Terms of Service
Legal agreement governing your use of Envy Capital
These Terms of Service ("Terms") constitute a legally binding agreement between you and Envy Capital ("Envy Capital", "we", "us", or "our"), a property business operating internationally. Each property is owned by its own limited company (SPV), incorporated in the United Kingdom or in the country where that property is located.
Important: Nature of Our Business
Envy Capital is a property sales business, not a regulated investment platform, financial services provider, or collective investment scheme. We sell shares in special purpose vehicle (SPV) limited companies, each of which owns an individual property.
- Not FCA Regulated: This service is not regulated by the Financial Conduct Authority
- No FSCS Protection: You are not covered by the Financial Services Compensation Scheme
- Share Purchase: You are buying shares in a property-owning company — you do not hold legal title to the property and are not registered as an owner of it
- No Interest, No Borrowing: Every property is purchased outright with cash — no mortgage, loan or other interest-bearing finance is used, and no interest is paid or received at any stage
- No Financial Advice: We do not provide investment advice or financial advice
By creating an account, accessing our platform, or purchasing SPV shares through Envy Capital, you agree to comply with and be bound by these Terms, our Privacy Policy, and our Risk Warning. If you do not agree to these Terms, you must not use our services.
We reserve the right to modify these Terms at any time. Material changes will be notified to you by email or through the platform. Continued use of our services after such modifications constitutes acceptance of the updated Terms.
To use Envy Capital, you must:
- Be at least 18 years of age
- Have full legal capacity to enter into these Terms
- Not be prohibited from using our services under the laws that apply to you
- Complete our identity verification and anti-money laundering checks
We reserve the right to refuse service to anyone at our sole discretion. By using our services, you represent and warrant that you meet all eligibility requirements.
Account Creation
To invest through Envy Capital, you must create an account and provide accurate, complete, and current information. You must promptly update your account information if it changes.
Account Security
You are responsible for:
- Maintaining the confidentiality of your account credentials
- All activities that occur under your account
- Notifying us immediately of any unauthorised access
- Ensuring your login details are not shared with third parties
Account Suspension and Termination
We may suspend or terminate your account if you violate these Terms, engage in fraudulent activity, or for any other reason at our discretion. You may close your account at any time, subject to completing all outstanding investment obligations.
Nature of Service
Envy Capital operates as a property sales business selling shares in property-owning SPV companies. We are NOT:
- A financial adviser or investment platform
- A collective investment scheme
- A regulated financial services provider
- Providers of investment advice or recommendations
All purchasing decisions are made solely by you. You should seek independent legal and financial advice before proceeding.
Property-Specific Share Structure
When you purchase through Envy Capital, you are buying shares in the SPV limited company that owns one specific property. Legal title to the property remains with that company at all times; you are recorded in the company's register of members, not on the property's title:
- One Company Per Property: Each property is held in its own SPV with its own separate share pool
- Share Value: Each £1 spent equals 1 share in that specific SPV only
- Example: A property valued at £500,000 has 500,000 shares. If you purchase £5,000 worth, you hold 5,000 shares (1%) of that SPV
- Company Reserve Per Property: For each property, 30% of shares are reserved for Envy Capital
- Individual Ownership Limit: No single person may own more than 25% of shares in any individual property
- Majority Control: Envy Capital maintains at least 30% ownership of each property for management and governance
No Dilution Across Properties
Critical Feature: When Envy Capital acquires a new property, your existing property shares are NOT diluted:
- Each new property creates an entirely separate share pool
- Your ownership percentage in existing properties remains unchanged
- Your share value in existing properties is not affected by new acquisitions
- New properties do not impact the value or returns of your existing holdings
- You may choose to purchase shares in new properties separately
Investment Term and Break Point
Shares are issued for a term of 5 years from the date of purchase, with a break point at 3 years:
- You may request an exit at the 3-year break point or at the end of the 5-year term
- This allows for stable property management and long-term value creation
- Before the break point, an exit is only possible by transferring your shares to another investor through the platform, which depends on a willing buyer and is not guaranteed
- The 5-year term and 3-year break point apply separately to each individual purchase you make
Returns at Exit (End of 5-Year Term)
At the end of your 5-year term, your total return consists of two components:
1. Property Value Appreciation (Main Return)
- An desktop valuation is performed to determine the property's current market value at the end of your term
- The value of your shares is based on that valuation and your ownership percentage
- If the property has risen in value, your shares are worth more than you paid — example: if you own 5% of a property that rose from £500,000 to £600,000, you receive your original £25,000 plus 5% of the £100,000 increase (£5,000)
- If the property has fallen in value, your shares are worth less than you paid and you may receive back less than the amount you originally paid
- Your capital is not guaranteed and is not returned as a fixed amount
2. Rental Income (Monthly Bonus)
- Throughout the 5-year term, you receive monthly rental income proportional to your ownership percentage
- This is paid as a bonus along the way — it is yours to keep regardless of property value at exit
- Rental income is not guaranteed and may vary based on property performance and expenses
Important: The desktop valuation uses comparable property sales data and market analysis to estimate the current market value. Property values can go down as well as up, and the valuation is an estimate, not a guarantee.
Share Buyout Provisions
Your shares are subject to the following buyout provisions:
Requesting an Exit
- You may request an exit at the 3-year break point or at the end of the 5-year term
- You must provide 3 months written notice of your intention to sell
- The price will be determined by a desktop valuation at the time of your notice
- Before the break point, an early exit is only possible by transferring your shares to another investor through the platform, which depends on a willing buyer and is therefore not guaranteed
- Early transfers may be subject to an early exit fee of up to 5% of the share value
Company's Right of First Refusal
- Envy Capital has right of first refusal on all share sales
- If you wish to sell your shares, you must first offer them to Envy Capital
- Envy Capital has 30 days to accept or decline the offer
- Only if Envy Capital declines may you offer shares to third parties
- Third-party sales are subject to Envy Capital approval and the same terms
Company's Right to Buy Back
- Envy Capital reserves the right to buy back your shares at any time
- Buyback price will be based on desktop valuation
- Envy Capital must provide 3 months written notice before mandatory buyback
- This right may be exercised for property portfolio management purposes
Important: There is no guarantee that you will be able to sell your shares when you wish, or that you will receive your original purchase price. Property values can fall as well as rise. Share sales are subject to liquidity and market conditions.
Rental Income Distribution (Monthly Bonus)
Rental income is distributed on a property-by-property basis as a monthly bonus alongside your main return (property value appreciation at exit):
- Each property generates its own rental income
- Income is distributed to shareholders of that specific property only
- Your distribution is proportional to your shareholding in each property
- Income is distributed monthly after deduction of fees and expenses
- Rental income is a bonus — your main return is your share of property value appreciation at the end of the 5-year term
- Rental income is not guaranteed and will vary by property performance
Ownership Rights and Limitations
As a minority shareholder in a property-owning SPV:
- You hold shares in the company that owns the property, not the property itself
- You are entitled to distributions of that property's rental income in proportion to your shareholding
- You have no management rights or control over property decisions
- You cannot sell, mortgage, occupy, or develop the property, and you cannot register any interest against its title
- Envy Capital makes all operational and management decisions
- You have limited voting rights as a minority shareholder
Purchase Process
- All purchases are subject to availability and minimum purchase amounts
- Purchases are subject to the 25% individual shareholding limit per property
- Purchases are subject to the 5-year term with a break point at 3 years
- Purchases are processed once payment is received and verified
- We reserve the right to reject any purchase at our discretion
- All purchases are final and cannot be cancelled once processed
- You acknowledge and accept the buyout provisions outlined above
Risks
Holding shares in a property-owning company carries significant risk. You acknowledge that you have read and understood our Risk Warning. Your capital is at risk, property values can fall, and you may lose some or all of your money. Past performance does not indicate future results.
Purchase Payments
All purchases must be paid in full at the time of transaction. We accept payment by bank transfer, or in cash at our office where that facility is available to you. Payment processing is subject to verification and anti-money laundering checks.
Management Fees
Envy Capital charges fees for property management and platform services, which are deducted from rental income before distribution. Current fees include:
- Platform service fee (percentage of rental income)
- Property management fees
- Maintenance and repair costs
- Transaction fees (for certain operations)
Fees are disclosed before purchase and may be updated with reasonable notice.
Rental Income Distributions (Monthly Bonus)
Rental income is distributed monthly per property as a bonus, subject to receipt from tenants and deduction of all fees and expenses. This rental income is separate from and in addition to your main return — your share of property value appreciation at the end of the 5-year term. Distributions are not guaranteed and may vary significantly. Payments are made to your nominated bank account.
Taxes
You are responsible for all taxes arising from your property ownership and rental income. We may deduct tax at source where required by law. You should consult a tax adviser regarding your tax obligations.
We aim to provide accurate property information, but all information is provided "as is" without warranty. You should conduct your own due diligence before investing.
Projected returns are estimates only and are not guaranteed. Actual returns may be significantly different. We do not warrant the accuracy of valuations, rental estimates, or any other projections.
The Envy Capital platform, including all content, features, functionality, software, code, design, graphics, and logos, is owned by Envy Capital and is protected by copyright, trademark, and other intellectual property laws.
You may not copy, modify, distribute, sell, or reverse engineer any part of our platform without our express written permission. You are granted a limited, non-exclusive, non-transferable licence to access and use our platform for personal investment purposes only.
You agree not to:
- Use the platform for any illegal purpose or in violation of any laws
- Provide false, misleading, or inaccurate information
- Attempt to gain unauthorised access to the platform or other users' accounts
- Transmit viruses, malware, or other harmful code
- Interfere with the proper functioning of the platform
- Engage in any form of money laundering or terrorist financing
- Use automated systems (bots, scrapers) to access the platform
- Impersonate another person or entity
- Engage in market manipulation or fraudulent activities
- Violate any applicable securities laws or regulations
Disclaimers
The platform is provided "as is" and "as available" without any warranties of any kind, either express or implied. We do not warrant that the platform will be uninterrupted, error-free, or secure.
Limitation of Liability
To the fullest extent permitted by law, Envy Capital and its directors, employees, and agents shall not be liable for:
- Any investment losses or diminution in value of investments
- Loss of profits, income, or rental returns
- Loss of business or opportunities
- Indirect, consequential, or special damages
- Actions or omissions of third parties (including property managers, tenants, or service providers)
Nothing in these Terms excludes liability for death or personal injury caused by negligence, fraud, or any other liability that cannot be excluded by law.
You agree to indemnify, defend, and hold harmless Envy Capital and its officers, directors, employees, and agents from any claims, losses, damages, liabilities, and expenses (including legal fees) arising from:
- Your use of the platform
- Your violation of these Terms
- Your violation of any law or third-party rights
- Any information you provide to us
Complaints Procedure
If you have a complaint, please contact us at complaints@envycapital.co.uk. We will acknowledge your complaint within 5 business days and aim to resolve it within 8 weeks.
Governing Law
These Terms, and any shares you purchase, are governed by the laws of the jurisdiction in which the relevant property-owning SPV is incorporated. Any disputes will be subject to the exclusive jurisdiction of the courts of that jurisdiction.
Alternative Dispute Resolution
Because this service is not FCA regulated, complaints cannot be referred to the Financial Ombudsman Service. If we cannot resolve your complaint between us, you retain your right to pursue the matter through the courts or through independent mediation.
We may terminate or suspend your access to the platform immediately, without prior notice, for any reason including breach of these Terms. Upon termination, your right to use the platform will cease, but your investment obligations will continue. Provisions regarding intellectual property, liability, and dispute resolution survive termination.
Entire Agreement: These Terms, together with our Privacy Policy and Risk Warning, constitute the entire agreement between you and Envy Capital.
Severability: If any provision is found invalid or unenforceable, the remaining provisions continue in full force.
Waiver: Our failure to enforce any right or provision does not constitute a waiver of that right.
Assignment: You may not assign these Terms without our written consent. We may assign our rights and obligations at any time.
Force Majeure: We are not liable for any failure to perform due to circumstances beyond our reasonable control.
For questions about these Terms of Service:
- Email: legal@envycapital.co.uk
- Complaints: complaints@envycapital.co.uk
- Company: Envy Capital
- Address: [Company Address], United Kingdom
- Company Registration: [Company Number]