IMPORTANT POINT: If your firm accepts Albani instructions and Fees as detailed on this page please press Fee Confirmation (if your client takes our finance we will we will send your firm an email with a URN so it can login to our Management Pages for the property it will then be selling for us).
CHAIN FREE®
1. If your client joins the Home Owners Plan™ and does NOT take our finance (LTV) your firm will be acting for your client and your client will pay your fees:
1.1 If your client joins the Plan and does NOT take our LTV (85% > 90%) and your firm introduces a buyer who exchanges contracts for the purchase of the home owners house within 20 weeks from our DataSource Valuation for more than the LTV Albani will pay your firm a £1,000 Success Fee in addition to the Sale Fee paid by your client.
2. If your client joins the Plan and TAKES our finance (LTV) your firm will be re-instructed by Albani and Albani will pay your fees:
2.1 The Drawdown Documents include a Sale Contract (our Legal Department will add the buyers name) and Transfer for the home owner to sign so they can take the LTV and their house can be sold through the Plan.
2.2 If your client joins the Plan and TAKES the LTV (we do not buy their house) your firm will be re-instructed by Albani to sell their house for a sole agency 1.5% Resale Fee.
2.3 It is precondition of Albani instructing your firm to sell the home owners house that your firm accepts both Responsibilities below.
CHAIN MENDER®
3. If your client TAKES our finance (LTV) your firm will be re-instructed by Albani and Albani will pay your fees:
3.1 The Drawdown Documents include a Sale Contract (our Legal Department will add the buyers name) and Transfer for the home owner to sign so they can take the LTV and their house can be sold.
3.2 If your client TAKES the LTV (we do not buy their house) your firm will be re-instructed by Albani to sell their house for a sole agency 1.5% Resale Fee.
3.3 It is precondition of Albani instructing your firm to sell the home owners house that your firm accepts both Responsibilities below.
3.4 If your firm introduces a buyer who exchanges contracts for the purchase of the home owners house within 20 weeks from our DataSource Valuation for more than the LTV (80% > 85%) Albani will pay your firm a £1,000 Success Fee in addition to the 1.5% Resale Fee paid by Albani.
RESPONSIBILITIES
Responsibilities At Drawdown Date
Responsibilities After Drawdown Date
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