CHAIN FREE®

What is CHAIN FREE®?

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  • CHAIN FREE® is a 20 week chain-avoiding insurance type arrangement available through the Home Owners Plan™.
    See: What are Chains
  • IMPORTANT POINT: Ask your Estate Agents when you can join the Plan (your house must not have been “Added on” Rightmove for sale for more than 10 weeks).
  • We do not buy your house which you never have to sell for less than Market Value.
    See: Benefits 
  • or 20 weeks you can say you are a Cash Buyer up to our finance (Fall Back Price®) because you know you can take the Fall Back Price® on 3 days notice.
  • The Fall Back Price® is:
    • Non-recourse (you have no legal commitment to repay the Fall Back Price®)
    • Open-bridge (no fixed repayment date unlike a mortgage and bridging finance which obliges you to re-pay by a specific date)
    • Non-status (we are not interested in your financial circumstances)
    • Interest-free
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.