An Introduction to Part Exchange

by Administrator 9. April 2014 11:55

 

If you’re looking to move up the property ladder or need a larger home for your growing family, Part Exchange could be the perfect way to move into your ideal new home. If you are unfamiliar with Part Exchange our quick guide can help you learn more.

What is Part Exchange?

Part Exchange is a quick and easy way to move up the property ladder by selling your home to your house builder, so you can move without a chain, no delays, no estate agent fees and no time spent  putting your home on the market.

 

Apart from having a guaranteed buyer for your home, the rest of the home buying process works the same way as a standard purchase. Your house builder will be able to provide you with advice and guidance on independent mortgage advisors who provide free and independent mortgage advice.

What are the Benefits of Part Exchange?

From a quick, and simple transition to saving money on estate agent fees, there are many reasons why Part Exchange is appealing to homeowners.

A Smooth, Stress-Free Transition

Part Exchange is perfect for homeowners who are looking for a smooth transition from their previous property into their new home. Since you have a guaranteed buyer for your home you don’t have to go through the stressful process of marketing your home on the housing market.

Quickly Sell Your Current Home

Having a guaranteed buyer also means that the process of selling your home will be quicker and hassle free. If you take advantage of Part Exchange, you could have an offer for your home in as little as 5 days and there’s no lengthy property chain to hold up proceedings. This means that you’ll have reliable timescales to work to and there’s no risk that a buyer will change their mind.

Easy Planning and Firm Timescales

Since you’ve removed the risk of a third party causing delays, you will be able to organise the move ahead of time. This makes Part Exchange an attractive option for growing families who don’t have time to marketing their property or re-organising their moving plans.

Save Money on Estate Agent Fees

Part Exchange plans are also popular amongst homeowners who are looking to avoid paying estate agent fees. Since you are dealing directly with the home developer, you can avoid spending money on “middle men”. This will also make the process of moving home simpler as there are fewer channels to go through when selling your current home.

Make Selling Your Home Simple

Many homeowners choose Part Exchange for its simplicity. All you have to do is let us know that you’re interested and Stewart Milne Homes will organise the rest. Once you have accepted our offer, all that you need to do is select your ideal new home and we will liaise with your solicitors to complete the purchase so you can quickly move into your new family home

What is the Part Exchange Process?

The simplicity of Part Exchange is what attracts homeowners who want to avoid the complicated and time consuming task of marketing their current home. There are three main steps to Part Exchange:

·         Step 1: Provide details of your home to us.

·         Step 2: We will arrange for your house to be valued and provide you with an offer based on full market price.

·         Step 3: Once the final price for your current home has been agreed upon, your solicitor will need to be notified and the sale of your current home will be finalised alongside the purchase of your new home.

 

If you opt for Stewart Milne Homes’ Part Exchange service you can benefit from two independent valuations on your current home to ensure that you receive a fair price for it. When the final price is agreed upon, we guarantee that you’ll receive 100% of the valuation price for your property.

Since many homeowners who opt for Part Exchange are looking for a fast moving process, when you take advantage of Stewart Milne Homes’ Part Exchange service you could receive an offer for your current home in as little as 5 days.

Visit Stewart Milne Homes today to discover how Part Exchange can help you move up the property ladder.

Tags:

Add comment

  Country flag

biuquote
  • Comment
  • Preview
Loading