Terms and Conditions Crowdahouse.com (Members Site)
In using the restricted Members Areas of this website you are deemed to have read and agreed to the following terms and conditions by ticking the box marked ‘I have read and understood the Terms of Service’:
The following terminology applies to these Terms and Conditions, Privacy Statement and Disclaimer Notice and any or all Agreements:
“Member”, “You” and “Your” refers to you, the person accessing this website and accepting the Company’s terms and conditions. “The Company”, “Ourselves”, “We” and “Us”, refers to our Company, Crowdahouse Pioneer Ltd. “Party”, “Parties”, or “Us”, refers to both the Member and ourselves, or either the Member or ourselves. “The Platform” refers to the website Crowdahouse.com. “Borrowers” refers to third parties introduced to Members via the Platform wishing to participate or participating in Business-to-Business (B2B) lending via the Platform. Business-to-Business or B2B refers to the lending of money between a crowd of individual businesses and a business Borrower. “Crowdabourse” refers to the section of the Members website where Members may buy or sell their existing loan stock.
All terms refer to the offer, acceptance and consideration of any payment necessary to undertake the process of our assistance to the Member in the most appropriate manner, whether by formal meetings of a fixed duration, or any other means, for the express purpose of meeting the Member’s needs in respect of provision of the Company’s stated services/products, in accordance with and subject to, prevailing English Law. Any use of the above terminology or other words in the singular, plural, capitalisation and/or he/she or they, are taken as interchangeable and therefore as referring to same.
We are committed to protecting your privacy. Any information collected from individual customers will be used only on a need-to-know basis by authorised employees within the Company or by Solicitors representing the Company or Members wishing to participate or participating in lending to Borrowers via the Crowdahouse platform. We constantly review our systems and data to ensure the best possible service to our customers. Parliament has created specific offences for unauthorised actions against computer systems and data. We will investigate any such actions with a view to prosecuting and/or taking civil proceedings to recover damages against those responsible
We are registered under the Data Protection Act 1998 and as such, any information concerning the Member and their respective Member Records may be passed to third parties. However, Member records are regarded as confidential and therefore will not be divulged to any third party, other than our legal representatives, unless legally required to do so to the appropriate authorities. Members are requested to retain copies of any literature issued in relation to the provision of our services. We will not sell, share, or rent your personal information to any third party or use your e-mail address for unsolicited mail. Any emails sent by Crowdahouse Pioneer Ltd will only be in connection with the provision of agreed services and products. You may also unsubscribe from any of the Company’s promotional material at any time.
Members are required to maintain accurate contact information at all times, as well as to provide up to date and current examples of any statutory statements upon request. As a Member, you must not apply to be a lender if you are resident in a country where such activity is not legal.
You may not become a Member if you are a US citizen or resident in the US for tax purposes.
As a Member, you agree to abide by the rules and regulations of Membership as they exist and are amended from time to time including but not limited to maintaining all information accessed, viewed or downloaded by you as private and confidential and not available to the general public.
Disclaimer Exclusions and Limitations
The information on this web site is provided on an “as is” basis. Any information contained on the website with respect to lending opportunities including, but not limited to, Loan Offer Documents is provided by the Borrower and not by Crowdahouse. To the fullest extent permitted by law, Crowdahouse Pioneer Ltd: excludes all representations and warranties relating to this website and its contents or which is or may be provided by any affiliates or any other third party, including in relation to any inaccuracies or omissions in this website and/or the Company’s literature; and excludes all liability for damages arising out of or in connection with your use of this website. This includes, without limitation, direct loss, loss of business or profits (whether or not the loss of such profits was foreseeable, arose in the normal course of things or you have advised Crowdahouse Pioneer Ltd of the possibility of such potential loss), damage caused to your computer, computer software, systems and programs and the data thereon or any other direct or indirect, consequential and incidental damages. The above exclusions and limitations apply only to the extent permitted by law.
Membership of Crowdahouse is currently free and there are no subscription costs. In the event that you participate in a Loan Agreement and wish to exit your loan earlier than the full term, administrative costs may be incurred in the sale of your loan stock. These costs will be clearly and prominently displayed on the Loan Offer Document as well as in the ‘Crowdabourse’ section of the Members website where loan stock may be bought and sold.
You have the right to terminate your Membership at any time by contacting us directly at ‘[email protected]’ with the subject header ‘Terminate Membership’. However, if you are participating in a current Loan Agreement and wish to terminate your Membership, you will not be able to participate in the Crowdabourse market in order to sell your loan stock as this is only available to Members. You may re-join as a Member at any time and access Crowdabourse should you wish to sell or buy loan stock at a future date.
Termination of Agreements
The Company reserves the right to refuse Membership at any time and for any reason. We will endeavour to provide you with an explanation of our decision should we decide to terminate your Membership, but our decision is final.
Unless otherwise stated, the services featured on this website are only available within the United Kingdom, or in relation to lending opportunities within the United Kingdom. All advertising is intended solely for the United Kingdom market. You are solely responsible for evaluating the fitness for a particular purpose of any downloads, programs and text available through this site. Redistribution or republication of any part of this site or its content is prohibited, including such by framing or other similar or any other means, without the express written consent of the Company. The Company does not warrant that the service from this site will be uninterrupted, timely or error free, although it is provided to the best ability. By using this service you thereby indemnify Crowdahouse Pioneer Ltd, its employees, agents and affiliates against any loss or damage, in whatever manner, howsoever caused.
You are advised to seek professional guidance with any investment and lending via the Platform is no exception. The Company advises all Members to seek independent financial advice and to carry out their own due diligence on all Loan Offer Documents prior to making application to lend to a project.
We use IP addresses to analyse trends, administer the site, track users’ movements, and gather broad demographic information for aggregate use. IP addresses are not linked to personally identifiable information other than to determine your location when you first join as a Member. Additionally, for systems administration, detecting usage patterns and troubleshooting purposes, our web servers automatically log standard access information including browser type, access times/open mail, URL requested, and referral URL. This information is not shared with third parties and is used only within Crowdahouse Pioneer Ltd on a need-to-know basis. Any individually identifiable information related to this data will never be used in any way different to that stated above without your explicit permission.
Links to this website
You may not create a link to any page of this website without our prior written consent. If you do create a link to a page of this website, you do so at your own risk and the exclusions and limitations set out above will apply to your use of this website by linking to it.
Links from this website
We do not monitor or review the content of other parties’ websites which are linked to from this website. Opinions expressed or material appearing on such websites are not necessarily shared or endorsed by us and should not be regarded as the publisher of such opinions or material. Please be aware that we are not responsible for the privacy practices or content of these sites. We encourage our users to be aware when they leave our site and to read the privacy statements of these sites. You should evaluate the security and trustworthiness of any other site connected to this site or accessed through this site yourself, before disclosing any personal information to them. This Company will not accept any responsibility for any loss or damage in whatever manner, howsoever caused, resulting from your disclosure to third parties of personal information.
Copyright and other relevant intellectual property rights exists on all text relating to the Company’s services and the full content of this website.
The name Crowdahouse and the Crowdahouse logo device are registered trademarks of Crowdahouse Pioneer Ltd in the United Kingdom and other countries.
Our contact information can be found on the Contact Us link on our website, via Company literature or via the Company’s stated telephone numbers.
Crowdahouse Pioneer Ltd is registered in England and Wales, Number 08222172, registered office 150A Station Road, Woburn Sands, MK17 8SG.
Complaints Handling Procedure
For a full summary of our Complaints Handling Procedure, please click here.
Neither party shall be liable to the other for any failure to perform any obligation under any Agreement which is due to an event beyond the control of such party including, but not limited to, any Act of God, terrorism, war, political insurgence, insurrection, riot, civil unrest, act of civil or military authority, uprising, earthquake, flood or any other natural or man-made eventuality outside of our control, which causes the termination of an agreement or contract entered into, nor which could have been reasonably foreseen. Any Party affected by such event shall forthwith inform the other Party of the same and shall use all reasonable endeavours to comply with the terms and conditions of any Agreement contained herein.
Failure of either Party to insist upon strict performance of any provision of this or any Agreement or the failure of either Party to exercise any right or remedy to which it, he or they are entitled hereunder shall not constitute a waiver thereof and shall not cause a diminution of the obligations under this or any Agreement. No waiver of any of the provisions of this or any Agreement shall be effective unless it is expressly stated to be such and signed by both Parties.
The laws of England and Wales govern these terms and conditions. By accessing this website and using our services, you consent to these terms and conditions and to the exclusive jurisdiction of the English courts in all disputes arising out of such access. If any of these terms are deemed invalid or unenforceable for any reason (including, but not limited to the exclusions and limitations set out above), then the invalid or unenforceable provision will be severed from these terms and the remaining terms will continue to apply. Failure of the Company to enforce any of the provisions set out in these Terms and Conditions and any Agreement, or failure to exercise any option to terminate, shall not be construed as waiver of such provisions and shall not affect the validity of these Terms and Conditions or of any Agreement or any part thereof, or the right thereafter to enforce each and every provision. These Terms and Conditions shall not be amended, modified, varied or supplemented except in writing and signed by duly authorised representatives of the Company.
Notification of Changes
These terms and conditions form part of the Agreement between the Member and ourselves. Your accessing of this website and/or undertaking of an Agreement indicates your understanding, agreement to and acceptance, of the Disclaimer Notice and the full Terms and Conditions contained herein.