CHAIN FREE®

What is it?

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  • CHAIN FREE® is ethical finance.
  • CHAIN FREE® is a chain-avoiding insurance type arrangement available through the Home Owners Plan™ (for houses with a current Market Value of not more than £500,000).
  • The Plan guarantees that Albani Limited will provide you with finance (the Fall Back Price®) calculated as a percentage of the Valuation of the house you are selling which you can drawdown (take) at any time in up to 40 weeks.
  • IMPORTANT POINT: When you receive our signed Offer Documents (and your solicitors have approved the Plan Terms and Conditions) you can say you are a cash buyer  (you know you can take the Fall Back Price® in 5 days).
  • You do not have to take the Fall Back Price® and you do not have to sell your house to negotiate the best price for the property you want to buy. See: Benefits.
  • Neither Albani Limited nor the Plan nor any company associated with Albani, its shareholders, Directors or management will buy your house.
  • IMPORTANT POINT: See: Regulation at Company Information

The house you want to sell must:

  • have a current Market Value of not more than £500,000
  • be freehold with a Land Registry Title Number
ANY LOAN WILL BE SECURED BY A CHARGE OVER THE PROPERTY YOU ARE SELLING. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.