Our Offer of Finance

  • Our Offer of Finance (Fall Back Price®) for the house you are selling when you join the Home Owners Plan™ will be:
    • For houses up to £500,000
      – 90% DataSource Valuation or 90% RICS Surveyors Valuation
    • For houses over £500,000
       85% DataSource Valuation or 85% RICS Surveyors Valuation
    • Available 
      during your 20 week Plan Membership
      on 5 days notice from the date you join the Plan
    • Non-recourse
      unlike a mortgage you have no legal commitment to repay our finance / we can only recover our finance from the sale of your house
      if you take our finance (we do not buy your house) we will ask you to sign a Sale Contract (our Legal Department will add the buyers name) and Transfer so your house can be sold through the Plan and we can recoup our finance
    • Open-bridge
      no fixed repayment date which obliges you to re-pay by a specific date
    • Non-status
      we are not interested in your financial circumstances
    • Interest-free
  • See: Benefits
  • See: Regulation
  • IMPORTANT POINT: We can not advise you if you should take any of our financial products. We can not recommend any financial product. If you need advice you must consult a solicitor, broker or independent financial adviser.