All investments have risk. It is important that you understand what the risks are and how they are managed by the investment provider.
Each investment will provide their information memorandum (IM) or similar document(s) that detail their risks and other key points so that an investor can make their decision from a well informed position.
It is important that every investment is made with a full understanding of risks and rewards. Bridge Lend is not authorised or regulated by the FCA and does not offer financial advice, recommendations or opinions.
You should seek qualified financial advice from a FCA regulated financial advisor should you wish financial advice. Please see a list of financial advisors that you can chose from in your local area from the following website: https://www.unbiased.co.uk/
Our Consultation Process
Bridge Lend pays for ongoing legal advice to guide us to enable investors to receive information in a FSMA (financial services and market act 2000) compliant manner. There is a typical sequence that must be followed by all parties involved which is outlined below:
- Bridge Lend receives an inbound request for information.
- You explain what you are looking for ideally such as returns, timeframe, sector of investment, etc.
- You qualify yourself by completing a self certification that states what type of investor you are. This is based on the level of assets you own outside the equity in your property and / or the level of investment experience you have.
- The self certification you send us (which we can send a template of digitally), is forwarded to investment providers that you express an interest in. They then send you their marketing and promotional material directly which is designed for you to be able to make your decision on.
Some investments require you to speak to one of their directors and some require you to have an account with a brokerage such as when you buy a listed bond or stock.
Once you feel ready to purchase, you can inform the investment provider directly or your Bridge Lend agent can take a note of what you want to do and inform the investment provider for you. Each investment provider has an onboarding process and a customer services department to assist.
It is important that all clients know that Bridge Lend acts solely as an introducing entity and that the performance of the investments that we introduce you to is not our responsibility. Bridge Lend believes that all of the investment providers.
Investment providers typically require their investors to state what type of investor they are. This is because these investments are typically classified as high risk and only people with adequate capital and / or investment experience should take part.
The process of self certification is the method that is accepted that allows investment providers to send their marketing and promotional material to someone – it effectively qualifies an individual to receive the information.
Bridge Lending Ltd has a digital mechanism of sending, completing and returning your self certification simply and efficiently. You will be sent the self certification link via email. The link will take you to a digital form that has the appropriate statement that has been pre qualified after a discussion with your agent. You are to read and complete the form which is only required to have your name, email address and a e-signature.
Once Bridge Lend is in receipt of your self certification, your agent can forward it to the investment providers that you want information from. This means that you only need to complete one self certification per year (term of validity) and it can be sent to whichever investment provider that you want.
The process of completing a self certification typically takes 1 to 2 minutes. Click the links below for further information.
A 14-day “cool down” period is administered by investments introduced by Bridge Lend, as per distance selling regulations. During this time you can request back funds from the bond issuer or investment fund, should your financial circumstances change.
After 14 days, you will be sent a welcome pack by the bond issuer or investment fund that includes a welcome letter, information memorandum, receipt of funds and a copy of the LP6 form. The LP6 form shows the administration of the partnership and investment amount and is filed and recorded at Companies House.
Your returns are paid by the bond issuer or investment fund as per the terms of your investment.
At the end of your investment term, once all the money due to you has been paid, your interest in the investment or Partnership will be dissolved.
AML – Anti Money Laundering requirements
As with any investment transaction, you will be required to provide two forms of identification for Anti Money Laundering (AML) purposes. The current requirements are copies of photographic identification and proof of address.
Photographic ID, Passport or drivers license;
Proof of address, utility bill, bank statement letter from HMRC. The copy of this document must show a date within 3 months of the current date to qualify. Only your name, the date and your address are required to be seen on the headed paper – all other details such as bank or bill values can be blacked out.
Your AML is required by every investment provider for your purchase to complete. Bridge Lend has been advised that it is also required to keep a digital copy of your identification for its own records once you decide to purchase. Your identification as well as any other personal details we hold on file for you are kept in line with all current data protection legislation and will not be shared with any third parties without your consent.