Process

Please read the Borrowers Conundrum

• SELLERS
  • When a CHAIN FREE® and CHAIN MENDER® house is sold with VAL FREE® the buyer has a mortgage offer and can proceed. See: How it Works
• BUYERS
  • The estate agent selling a CHAIN FREE® and CHAIN MENDER® house with a RICS Surveyors Valuation will tell the buyer that it is valuation-free and can be bought with a VAL FREE® mortgage (subject only to status) and can direct them to VAL FREE® Mortgage Lenders
  • The RICS Surveyors Valuation is not a structural survey or condition report.
  • We can not advise buyers if they should take a VAL FREE® mortgage offer: we can not recommend any financial product; we can only inform buyers of the names of the VAL FREE® lenders; if buyers  need advice they  must consult a solicitor, broker or independent financial adviser.
  • If buyers don’t want a VAL FREE® mortgage other mortgages can be found at SMART MOVE®
• MORTGAGE LENDERS
  • VAL FREE® is a mortgage offer with valuation accepted subject only to status.
  • CHAIN FREE® and CHAIN MENDER® houses are valued on agreed instructions by Chartered Surveyors (RICS Valuation Surveyors) approved by mortgage lenders offering VAL FREE®.
  • Our RICS Valuation complies with the Royal Institute of Chartered Surveyors (RICS) guidelines for valuations for Mortgage Purposes (RICS Red Book).
  • No Transcription Fees (Albani will pay these).
  • No Valuation cost to seller or buyer (buyers can chose from a selection of lenders).
  • Only subject to status (valuation approved).

IMPORTANT POINT: We do not recommend or promote any firm of VAL FREE® mortgage lenders and we do not take fees or commissions.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.