- You or your agent can make an Application (you can join the Home Owners Plan™ no later than 8 weeks from the date your house was “Added on” Rightmove for sale).
- Joining the Plan does not legally commit you to sell your home or to take our Offer of Finance/LTV.
- We do not ask your agent for their valuation of the house you are selling.
If you join the Plan and TAKE our finance:
- We do not buy your house so you will not have to pay your agent a Sale Fee.
- The Drawdown Documents include a Sale Contract (our Legal Department will add the buyers name) and Transfer for you to sign so if you take our finance your house can be sold through the Plan.
- Your agent will be re-instructed by Albani to sell your house (so we can recoup our finance) for a sole agency 1.5% + VAT Resale Fee.
- On the day you want to take our finance (Fall Back Price®) we will ask your agent to visit the house you are selling to make sure it is empty and vacant.
If you join the Plan and do NOT take our finance:
- If your agent introduces a buyer who exchanges contracts for the purchase of your house within 20 weeks from the date you joined the Plan for more than our Fall Back Price® we will pay them a £1,000 + VAT Success Fee (to reward your agent for selling your house for the highest price).
We do not recommend or promote any agent and we do not take fees or commissions.