VAL FREE®

Process

  • SELLER
  • AGENT*
    • Knows all applicants for CHAIN FREE® and CHAIN MENDER® immediately receive VAL FREE® for their buyers
    • Will tell buyers that all houses are pre-valued and direct them to VAL FREE® Brokers (mortgages and home finance)
  • BROKER*
    • Has details of lenders (mortgages) and home finance providers (Home Purchase Plans) accepting our DataSource valuations (as they fall within RICS guidelines for finance purposes)
  • BUYER
    • Chooses broker for VAL FREE® mortgage or VAL FREE® Home Purchase Plan (HPP)
    • Has a valuation-free offer (no valuation risk)
    • Can take over the seller’s mortgage or HPP (saves time and expense)
  • LENDER* and PROVIDER*
    • VAL FREE® is exclusive to selected mortgage lenders and home finance providers
    • When the buyer has accepted the lender or providers T&Cs we transcribe our DataSource valuation (Albani pays the Transcription Fee)
  • MANAGEMENT PORTAL
    • Stakeholders* can view DataSource valuations for all houses whose owner or agent has applied for CHAIN FREE® or CHAIN MENDER® (password protected).
    • The homeowner acknowledges (in their Application) they aware that our DataSource valuation on the house they are selling will be available to our stakeholders (so we can provide VAL FREE® to their buyers).