility and price fluctuations
  • Currency exchange rate risks
  • Interest rate changes
  • Inflation impact
  • Liquidity risks

Specific Investment Risks

  • Concentration risks
  • Counterparty risks
  • Regulatory and tax changes
  • Emerging market risks
  • Operational risks

7. Client Obligations

As our client, you have the following obligations:

Information Requirements

  • Provide accurate and complete information about your financial circumstances
  • Notify us promptly of any material changes to your situation
  • Respond to our requests for information in a timely manner
  • Inform us of any changes to your investment objectives or risk tolerance
  • Provide all necessary documentation for regulatory compliance

Payment Obligations

  • • Pay fees and charges as agreed
  • • Ensure adequate funds for transactions
  • • Meet settlement obligations
  • • Cover any losses or liabilities

Legal Compliance

  • • Comply with all applicable laws
  • • Provide tax information as required
  • • Maintain confidentiality
  • • Act in good faith

8. Complaints and Compensation

Our Complaints Procedure

Step 1: Contact us directly at complaints@northpropertyltd.co.uk

Step 2: We will acknowledge your complaint within 3 business days

Step 3: We aim to resolve complaints within 8 weeks

Step 4: You will receive a final response or explanation of delay

Financial Ombudsman Service

If you are not satisfied with our response, you may be entitled to refer your complaint to:

Financial Ombudsman Service

Exchange Tower, London E14 9SR

Tel: 0800 023 4567

Website: financial-ombudsman.org.uk

Financial Services Compensation Scheme

We are covered by the FSCS, which may provide compensation if we cannot meet our obligations:

Protection Level: Up to £85,000 per client

Coverage: Deposits, investments, insurance

Website: fscs.org.uk

9. Termination

Termination Rights

By You

  • • 30 days' written notice
  • • Immediate termination for cause
  • • No penalty for retail clients

By Us

  • • 30 days' written notice
  • • Immediate termination for breach
  • • Regulatory requirements

Upon Termination

  • • We will provide final statements and reports
  • • Outstanding fees and charges will be settled
  • • Assets will be transferred or liquidated as instructed
  • • Records will be retained as required by law

10. Governing Law and Jurisdiction

These Terms and Conditions are governed by and construed in accordance with the laws of England and Wales. Any disputes arising from these Terms shall be subject to the exclusive jurisdiction of the English courts.

Legal Framework

  • Primary Legislation: Financial Services and Markets Act 2000
  • Regulatory Rules: FCA Handbook and Technical Standards
  • Data Protection: UK GDPR and Data Protection Act 2018
  • Consumer Protection: Consumer Rights Act 2015

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

11. Contact Information

For questions about these Terms and Conditions or our services, please contact us:

General Enquiries

Email: info@northpropertyltd.co.uk

Phone: +44 (0) 20 1234 5678

Address: Your Company Name, Address Line 1, Address Line 2, City, Postcode

Compliance Department

Email: compliance@northpropertyltd.co.uk

Phone: +44 (0) 20 1234 5679

Complaints: complaints@northpropertyltd.co.uk