In order to be eligible to receive more documentation such as information memorandum’s from the investment providers, you will need to declare what type of investor you are. This is predominantly based upon your investment experience and / or the level of assets that you own, not including the equity you own in your primary residence.
The process of providing the statement is able to be completed digitally, on a recorded telephone line or via post with a hard copy and is also known as self certification. When completed digitally, the self-certification process takes approximately 2 minutes.
There are three main categories that investors will be one or more than which are:
High Net Worth Individual (this is typically when a person earns £100,000 or more per annum or has £250,000 or more in assets not including the equity in their home)
Self-Certified Sophisticated investor (this is typically when a person has invested in two or more unlisted bonds or stocks in the past year as well as other factors)
Restricted Investor (this is when you are neither of the above. Your are restricted to investing a maximum of 10% of your net worth, not including the equity in your home)
If eligible, you can complete and sign the online self-certification form using your mouse or smartphone and once we receive the completed form we will send you the Invitation Document and the ‘next steps’ email.
However, if you have signed a Statement previously and it is within the period of 12 months ending with the day on which this communication is made, then you can submit a copy to Bridge Lending Ltd by emailing us.
We need to make you aware that Bridge Lending Ltd is exempt from the general restriction on the communication of invitations or inducements to engage in investment activity on the grounds that it is made to a Certified High Net Worth Individual, a Self-Certified Sophisticated Investor and/or a Self-Certified Restricted Investor. Any individual who is in any doubt about the investment to which the communication relates should consult an authorised person specialising in advising on investments of the kind in question.
By completing the self certification process, you qualify to receive information from the investment provider(s). You may also remove the ability to receive this information.
By declaring that you are a certified high net worth / sophisticated investor or Everyday / Restricted investor for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, you are also declaring that you understand that this means:
- you can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;
- the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;
- by signing this statement I may lose significant rights;
- I may have no right to complain to either of the following –
- (i) the Financial Conduct Authority; or
- (ii) the Financial Ombudsman Scheme; and
- I may have no right to seek compensation from the Financial Services Compensation Scheme.