Part Exchange - How it works

Find out if your home is suitable for Part Exchange

Our Development Sales Manager will be able to estimate whether your home may be suitable for Part Exchange according to its value and location.

Request a Valuation

We will undertake an independent valuation by an estate agents at no charge to you.

We will then make a fair offer based on the estate agent’s opinions.

Our offer will be made on the basis that all carpets, floor coverings, cooking appliances (including freestanding) integrated kitchen appliances, curtain rails and poles and all fixtures and fittings remain in the property and the agents will view your property with this expectation.

Offer acceptance & Reserving your home!

If you agree our offer price for your property, you can go on to reserve your new Dere Street Home! The offer that we make will be subject to a Homebuyers Report for any homes over 10 years old.

The Part Exchange offer will be sent to you in writing, simply read, sign and return to us within the specified timescale.

We arrange the Homebuyers report on your property to check that it requires no major repairs or maintenance work.

Our solicitors are instructed to start the usual legal process of buying your property. As with any buyer’s solicitors we will ask the usual questions such as approvals for extensions etc.

Viewings

Once you have reserved your new home, your current home is placed on the market with our chosen estate agent. We expect that you allow reasonable access for potential purchasers to view at mutually convenient times. At this point you should dis-instruct any other estate agent that you may be using to sell your property.

Move In Day!

The exciting day is here when you get the keys to your new home - and we take ownership of your old one!

In the lead up to completion day, your solicitor will be sent a final invoice which details the amount owing to us. Added to this will be a £500 bond which our solicitor holds until we have visited your old property to check that everything is in order and that you have left all items agreed on the fixtures and fittings list. You will have previously completed this form with your solicitor. Your bond will then be refunded through your solicitor.

On completion day we ask that all keys for your old property are left with our Development Sales Manager by 4.30pm. We will arrange a follow up appointment with you to meet at the Part Exchange property to take meter readings and check over the property.

After that, all that is left to do is enjoy setting up your new home!