Award winning developer, Crest Nicholson is hosting an exclusive Part Exchange event on Saturday 29th February between 10am – 5pm, at its charming development The Burrows, in Earls Colne, Colchester. The event will demystify Part-Exchange, allowing purchasers to ask questions, receive tailored advice and learn how the scheme can be used to secure their dream home.
How does Part Exchange work?
The scheme is the perfect solution for people who would like to sell up and move home, however are deterred by the stress, hassle and cost, meaning they are living in a home which they have fallen out of love with or that no longer fulfils their needs.
In simple terms Part-Exchange is trading a house you already own to move up the property ladder into your new home. The developer of a new-build property purchases your existing property and the value is taken away from the price of the property you are buying.
The process is robust and transparent, ensuring homeowners get a fair market value for their current home. Independent valuations are obtained from three different high-street agents and an offer is made off the back of these third-party valuations.
What are the benefits?
- 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
- Homeowners don’t need to move out of their current home until their new home is ready to move into
- 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
Karen Coulson, Sales and Marketing Director at Crest Nicholson Eastern, said: “A number of potential purchasers are still unaware of the Part-Exchange scheme as a route to buying a new home and many still associate it with trading in a car. When it comes to using the scheme to buy a home, the same principles apply; you are essentially trading the property you own to move up the ladder into a new home. It can take the stress out of selling a home, guaranteeing a cash buyer and meaning you don’t have to worry about chains falling through, which can otherwise be a huge frustration. Our event at the weekend is the perfect opportunity to find out more about the scheme and learn how it can help make your home ownership dreams a reality.”
The Burrows comprises a traditional collection of three and four bedroom houses. Prices for a three bedroom house start form £349,950 and four bedroom homes from £389,950. For more information and to book your place at the event, please call 01787 844 315 or visit www.crestnicholson.com/developments/the-burrows.