CHAIN FREE®

Treating Customers Fairly

  • IMPORTANT POINT: If you become a member of the Home Owners Plan™ you will never have to sell your house for less than Market Value (the Market Value of your house is the highest offer your Estate Agent receives after proper marketing for sale when no higher offers have been received resulting in an exchange of contracts).
  • Case-by-case means houses over £500,000 will be considered on an individual basis.
    • Our Application Form will require you to submit (within various Price Bands) what you think your house is worth.
    • If after our Surveyors Valuation we do not offer you a Fall Back Price® of 85% Surveyors Valuation we will return the £298 Administration Fee.
  • IMPORTANT POINT: When you have CHAIN FREE® (available through the Home Owners Plan™) you will be a Cash Buyer up to your Fall Back Price®.
    • If you are upsizing there will be a difference between your Fall Back Price® and the price of the property you want to buy.
    • Your 20 week Facility Period will give you time to negotiate the lowest price and time to sell for the highest.
  • We will return the Administration Fee:
    • If during the Cooling Off Period you ask us to do so.
    • If after our Surveyors Valuation Albani does not offer you a Fall Back Price®.
    • If after offering you a Fall Back Price® Albani does not sign the Offer Documents.
    • If your solicitor informs our Legal Department that your house is not freehold and does not have a Land Registry Title Number.
  • You can:
    • IMPORTANT POINT: proceed at the speed recommended by your Estate Agents (your Facility Period starts on the date of our Surveyors Valuation of the house you want to sell).
    • return to your house after taking the Fall Back Price® and retain ownership providing you repay us the Fall Back Price® before your house is sold through the Plan (you gave us vacant possession). No Charges – No Costs.
    • rent your house after taking the Fall Back Price® and before it is sold through the Plan (useful if your next property is not ready). Please Contact Us for details.
  • Your solicitors can obtain verification from our Legal Department of our financial credentials by quoting your URN (on the top of all correspondence from us).
  • You can decline permission to Albani to share information. Please see our Privacy Policy.
  • Although our finance is interest-free we have to show the APR. Please see APR? which explains what this means.
  • IMPORTANT POINT: On this website and in all Our Documents “days” mean working days and therefore “weeks” are illustrative (i.e. 1 week = 5 working days).