Questions the customer might ask
- Why don’t you have Online Q&As?
- We prefer to answer your questions personally on the telephone.
- What is VAL FREE®?
- VAL FREE® is a mortgage for buyers of our RICS surveyor-valued houses.
- VAL FREE® Mortgage Lenders
- How will VAL FREE® help me if I am selling a CHAIN FREE® house?
- You will receive an offer from a buyer who can proceed quickly to buy your house and you won’t have to take our finance. See: Benefits
- Post-coronavirus buyers may prefer to view and buy a vacant and empty property.
- What is the advantage to buyers?
- Buyers won’t have to pay for a valuation as the providers offering VAL FREE® have already approved and accepted the valuation on the house the buyer wants to buy.
- Buyers will also save a great deal of time as they will have a mortgage offer subject only to status.
- Are there any other advantages to buyers?
- Yes, if you are buying a surveyor-valued house sold by us (the home owner has taken our finance) you can’t be gazumped. See: Buyers Aniti-guzumping Provision.
- Do I have to pay your company a commission?
- No.
- Do the VAL FREE® lenders pay you a commission?
- No.
- How much would a normal valuation cost?
- Costs can vary from £150.
- How long would it normally take to get a valuation?
- It can take as long as 14 days.
- With VAL FREE® your buyer has no abortive valuation costs.
- Can you advise me if I should have VAL FREE®?
- The FCA does not permit us to advise you
- We can only inform you about VAL FREE®.
- If you need advice you must consult a solicitor or financial adviser.
- Adviser questions?
- If your Solicitor or advisers have any questions they can contact us or e-mail: legaldepartment@albani.finance