Data Protection Rules means any applicable privacy laws, including but not limited to the Data Protection Act 1998, Data Protection Act 2018, GDPR and the Privacy and Electronic Communications (EC Directive) Regulations 2003 and any guidance from the Information Commissioner’s Office or any replacement regulatory authority.
Introductions and referrals mean customers My Next Office Ltd send to the Operator.
Customer means a client Introduced to the Operator by My Next Office Ltd.
Customer Contract means a contract entered between the Operator and the Customer.
When the same lead has been supplied by more than one broker, then it is the broker who arranges the viewing who shall receive the fee payable.
When a My Next Office Ltd referral is not received by an operator due to factors out of our control, such as the referral being placed in junk/spam folders, or internet outage etc. the time of when the email sent will be considered and treated the same as if it arrived in your inbox at the same time and will be deem as a successful introduction. This lead would be rejected if another broker has introduced the lead before the time the email was sent from My Next Office.
Fully Inclusive Rent means the amount payable during the first 12 months by the operator from the start date of the Customer Contract, this includes any expansions or additional space occupied during in the first 12 months.
Commission is an amount equal to 10% of the contract fee based on a 12-month contract unless another fee or rental period has been agreed with the Operator of the Fully Inclusive Rent exclusive of VAT (if applicable).
If a customer signs up for an initial period of less than 12 months, My Next Office is entitled to charge commission on any renewal fees up to 12 months, irrespective of whether or not My Next Office was involved in the renewal discussions. If the client moves to a larger or increased fee workspace within the initial 12 months, additional commission equating to 10% of the additional fees will be due.
My Next Office was involved in the renewal discussions. If the client moves to a larger or increased fee workspace within the initial 12 months, additional commission equating to 10% of the additional fees will be due.
In the event a customer vacates the premises before an agreed term or rental agreement length on which commission has been paid, the operator will apply in writing with supporting evidence to claw back pro-rata commission paid.
Payment: An invoice will be raised by My Next Office Ltd for the Commission and any applicable VAT once the client has paid the relevant deposit and signed. Payment will be made to My Next Office Ltd within 14 days of the date of the invoice due date unless another specific payment term is agreed on a separate arrangement.
Late payment fees late payment fees of £10 per day and interest of 5% per annum over the Bank of England’s base rate, may apply in the event that the operator fails to pay on the due date and will continue to apply until payment has been made.
All charges payable by the Operator under these terms and conditions will be exclusive of VAT. Any VAT that is, or subsequently becomes payable, shall be paid in addition at the rate applicable, currently 20%.
Payment Method will be by BACS
Data Protection My Next Office Ltd complies with Data Protection Rules in relation to Customer or personal data being shared between parties in the provision of providing services and generating leads through its marketing outputs.
Change of Ownership If a business centre or associated premises are sold by the Operator to another Operator, these terms will still apply, and any outstanding commission payment will be paid to My Next Office Ltd if due.
Changes to Terms and Conditions My Next Office Ltd reserves the right to amend these Terms & Conditions at any time. In doing so, any previous terms and conditions signed by the operator will remain in place unless My Next Office Ltd agree new terms with the operator.