MASTER TERMS AND CONDITIONS

Effective Date: June 30, 2026 Operating As: Jessop & Ward Vehicle Sourcing Ltd (The "Company", "We", "Us", "Our")

Registered Details: Jessop & Ward Vehicle Sourcing Ltd Registered Address: Grosvenor House, 3 Chapel Street, Congleton, Cheshire, CW12 4AB Companies House No: 17300505 Registered in England & Wales

These Terms and Conditions govern the automotive sourcing and consultancy services provided by the Company to the client (the "Client", "You"). By instructing the Company to source a vehicle or by paying any engagement fees, you agree to be bound by these Terms in full.

1. DEFINITION OF SERVICE AND REGULATORY LIMITATIONS

The Company operates strictly as an independent automotive sourcing and consultancy agent. We locate, negotiate, and facilitate the acquisition of premium motor vehicles on behalf of the Client.

DISCLAIMER: NO FINANCIAL BROKERAGE OR REGULATED ADVICEThe Company does not offer credit brokerage, consumer hire, or regulated financial advice. We do not introduce clients to finance providers, nor do we arrange credit, PCP, or lease agreements. Any vehicle acquisition facilitated by Us must be executed via direct cash purchase or independently arranged client funding. You acknowledge that we are not regulated by the Financial Conduct Authority (FCA).

2. FEES, RETAINERS, AND PAYMENT STRUCTURE

Engagement Retainer: To initiate a vehicle search and formalise the brief, a non-refundable retainer of £250 is required. This fee covers our initial consultation, administrative setup, and dedicated market research. Once this fee is paid and work has commenced, it is strictly non-refundable.

Success Fee: Our remaining sourcing fee is triggered and becomes payable immediately once a vehicle matching the Client’s agreed brief is identified and presented by the Company. This final payment is due upon the Client’s agreement to proceed with the purchase.

Payment Process: Once the full Sourcing Fee (Retainer plus Success Fee) is settled, the Company will formally introduce the Client to the supplying dealer. The Client is then responsible for settling the balance of the vehicle’s purchase price (or arranging independent finance for that balance) directly with the supplier. The Company does not handle, hold, or process payments for the vehicle itself.

2.1 DISTANCE SELLING AND WAIVER OF COOLING-OFF PERIOD In accordance with distance selling and consumer protection regulations, the Client generally has the right to cancel a service contract concluded online or remotely within 14 days without giving a reason. By paying the Engagement Retainer and instructing the Company to commence the search, you provide express written acknowledgment and request for the Company to commence services immediately.

You acknowledge that you have received our formal Notice of Cancellation Rights prior to the commencement of services. You explicitly understand that once the introduction to the supplier is made, the service is deemed to have been fully performed, and you may lose your statutory right to cancel under the Consumer Contracts Regulations 2013.

3. EXCLUSION OF LIABILITY

Third-Party Contracts: The Client acknowledges that the Company is a sourcing agent and not the supplying dealer. The final contract of sale, mechanical warranties, and vehicle condition representations are strictly between the Client and the third-party seller.

Mechanical Condition: While the Company conducts commercial visual inspections and history checks, we accept no liability for mechanical faults, latent defects, or component failures. The Client is advised to rely on the supplying dealer’s warranties or independent vehicle inspections.

4. NON-CIRCUMVENTION AND FEE PROTECTION

Direct Dealing Prohibition: To protect the specialized labor and intellectual property of the Company, the Client agrees not to bypass the Company by entering into direct negotiations or financial transactions with any seller or dealer introduced by Us without the Company’s prior written consent.

Fee Enforcement: If the Client purchases or leases any vehicle introduced, identified, or sourced by the Company within twelve (12) months of the initial introduction, or until such time as the specific vehicle is no longer available for sale, whichever is the sooner, the Client shall remain liable to pay the Company our full specified fee immediately.

5. CANCELLATION AND TERMINATION

Either party may terminate a sourcing instruction via written notice. If the Client terminates after a vehicle has been sourced and an introduction to the seller has been prepared or provided, the Sourcing Fee remains fully payable to cover the work performed.

6. GOVERNING LAW AND JURISDICTION

These terms shall be governed by and construed in accordance with the laws of England and Wales. Both parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim.