Application

• CHAIN FREE®
• The Home Owners Plan™  is a chain-avoiding insurance solution turning the home owner into a Proceedable Buyer while giving their high street Estate Agent time (20 weeks extendable to 40) to sell their house for their Asking Price (we do not buy the house the home owner is selling).
• IMPORTANT POINT: The home owners agreement to the Plan Membership Terms is conditional on their solicitors approval and signing our Offer Documents.
• CHAIN FREE® with a Fall Back Price® is insurance to avoid the chain by making the seller a Proceedable Buyer for a 1% Fee (Option 1: payable in up to one year. No Sale – No Fee) which the seller can recoup by Buying at a Discount. See: An Example. (Option 2: No 1% Fee).
• When the home owner has CHAIN FREE® their Estate Agent can guarantee a Fall Back Price® for their house if they can’t wait for their Estate Agent to sell it at their Asking Price. See: How it Works
• IMPORTANT POINT: The Drawdown Documents the home owner signs if they want to take the Fall Back Price® include a Sale Contract (our Legal Department will add the buyers name) and Transfer so their house can be sold through the Home Owners Plan™ in which event the home owner will receive 80% of the Profit with no costs or deductions whatsoever (Sale Price less Valuation).
• The home owner will receive an Undertaking from our Legal Department to send their Profit Share to their solicitors within 5 days from the date contracts are completed on the sale of their house.
• When the home owner draws down our finance (which they can use to pay off their mortgage) their house must be contemporaneously empty and vacant.
• If this Application is submitted today (you cannot submit during coronavirus) and the home owner wants to join the Plan they have 4 weeks from today’s date i.e. no later than          to confirm to us the name of the high street Estate Agents they have chosen to sell their house (if the home owner takes our finance we will re-instruct the home owners Estate Agent and will pay them a Resale Fee).
• Our Valuation Surveyors are members of the Royal Institute of Chartered Surveyors (RICS).
• IMPORTANT POINT: Now the government has lifted coronavirus restrictions our Valuation Surveyors inspecting your client’s property for sale (Option 1: 90% Surveyors Valuation) will: wear a protective mask and gloves; comply with recommended social distancing; follow RICS guidelines.
• IMPORTANT POINT: For your fees See: Resource

• CHAIN MENDER®
• CHAIN MENDER® turns home owners into Fast Sellers if they are in a broken-chain and their solicitor is holding a current Sale Contract for the property they desperately want to move into.
• CHAIN MENDER® with a Provisional Price™ mends a broken chain (we do not buy the house the home owner is selling). See: How it Works
• IMPORTANT POINT: The Drawdown Documents the home owner signs if they want to draw down the Provisional Price™ include a Sale Contract (our Legal Department will add the buyers name) and Transfer so their house can be sold in which event the home owner will receive 80% of the Profit with no costs or deductions whatsoever (Sale Price less Valuation).
• The home owner will receive an Undertaking from our Legal Department to send their Profit Share to their solicitors within 5 days from the date contracts are completed on the sale of their house.
• When the home owner draws down our finance (which they can use to pay off their mortgage) their house must be contemporaneously empty and vacant.
• If this Application is submitted today and the home owner wants CHAIN MENDER® (with a Provisional Price™) they have 1 week from today’s date (you cannot submit during coronavirus) i.e. no later than          to decide if CHAIN MENDER® with guaranteed Provisional Price™ will help them quickly exchange contracts to move into their next property whilst their Estate Agent sells theirs for the highest price.
• Our Valuation Surveyors are members of the Royal Institute of Chartered Surveyors (RICS).
• IMPORTANT POINT: Now the government has lifted coronavirus restrictions our Valuation Surveyors inspecting your client’s property for sale will: wear a protective mask and gloves; comply with recommended social distancing; follow RICS guidelines.
• IMPORTANT POINT:  For your fees See: Resource

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