Ethics are the moral principles governing or influencing conduct.
Treating customers fairly, best practice and transparency are core to our business:
Our Offer Documents and Drawdown Documents are in a standard format and are online for you, your agents, solicitors and advisors to see.
You are not legally committed to sell your home (we do not buy your house).
Because we do not buy your house the Drawdown Documents (which you must sign if you want to take our finance) include a Sale Contract (our Legal Department will add the buyers name) and Transfer for you to sign so your house can be sold and we can recoup our finance.
Your solicitors must confirm that you want to take our finance (to protect you and to prevent fraud).
We will not guzump buyers of a house Albani are selling (when the seller has taken our finance).
We do not pay or take fees or commissions from third parties (this also applies to all SMART MOVE® products and services).
Consumers no longer trust the financial system and have an appetite for change (we believe this means full transparency):
Ethical finance (our finance) describes finance which takes into account not only financial returns but also Environmental, Social and Governance (ESG) Criteria.
Our finance is:
open-bridge (no fixed repayment date which obliges you to re-pay by a specific date).
non-recourse (non-recourse means you have no legal obligation to repay us).
non-status (we are not interested in your financial circumstances).
interest-free.
We will return the Administration Fee if your solicitor informs our Legal Department that your house is not freehold and does not have a Land Registry Title Number.
Buyers of houses sold by us when the homeowner has taken our finance (we do not buy houses) will be protected by our Buyers Anti-gazumping Guarantee.
You can use our offer of finance (Fall Back Price®) to secure your next home with no legal commitment to take the Fall Back Price® and no legal commitment to sell your house.
Upgrading (Option 1) when your house has a current market value of no more than £500,000:
From DataSource Valuation to RICS Surveyors Valuation.
If the RICS Surveyors Valuation is more than £500,000 we will not change our offer to you (it will be remain at Fall Back Price® 90% RICS Surveyors Valuation).
Terms and Conditions of the Home Owners Plan™ (part of our Offer Documents) can be viewed on this website.
CHAIN FREE® available for 20 weeks through the Home Owners Plan™ vs. 16 weeks average time from 1st day of marketing to contract exchange. The Advisory:
You should only use CHAIN MENDER® when your solicitors can’t delay exchanging contracts on your next home and your agent needs more time to sell.
Upgrading (Option 1) when your house has a current market value of no more than £500,000:
From DataSource Valuation to RICS Surveyors Valuation.
If the RICS Surveyors Valuation is more than £500,000 we will not change our offer to you (it will be remain at Provisional Price™ 85% RICS Surveyors Valuation).
Can choose from a selection of VAL FREE® mortgage lenders (available through brokers).
Governance
We have a profit-sharing arrangement for all employees.
Our business is operated in accordance with ESG criteria and complies with UK GBPR regulations
We will donate up to 5% of our annual profits to charities/non-profit making organizations that promote cross-cultural support and understanding provided they have absolutely no religious connection or bias. The charities / non-profit making organizations selected to receive donations to 31 March 2025 are:
Barenboim-Said Foundation coordinates the East-West Divan Orchestra and workshop for young people with the aim of combining musical study and development with the sharing of knowledge and understanding among people from cultures that traditionally have been rivals.
Medecins Sans Frontieres provide medical aid regardless of race, religion or politics and tries to raise awareness of the plight of the people they help.
Seeds of Peace does what no government can. It brings together young people, principally from different countries in the Middle East, to develop empathy and respect for each other and to give them the confidence to see the human face of their enemies by empowering them to emerge as tomorrow’s leaders.
World Land Trust protects and sustainably manages natural ecosystems of the world. To ensure their biodiversity, with emphasis on natural habitats and endangered species.
