- Estate Agents are not regulated by the FCA for CHAIN FREE®, CHAIN MENDER® or VAL FREE®
- Estate Agents do not advise
- Estate Agents only require a Credit Brokerage License for VAL FREE®
CHAIN FREE® and CHAIN MENDER®
- Are outside the definition of regulated activities involving arranging (See: PERG 4.5.11G)
- Regulated loans are those on a property the “home owner” is living in or going to live in.
- When the home owner takes Albani finance their house must be contemporaneously empty and vacant.
- Is a regulated mortgage contract