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Home Counties Housebuilder Recommending Part Exchange

Posted 17 March 2021 by Keith Osborne

Eileen Guihen of Crest Nicholson South explains the advantages of purchasing a new home via the Part Exchange option...

For homeowners search for a new home but concerned about the property market and the uncertainties about selling their current home, Surrey-based Crest Nicholson South is asking them to consider the advantages of using its Part Exchange initiative.

In simple terms, Part Exchange is trading a house you already own to move up the property ladder into a new home. Crest Nicholson purchases your existing property, and the value is taken off the price of the property you’re buying.

The scheme is the perfect solution for people who want to move but are deterred by the stress, hassle and cost around selling and buying a home at the same time.

Eileen Guihen, head of sales and marketing at Crest Nicholson South, commented: “Part Exchange might usually be something you associate with buying a car, so some purchasers are unaware it is a route into home ownership. In fact, the same principles apply – you essentially trade the property you own to move up the property ladder, so it’s a great option for upsizers. A major frustration for home movers that have a property to sell is chains can delay your move, however Part Exchange takes the stress out of the process, guaranteeing you a cash buyer and instead allowing you to focus on the excitement of buying your new home.”

Guihen outlines the benefits of Part Exchange:

  • It guarantees a cash buyer for your home.
  • As the process is between the developer and the seller, this removes complicated chain delays, often making the moving process quicker and reducing stress.
  • You will receive a fair value for your existing home.
  • You can remain in your existing home until your new home is ready.
  • Crest Nicholson covers all agent’s fees, meaning sellers can avoid costs they would be paying if selling on the open market.
  • It is a streamlined transaction and purchasers are given professional support and guidance throughout the process.

One of Crest Nicholson’s current developments where Part Exchange is available is Tangier Gardens in Bishops Waltham, located at few miles north-east of Southampton, in the Meon Valley on the edge of the South Downs National Park. This comprises three- and four-bedroom houses in a traditional design blending into the village surroundings, but with modern interiors to the latest buyer demands, which are fitted with high-quality appliances. Prices here start from £419,950 for a three-bedroom house and from £549,950 for a four-bedroom house.

Find out more about current Crest Nicholson developments in the South East of England.

 

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Bishops Waltham, Hampshire SO32
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Bishops Waltham, Hampshire SO32
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