Terms of Sourcing & Asset Introduction

1. Operational Overview

Trade & Nexus Commercial Finance ("TNCF", "the Originator") operates as an asset origination desk. TNCF identifies unlisted, pre-auction residential freeholds, multi-unit blocks, HMO portfolios, and development sites in active Law of Property Act (LPA) receivership or corporate insolvency holding.

TNCF packages title data and receiver filings to facilitate direct transactions between pre-qualified cash buyers and the appointed restructuring practitioners or designated asset managers. TNCF is not a formally instructed selling agent for the receivers.

2. Success-Fee Structure

TNCF operates strictly on a success-fee basis payable only upon the successful legal completion of an originated asset.

Fee Amount: A fixed 2.0% sourcing fee is applied to the final agreed purchase price.
Minimum Fee: A strict minimum floor fee of £3,000 applies to all transactions, irrespective of the purchase price falling below the 2.0% threshold.
Payment Terms: Fees are completely contingent. £0 is owed upfront. The fee is payable strictly on the day of legal completion, disbursed directly by the buyer's appointed conveyancing solicitors.

3. Intermediary & Co-Brokering Policy

TNCF actively cooperates with accredited property brokers, retained buying agents, and deal sourcers ("Introducing Intermediaries").

Co-Brokering Fee Allocation: Upon legal completion, the total 2.0% sourcing fee shall be divided on an equal 50/50 basis between TNCF and the introducing intermediary.
Mutual Protection: Standard 12-month non-circumvention protections apply to all introduced properties, buyers, and participating parties.

4. Non-Circumvention Agreement (NCA)

By requesting unredacted title registers, property schedules, or receiver contact particulars through the TNCF portal or direct communication, the Buyer and/or Intermediary strictly agrees to the following:

Not to bypass, circumvent, or attempt to negotiate directly with the introduced Receivers, Insolvency Practitioners, or Asset Managers without the inclusion of TNCF as the recognized originating introducing party.
This non-circumvention covenant remains active for a period of 12 months from the date of the asset's introduction.
Any asset acquired by the Buyer (or their connected corporate entities) from the introduced Receiver within this 12-month period will immediately trigger the aforementioned 2.0% success fee.

5. Disclaimer & Liability

Properties originated by TNCF are distressed or pre-auction assets sold under statutory insolvency or receivership conditions. TNCF provides no structural warranties or formal valuations.

Buyers are strictly advised to conduct their own independent legal, structural, and financial due diligence prior to exchanging contracts.
TNCF assumes no liability for the withdrawal of an asset by the receiver, the emergence of superior bids, or complications arising during conveyancing.