Other Schemes
Home Owners Plan™
- Provides sellers with a chain-avoiding insurance type arrangement (CHAIN FREE®).
- Guarantees your client finance (Fall Back Price®) for 20 weeks (Plan Membership).
- Looks at things differently
Offer to buy from desperate sellers
Unique – Insurance type arrangement.
Bridging
Distinctive – Specialist open-bridge finance,
interest-free, non-recourse, non-status.
interest-free, non-recourse, non-status.
Selling services
Helps sellers buy at lowest price before selling for highest.
Exclude estate agents
NO.
Increases and secures instructions.
Increases and secures instructions.
Restricted to a named firm
NO.
Any High Street Estate Agent.
Any High Street Estate Agent.
Nothing for estate agents
NO.
£1,000 Success Fee if sale over Fall Back Price® and 1.5% Resale Fee.
£1,000 Success Fee if sale over Fall Back Price® and 1.5% Resale Fee.
Estate agents must provide valuation
NO.
Prices heavily discounted by Quick Cash Sale Industry
Seller can sell for MV.
Bridging can cost 9%
Quickly commit seller to sell
NO.
20 weeks to sell / or decide not to.
20 weeks to sell / or decide not to.
We buy any house anywhere
NO.
Selective.
Selective.
Have to sell for less than MV
NO.
Taken by sellers when a sale goes wrong, or if can’t sell for more
Time for Estate Agent to sell for Asking Price.
Quick Cash Sales discourage estate agent advice
Time for Estate Agent to consider if / when seller should join the Plan.
White labeled schemes saturating the market with identical old hat solutions
Unique.
Albani will not White Label.
Albani will not White Label.
Must sell before buying
NO.
Must accept fixed price
NO.
Must agree to sell
NO.
CHAIN FREE® is a safety net if seller can’t wait to sell for Asking Price.
CHAIN FREE® is a safety net if seller can’t wait to sell for Asking Price.
Schemes with Fees up to 3%
1% Fee (back-ended).
Use
unqualified
“local representatives”
to inspect
unqualified
“local representatives”
to inspect
NO.
RICS.
RICS.
Finance based on a valuation model
YES and RICS after internal property inspection.
Abortive costs
NONE.
Take it or leave it proposition
NO.
Disruptive – Status quo vs. no legal commitment to take finance or to sell.
Disruptive – Status quo vs. no legal commitment to take finance or to sell.
Nothing for buyers
Part Exchange from 70% MV
Fall Back Price® will be MV if in 20 weeks no higher offer received.
Assisted Move sellers have sale opportunity conditional on subjugated buy / sell arrangements
20 weeks to sell at Asking Price / remain in control of buying / selling process.
Must use designated
estate agent
estate agent
NO.
Payment generally 7 > 14 days
NO.
5 days.
5 days.
Finance from unregulated company
NO.
Albani Limited / FCA: 457682.
Variations on a theme
NO.
IMPORTANT POINT: No obvious competitors – sellers can buy before selling and can recoup 1% Fee with no legal requirement to sell or to take finance.
IMPORTANT POINT: No obvious competitors – sellers can buy before selling and can recoup 1% Fee with no legal requirement to sell or to take finance.
- Useful Link Resource
- Sellers can’t sell until buyer has a mortgage valuation
VAL FREE® solves that problem so sellers are not kept waiting - Buyers don’t want to incur abortive Valuation Fees
Buyers of our pre-surveyor valued houses will know at no cost to them what valuation they can expect from their VAL FREE® mortgage lender - Chain related products on the market but with inherent weaknesses
Purchase offer restricted to heavily discounted MV
Lack of flexibility
Lack of customer option
Restrictive purchase method
Conflict of interest
Market image
- What the Government wants and we provide
Market liquidity
Shorter time from exchange to completion
Buyers Anti-Guzumping Provision
Genuine service to home movers