- Our Offer of Finance for the house you are selling (if it has a current market value £250,000 > £700,000) will be 90% DataSource Valuation (Fall Back Price®).
- Available when you join the Home Owners Plan™
– during your 20 week membership of the Plan
– on 5 days notice from the date you join the Plan
– IMPORTANT POINT: You can buy for best price before selling for highest with no legal commitment to sell your house or to take the Fall Back Price®. - Non-recourse
– unlike a mortgage you have no legal commitment to repay our finance / we can only recover our finance from the sale of your house
– if you take our finance (we do not buy your house) we will ask you to sign a Sale Contract (our Legal Department will add the buyers name) and Transfer so your house can be sold through the Plan and we can recoup our finance - Open-bridge
– no fixed repayment date which obliges you to re-pay by a specific date - Non-status
– we are not interested in your financial circumstances - Interest-free
- Available when you join the Home Owners Plan™
- See: Benefits