Estate Agent – Regulation

  • 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.

VAL FREE® 

  • Is a regulated mortgage contract

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