Ethical Finance

  • Ethics are the moral principles governing or influencing conduct.
  • Ethical finance describes finance which takes into account not only financial returns but also environmental, social and governance factors. See: Company Information
  • CHAIN FREE® (available through the Home Owners Plan™), CHAIN MENDER® and VAL FREE® Home Finance are ethical financial products.
  • IMPORTANT POINT: Consumers no longer trust the financial system and have an appetite for change (we believe this means full transparency):
    • We do not recommend or promote any firm of Estate Agents to sell your house.
    • No company in Albani Group will buy your house.
    • If you take our finance:
    • No company in Albani Group will take fees or commissions.
    • CHAIN FREE® and CHAIN MENDER® finance is:
      • Non-recourse (you have no legal commitment to repay our finance).
      • Open-bridge (no fixed repayment date unlike a mortgage and bridging finance which obliges you to re-pay by a specific date).
      • Non-status (we are not interested in your financial circumstances).
      • Interest-free.

CHAIN FREE®

  • IMPORTANT POINT: You will never have to sell your house for less than Market Value. See: Treating Customers Fairly
  • You have 4 weeks from Application to decide if you want to join the Home Owners Plan™.
    • Time for you to decide if you will quickly sell your house for your Asking Price as there is no point in having insurance if you don’t need it.
    • Time for your solicitors to approve the Plan Membership Terms and Conditions.
  • When you make an Application for an Additional Facility Period of a further 20 weeks (a total of 40 weeks) and have chosen Option:1 (90% Surveyors Valuation and 1% Fee):
    • If the Revised Valuation and Revised Fall Back Price® are higher your 1% Fee will not increase (it will be calculated on the original Fall Back Price®).
    • If the Revised Valuation and Revised Fall back Price® are lower your 1% Fee will be reduced (it will be calculated on the Revised Fall Back Price®).

CHAIN MENDER®

  • IMPORTANT POINT: You will never have to sell your house for less than Market Value. See: Treating Customers Fairly
  • You have 1 week from Application and to decide if you want CHAIN MENDER®.

Governance

  • Albani Group will:
    • Donate at least 5% of its 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 2021 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.  http://barenboimsaidusa.org/
      • 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. http://www.msf.org/
      • 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.  http://www.seedsofpeace.org/about
      • World Land Trust protects and sustainably manages natural ecosystems of the world. To ensure their biodiversity, with emphasis on natural habitats and endangered species. https://www.worldlandtrust.org/patrons/sir-david-attenborough/
    • Register with the Information Commissioner’s Office for the purposes of the Data Protection Act 1998. See: https://ico.org.uk/about-the-ico/what-we-do/register-of-data-controllers
    • Register with www.trustpilot.co.uk to show authentic customer reviews of its service.
    • Apply to join the Institute of Business Ethics.  See: www.ibe.org.uk

ANY LOAN WILL BE SECURED BY A CHARGE OVER THE PROPERTY YOU ARE SELLING. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.