At Property Bridges we aim to make investing in property more efficient for existing investors and also open up these popular asset back securities to new investors.
There are three types of investor that can invest with Property Bridges; a Crowd Funding Investor, Sophisticated Investor or a High Net Worth Investor.
What is a Crowd Funding Investor?
Anyone can join as a Crowd Funding investor (defined as a restricted investor by the FCA) but you will need to confirm that you will not invest more than 10% of your net assets (excluding your house) into non-regulated investments.
What is a Self-Certified Sophisticated Investor?
This category is for people who have invested in shares in more than one unlisted company in the last two years or have been a member of a business angel syndicate or network for at least six months.
What is a High Net Worth Investor?
If you earn more than €100,000 a year or have net assets of more than €250,000, you qualify as a High Net Worth Investor.
Please see below for detailed investor statements.
Restricted Investor Statement
I make this statement so that I can receive promotional communications relating to non-readily realisable securities as a restricted investor. I declare that I qualify as a restricted investor because:
(a) in the twelve months preceding the date below, I have not invested more than 10% of my net assets in non-readily realisable securities; and
(b) I undertake that in the twelve months following the date below, I will not invest more than 10% of my net assets in non-readily realisable securities.
Net assets for these purposes do not include:
(a) the property which is my primary residence or any money raised through a loan secured on that property;
(b) any rights of mine under a qualifying contract of insurance; or
(c) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be entitled.
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested*. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-readily realisable securities.
High Net Worth Investor Statement
I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:
(a) I had, throughout the financial year immediately preceding the date below, an annual income to the value of £100,000 or more;
(b) I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include:
- The property which is my primary residence or any money raised through a loan secured on that property;
- Any rights of mine under a qualifying contract of insurance; or
- Any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled.
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-mainstream pooled investments.
Self-Certified Sophisticated Investor Statement
I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:
(i) I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relates to investment activity in non-mainstream pooled investments;
(ii) the investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.
I am a self-certified sophisticated investor because at least one of the following applies:
(a) I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below;
(b) I have made more than one investment in an unlisted company in the two years prior to the date below;
(c) I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises; and
(d) I am currently, or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me to seek advice from someone who specialises in advising on non-mainstream pooled investments.
