- 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.
- We do not ask Your Agent for their valuation of the house you are selling.
- IMPORTANT POINT: When you join the Plan (20 week Membership) Your Agent can continue to sell your house.
- Joining the Plan does not legally commit you to sell your home or to take the Fall Back Price®.
If you join the Plan and TAKE our finance (the Fall Back Price®):
- 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.
- * When Your Solicitors send us a Drawdown Notice we re-instruct Your Agent to sell your house for a sole agency 1.5% + VAT Resale Fee.
- On the day you want to take our finance Your Agent will visit the house you are selling to collect your keys and to confirm to us that it is vacant and that house, garage and garden are Empty, Clean and Tidy (you have removed furniture, rubbish, batteries, florescent tubes etc.).
- If you take our finance your house will be sold (so we can recoup our finance).
If you join the Plan and do NOT take the Fall Back Price®:
- 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 Your Agent a £1,000 + VAT Success Fee (to reward them for selling your house for the highest price).
- Your Agent can suggest your buyers contact VAL FREE® Brokers for a valuation approved mortgage or home finance (for a faster exchange).