- What are Chains?
- CHAIN FREE® is a chain-avoiding insurance type arrangement available through the Home Owners Plan™.
- IMPORTANT POINT: When you join the Plan you can use our offer of finance to secure the property you want to buy for the lowest price while your own Estate Agent is selling yours for the highest.
- Our finance is:
- Available for 20 weeks on 5 days notice
- 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)
- 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
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.