Duchess_Driver, your reply is spot on.
Regarding the theory, the flight school idea was that it should be all self taught, and this already raised my eyebrows.
On the practical training, the schedule I have been sent was like the one I mentioned in the first post, 5 flying hours a day for 6 days with 1 day OFF in the middle.
They also said not to worry about the examiner because it is an internal examiner, the HT of the school, eyebrows raised again.
After waiting 2 weeks since writing to the authority for information I decided to call my former flight school HT(which unfortunately doesn't provide FI(A) courses), he was very sceptical and asked me how can they prove that they conducted all the theory and the briefing/de-briefing of each flight lesson?
I never accepted the offer, the price advantage does not justify this type of training, but sure it got me thinking about the legality of this situation.