- Regulation
- Albani Limited is Authorised and Regulated by the Financial Conduct Authority (FCA) Reference No. 457682 (See: FCA Register).
- Mortgages & home finance:
- Arranging (bringing about) regulated mortgage contracts.
- Making arrangements with a view to regulated mortgage contracts.
- Mortgages & home finance:
- CHAIN FREE® and CHAIN MENDER® are not regulated mortgage contracts (See: FCA PERG 4.4).
- Our finance is non-recourse; a mortgage contract includes an obligation to repay the amount you borrowed / non-recourse means you have no legal obligation to do so (we can only recover our finance from the sale of your house).
- VAL FREE® are regulated mortgage contracts.
- Provided by selected mortgage lenders for the buyer of our surveyor-valued houses.
- Albani Limited is Authorised and Regulated by the Financial Conduct Authority (FCA) Reference No. 457682 (See: FCA Register).
- Albani Limited
- Provides financial products to home owners that are transparent and fair.
- Profit-sharing for all employees.
- Albani Limited (Albani) incorporated in England under company number 5808405 is operated in accordance with ESG criteria and complies with GDPR regulations and FCA requirements (See: Ethical Finance).
- Albani provides home owners with:
- Specialist Open-Bridge Finance (Fall Back Price® and Provisional Price™)
- CHAIN FREE® a chain-avoiding insurance type arrangement available through the Home Owners Plan™.
- CHAIN MENDER® a chain-mending solution.
- Specialist Open-Bridge Finance (Fall Back Price® and Provisional Price™)
- Subject to the home owner signing Albani Offer Documents Albani will provide home owner selecting:
- CHAIN FREE® the offer of Fall Back Price®.
- CHAIN MENDER® the offer of Provisional Price™.
- Subject to the home owner’s solicitor serving Albani with valid Drawdown Documents Albani will within 5 days provide home owner selecting:
- CHAIN FREE® with finance (Fall Back Price®).
- CHAIN MENDER® with finance (Provisional Price™).
- When you take the Fall Back Price® or Provisional Price™ (which you can use to pay off your mortgage as your house must be mortgage fee) our legal requirement is that your house is contemporaneously empty and vacant.
- Advise
- Albani can not advise you if you should take CHAIN FREE®, CHAIN MENDER® or VAL FREE®.
- Albani can not recommend any financial product.
- If you need advice you must consult a solicitor, broker or independent financial adviser.
- Fintech
- Albani conducts its business using the latest electronic technology.
- Our cloud-based systems enable us to interface paper-free with customers, their solicitors, estate agents and other stakeholders.
- All Documents (including the Plan T&Cs) are in a standard form and subject to HM Land Registry conditions can be signed electronically.
- Coronavirus
- Our Valuation Surveyors are members of the Royal Institute of Chartered Surveyors (RICS):
- Our Valuation Surveyors inspecting your property for sale will follow RICS guidelines
- If you have any questions please Contact Us.
- For Public Relations please contact:
Coming soon…………………….