1. Lakeland Homequest will begin its property search for you, the client, once we have received:
   1. signed acceptance of the contract terms stated below, and
   2. the registration fee in full

2. Should Lakeland Homequest feel your criteria is not feasible to produce an initial report, we will discuss the options with you and guarantee to refund your registration fee (less necessary disbursements) if it is not in your interests to proceed further.

3. Otherwise, the contract period will be until:

1. Six months has elapsed from date of contract commencement
2. A minimum of twelve properties have been introduced and reported on.
3. Purchase of a property by you, the client, to the point of exchange of contracts
4. Either party gives notice to cease providing the service

4. The contract remains valid for any property introduced by us either directly or from particulars received from an Estate Agent with whom we have regular contact.

5. Following expiry or termination of the contract, any property previously introduced by us and progressed by you within one year of the agreement cessation shall be deemed to still fall within our contract terms, and you will be fully liable for the fees as stated below.

6. Should the contract be terminated by you, the client, prior to normal expiry or cessation and without a property being taken up, we are entitled to charge, and you agree to pay, all reasonable expenses and costs incurred on your behalf for the services stated up to the date of termination.

7. You, the client, agree to pay either

(1)     £350 as registration fee upon returning this contract, plus 1% of the purchase price, capped at £5000 or

(2)      £1000 registration fee plus £2000 final fixed fee,

on any property introduced by us either directly or indirectly, payable at the point of exchange of contracts on said property.

8. The registration fee applies per contract period, as mentioned in (3) above and fees paid beyond the initial contract period can be deducted from the final payment if the variable payment option mentioned in (7.1) above is chosen.

9. Details of any properties, valuations, reports, and other information provided by Lakeland Homequest are purely for your guidance and supplied in good faith. You, the client, must satisfy yourselves as to the accuracy and correctness of any details provided by us, and you are strongly recommended to seek legal or other advice before progressing with any property we introduce either directly or indirectly. The service we provide is not, nor is it intended to be, a substitute for legal or other professional advice in relation to any property, and we can accept no liability for any defects in legal title or in the fabric or structure of any property.

10. The services supplied by Lakeland Homequest are subject to the above terms and conditions and unless otherwise expressly agreed in writing shall comprise the whole agreement between you, the client, and Lakeland Homequest.

I/we agree to the contents of this contract as mentioned in (1) to (10) above, and wish to engage Lakeland Homequest to act on my/our behalf in a property search. I/We enclose a cheque for £350/£1000 made payable to Lakeland Prospects Ltd.

Signed              __________________________      Dated_____________

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