Our Offer of Finance (Provisional Price™) for the house you are selling will be:
For houses up to £500,000 – 85% DataSource Valuation or 85% RICS Surveyors Valuation
For houses over £500,000 – 80% DataSource Valuation or 80% RICS Surveyors Valuation
Available – during your 4 week Facility Period – on 5 days notice from the date of our DataSource Valuation
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 will ask you to sign a Sale Contract (our Legal Department will add the buyers name) and Transfer so your house can be sold and we can recoup our finance and you can receive Your Profit Share
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
IMPORTANT POINT: We can not advise you if you should take any of our financial products. We can not recommend any financial product. If you need advice you must consult a solicitor, broker or independent financial adviser.
