You might get more for your property through an estate agent if it’s easy to sell, or you’re determined to hang on but in the meantime you might lose the chance to move into the new-build of your dreams.
“We’ve seen a marked increase in people using the part-exchange scheme at our development The Chilterns in Haddenham,” says Mandy Soames, Sales Director of Rectory Homes. “When they hear of the benefits – no estate agency fees, no property chain, a quick sale and market value achieved for their existing property – it’s a no-brainer for them.
“The scheme is for those who have a smaller property and are looking to make their second step into a larger one and don’t want the added pressure of keeping the house tidy and having lots of potential buyers traipsing through, particularly as in the current market properties are taking up to 198 days to sell in some cases,” she says.
“With the market in its current condition, people often think they can’t move forward with their purchase until they’ve sold their existing property and part-exchange is the perfect solution as it enables them to secure the Rectory home of their choice knowing they are not going to miss out to another buyer if they have not sold their own.”
Rectory Homes’ part-exchange scheme is available at The Chilterns, a development of 26 houses in Haddenham, Buckinghamshire, where three-bedroom semi-detached homes start from £465,000 and four-bedroom houses from £675,000 (01844 873855; rectory.co.uk).
It has a similar scheme in its Roebuck Park development of family houses in nearby Aston Clinton, where prices start at £425,000 for three-bedroom semis (01296 312022; rectory.co.uk).
03 August 2018