These terms govern your use of Little Brick Capital's services. Please read them carefully before investing. By using our services, you agree to be bound by these terms.
Non-Regulated Investment
Little Brick Capital Limited is not authorised or regulated by the Financial Conduct Authority (FCA). LEGO set investments are unregulated collective investment schemes and are not covered by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS).
Investment Risk Warning
The value of LEGO sets can go down as well as up. Past performance is not a reliable indicator of future results. You may not get back the amount you invest. This investment is only suitable for investors who understand and can bear these risks.
No Financial Advice
We do not provide financial, investment, tax, or legal advice. Information provided is for educational purposes only. You should seek independent professional advice before making any investment decision.
By accessing or using the services of Little Brick Capital Limited ("Company", "we", "us", "our"), you agree to be bound by these Terms of Use ("Terms"). If you disagree with any part of these terms, you may not access our services.
These Terms constitute a legally binding agreement between you and Little Brick Capital Limited, a company registered in England and Wales.
To use our services, you must:
We reserve the right to refuse service to anyone for any lawful reason at any time.
Little Brick Capital provides:
You retain full legal and beneficial ownership of all LEGO sets purchased on your behalf. We act solely as your agent for sourcing, purchasing, storing, and managing your collection. You may request physical delivery of your sets at any time once your LEGO sourcing is complete, subject to shipping and reasonable handling costs.
All LEGO sets sourced by Little Brick Capital are purchased in full and individually for each client. We do not offer shared ownership, pooled investment structures, or any form of collective or fractional ownership. Each client retains full legal title to the sets acquired on their behalf.
We do not:
A 5% setup fee is charged on the total invested capital. This covers portfolio design, sourcing strategy, market analysis, and the operational work involved in identifying and acquiring investment-grade sets. The setup fee is deducted before portfolio construction begins and is non-refundable once acquisition has commenced. No ongoing management fees apply, and no other fees are charged beyond those expressly stated in this agreement. We may receive standard commercial benefits from third-party service providers we use (such as couriers or marketplaces), but these have no impact on the fees you pay.
5% of the invested capital (separate to the Setup Fee) is allocated at the outset to storage, handling, and full market-value insurance. These costs are covered from that allocation and will vary depending on portfolio size and valuation. Once this allocation is used, continued storage and insurance will be charged at the prevailing rate. You will be notified in advance before any renewal or top-up is required. See clause 5 for further details.
The capital available for set acquisition will equal the amount you transfer less the Setup Fee and the Storage & Insurance Fee.
By transferring funds to us, you authorise us to select, acquire, and manage sets on your behalf in accordance with our investment strategy, without requiring prior approval for individual purchases. You acknowledge that acquisition decisions, including the payment of premiums (which may include reasonable third-party sourcing fees) when necessary to secure sets that are either subject to purchase limits, soon-to-retire, or otherwise difficult-to-obtain, are made using our commercially reasonable judgement based on prevailing market conditions and historical performance data at the time of purchase. You also authorise us to allocate a reasonable portion of the funds towards taking delivery of the sets, as required.
Each set added to your portfolio is assigned a credited value representing the portion of your invested capital allocated to that set at the time of acquisition. Each set is credited at no less than the UK Recommended Retail Price (RRP) as published by the LEGO Group for the set at launch. Where the prevailing fair market value exceeds RRP, the higher fair market value is used. Fair market value is determined primarily using recent sold prices from reputable secondary-market platforms, supplemented by current listing data where appropriate. We may also take into account supply shortages, out-of-stock conditions, upcoming retirements, regional pricing differences, and other market factors that materially affect current demand. Where we acquire sets below the credited value, we retain the difference as our sourcing margin.
When market conditions require payment of a premium to secure sets that are either subject to purchase limits, soon-to-retire, or otherwise difficult-to-obtain, the credited value will be the actual acquisition cost (which may include the premium paid and reasonable third-party sourcing fees).
You may request liquidation of your portfolio only after the sourcing period has been completed. The sourcing period begins once your funds have been received and covers the time during which we source and purchase LEGO sets on your behalf. This typically takes a few weeks, but we allow up to 3 months for sourcing, and up to 6 months in exceptional cases where specific sets or favourable opportunities justify the delay. We will notify you once sourcing is complete and liquidation becomes available.
Where we manage the resale, we will handle sourcing of buyers, pricing, negotiation, packaging, and dispatch. A 10% liquidation fee is charged on the gross sale proceeds. Shipping and any third-party platform fees may also be deducted where applicable.
If you prefer to receive your LEGO sets directly and arrange your own resale, we will arrange dispatch to you. In this case, you will be responsible for all shipping costs, insurance in transit, and our reasonable handling and fulfilment fees covering the safe packing, preparation, and processing of your items for delivery.
Sale timelines depend on market demand, condition of the sets, and prevailing resale platform activity. We do not guarantee sale prices or sale timeframes, and you acknowledge that the resale market may fluctuate.
For operational and insurance reasons, we do not offer retrieval of individual sets from storage. Physical delivery is only available as part of a full portfolio liquidation.
The minimum initial investment is £10,000. We reserve the right to modify minimum investment thresholds at our discretion.
To secure the best selection, we begin sourcing as soon as your investment is confirmed and your funds are received. Once sourcing begins, your purchase instruction becomes irrevocable. The setup fee, storage fee, and any acquisition costs already incurred are non-refundable. The sets are sourced specifically for you, and legal ownership passes to you at the point of purchase. No refunds will be given for the setup fee, storage fee, or any LEGO sets purchased on your behalf.
Under the Consumer Contracts Regulations 2013, you normally have 14 days to change your mind about an online purchase. However, because we begin work immediately with your permission and your portfolio is made up of personalised selections of certain LEGO sets, your cooling-off period ends as soon as the first set is purchased. When confirming your investment, you will be asked to give us express permission for us to begin immediately and accept that the 14-day cancellation right ends at that point.
Your LEGO sets are held in a secure, professionally managed, climate-controlled warehouse facility in the United Kingdom. For security reasons, clients do not have direct or unaccompanied access to the facility. We are, however, happy to arrange supervised visits by appointment (minimum 14 days' notice required). A member of the Little Brick Capital team or authorised representative will accompany you throughout. Photography is permitted; handling of sets can be arranged in advance where practical.
The initial five per cent (5%) allocation taken at the time of purchase is applied towards ongoing storage and insurance costs for your LEGO sets. When these funds are nearing depletion, we will notify you that a top-up is required to maintain continued storage and insurance cover. If you do not pay any requested top-up or other ongoing charges within fourteen (14) days of the due date, we may suspend all services and restrict access to your portfolio until payment is received. Interest will accrue on any overdue amount at a rate of four per cent (4%) per annum above the Bank of England base rate, calculated daily from the due date until payment is received in full.
We have a contractual lien over all LEGO sets held on your behalf. This means we may retain possession of the sets until all outstanding sums (including any interest, fees, and charges) have been paid in full.
If any amount remains unpaid for more than sixty (60) days after we give you written notice, we may, acting reasonably, sell some or all of the LEGO sets held on your behalf at the best price reasonably obtainable in the circumstances.
We may deduct from the sale proceeds:
Any remaining balance after the deductions in clause 5.5 will be credited to your account or returned to you. If the sale proceeds are insufficient to clear the outstanding balance, you remain liable for the shortfall.
As a client, you agree to:
All content on our website, including text, graphics, logos, images, software, and compilation thereof, is the property of Little Brick Capital or its licensors and is protected by copyright, trademark, and other intellectual property laws.
LEGO® is a trademark of the LEGO Group of companies which does not sponsor, authorise, or endorse this site or our services. We are an independent company with no affiliation to the LEGO Group.
We grant you a limited, non-exclusive, non-transferable licence to access and use our website for personal, non-commercial purposes in accordance with these Terms.
Investing in LEGO sets involves substantial risk. You should carefully consider whether this investment is suitable for you in light of your financial circumstances.
Key Risks Include:
The sale of collectibles may give rise to tax liabilities, including Capital Gains Tax, depending on your personal circumstances. We do not provide tax advice. You are responsible for assessing and meeting any tax obligations and should seek guidance from a qualified tax adviser if required.
The services are provided "as is" and "as available" without warranties of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, title, or non-infringement.
While we take all reasonable care to source LEGO sets from reputable sellers and to verify their authenticity using industry-standard methods, we cannot give any warranty (express or implied) that any set is 100% free from counterfeit elements. The client accepts that, due to the fact that sets remain sealed for many years, there is always a small residual risk of inauthenticity.
We shall not be liable for any failure or delay in performing our obligations where such failure or delay results from any cause beyond our reasonable control, including (but not limited to) war, terrorism (where excluded by insurers), nuclear incident, pandemic, riot, or other events universally recognised as force majeure. Normal insurable events such as fire, theft, water damage, accidental damage, and transit loss are covered by insurance and are not treated as force majeure.
All LEGO sets are fully insured at current market replacement value while in our custody.
In the extremely unlikely event that any loss or damage occurs that is not covered by our insurance policy and does not constitute force majeure under clause 9.3 above, our liability shall be limited in accordance with clause 9.5 below.
Except where prohibited by law, our total aggregate liability to you (whether in contract, tort including negligence, breach of statutory duty, or otherwise) arising under or in connection with these Terms or the services shall not exceed the total Setup Fee you have paid to us in the twelve (12) months preceding the claim.
Nothing in this clause 9 excludes or limits our liability for:
You agree to indemnify, defend, and hold harmless Little Brick Capital, its officers, directors, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, and expenses, including reasonable legal fees, arising out of or in any way connected with:
You may terminate your account at any time by providing written notice. Upon termination, you may:
We may suspend or terminate your account immediately if:
Upon termination, you remain liable for all fees and charges incurred. We will arrange for the return or liquidation of your assets as instructed.
We encourage you to contact us first to resolve any disputes informally. Most concerns can be resolved quickly by contacting info@littlebrickcapital.co.uk.
If informal resolution fails, any dispute shall be resolved through binding arbitration in accordance with the Arbitration Act 1996, except where prohibited by law.
These Terms are governed by the laws of England and Wales. You consent to the exclusive jurisdiction of the courts of England and Wales.
These Terms constitute the entire agreement between you and Little Brick Capital regarding our services and supersede all prior agreements and understandings.
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
Our failure to enforce any right or provision shall not constitute a waiver of such right or provision.
You may not assign or transfer these Terms without our prior written consent. We may assign our rights and obligations without restriction.
We reserve the right to modify these Terms at any time. Material changes will be notified via email. Continued use after changes constitutes acceptance.
For questions about these Terms of Use, please contact us:
Little Brick Capital Limited
Email: info@littlebrickcapital.co.uk
Registered Office Address: 207 Regent Street, London, United Kingdom, W1B 3HH
Company Number: 16582288
Remember: We are not regulated by the FCA. These investments carry significant risk. Always seek independent financial advice if you are unsure about the suitability of any investment.