From time to time, we recognise that you may need a little help in moving into one of our spacious new homes. For reasons of speed, convenience or market conditions, you may wish to take advantage of our part exchange opportunities. As well as peace of mind concerning whether your current home will sell, you will avoid hefty estate agent's fees and advertising costs and, above all, will have the ability and confidence to buy the home of your choice.
Our part exchange option is highly popular and has taken the stress out of the home buying process for many of our customers over the years. However, we can only offer this on selected developments and on particular plots. The sale advisor based on each development has full knowledge of when and where we can discuss part exchange with you.
To qualify as a part exchange property, your current home must meet the following criteria:
The value should be no more than 70% of the value of the new home.
If the property is ex-local authority, there must be evidence of resales in the area.
It must be located within a reasonable distance of one of our existing developments.
It must be in good order and require no major maintenance or repair.
All necessary consents for alterations or extensions must be available for inspection, including any required for the installation of replacement windows, even if the work was carried out by a previous owner.
If you reserve a plot that has a part exchange option and you decide to take advantage of part exchange, your sales advisor will ask you for information on your present home. This form will then be passed to the Company who will instruct independent valuations. These valuations are based on achieving a sale within 12 weeks. Our Coordinator will then telephone you to make an offer based on these valuations.
The offer may be subject to the Coordinator visiting your property. If required, this will be communicated by the Part Exchange Coordinator. We do reserve the right not to place an offer for a part exchange property.
If you accept the offer, we will place your property on the market. You should instruct your solicitor to deal with the legal documentation regarding your sales and purchase. Our appointed selling agents will contact you to arrange mutually convenient viewing times for prospective buyers.
You will then move into your new home on a pre-arranged day.
This offer is available on selected plots at selected developments only. To find out if this scheme is available, please contact the sales advisor at your development.