CHAIN FREE®

What is it?

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  • CHAIN FREE® is a chain-avoiding insurance type arrangement (we do not buy your house):
    • You can say you are a Cash Buyer because you know if you can’t wait to sell your house for your Asking Price you can take our finance (Fall Back Price®) on 5 days notice.
      • Non-recourse (you have no legal commitment to repay our finance)
      • 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
  • What are Chains?
  • Benefits
  • Regulation

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.