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 (ESG) Criteria.
  • Consumers no longer trust the financial system and have an appetite for change (we believe this means full transparency):
  • Treating customers fairly is core to our business.

CHAIN FREE®

  • The Conundrum
  • You will never have to sell your house for less than Market Value. Treating Customers Fairly
  • When you make an Application for an Additional Facility Period of a further 20 weeks (a total of 40 weeks):
    • If the revised Fall Back Price® is higher your 1% Fee will not increase (it will be calculated on the original Fall Back Price®).
    • If the revised Fall Back Price® is lower your 1% Fee will be reduced (it will be calculated on the revised Fall Back Price®).
  • Upgrading (Option 1) when your house has a current market value of no more than £500,000:
    • From DataSource Valuation to RICS Survayors 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 Survayors Valuation).
  • Terms and Conditions of the Home Owners Plan™  (part of our Offer Documents) can be viewed on this website.

CHAIN MENDER®

  • You will never have to sell your house for less than Market Value. Treating Customers Fairly
  • Upgrading (Option 1) when your house has a current market value of no more than £500,000:
    • From DataSource Valuation to RICS Survayors 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 Survayors Valuation).

Governance

  • 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 2022 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/
  • Albani will:

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.