CHAIN FREE®

Treating Customers Fairly

  • When you become a member of the Home Owners Plan™ with CHAIN FREE® 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.
  • Joining the Plan:
    • If you have not joined the Plan within 4 weeks you can make another Application.
    • For 1% Fee payment details see Plan T&Cs.
  • Applications:
    • Your Application will be rejected if your house has been on the market for sale for over 10 weeks.
    • The Application Email we send you contains a link to your Personal Webpage on which we ask you to confirm the name of the High Street Estate Agents acting for you (we will then contact them so they can complete Section 3 of the Application which requests basic information not what they think your house is worth).
    • Your Application will not be complete until Section 3 is submitted by your Estate Agents (they will confirm by reference to Rightmove how long your house has been on the market for sale).
  • Additional Facility Period:
    • A Revised Valuation will be required which will result in a Revised Fall Back Price® (Contact Us for details)
    • See: Ethical Finance.
  • We will return the Administration Fee:
    • If we do not accept the risk.
    • If during the Cooling Off Period you ask us to do so.
    • If you cancel both appointments with our Valuation Surveyors (they gave you 2).
    • 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:
    • 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) providing your house already complies with The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020.
    • 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.