It is a common misconception that homeowners will lose market value on their property if they use a Part Exchange scheme, but with an increased uptake of 11% in 2013 , the scheme is proving popular among second-steppers looking for a simple sale in a convoluted market.
Christine Tiernan, Sales and Marketing Director, Crest Nicholson South, explains: “With the property market gripped by Help to Buy, many prospective purchasers have forgotten about other schemes that help them to move up the ladder and secure their dream home.
“Spending months selecting the perfect property can be hampered all too easily by a lack of interested purchasers, reminding us that being a vendor is challenging in a buyers’ market.
“However, part exchange (PX) is perfect for home owners looking for a hassle-free move. If you can’t bear to have a stream of buyers viewing your property over a period of months, want to be chain free and avoid estate agents’ fees, PX facilitates all of these benefits. Furthermore, if you’re relocating for a new job and time is of the essence, for example, part exchanging speeds up the sales process significantly.
“Where possible, we also offer a grace period whereby we, as Crest Nicholson, take ownership of our buyer’s old home, but allow three or four days for them to move out and into their new property. This alleviates the stress and pressure of moving once the sale has completed or if the two sales don’t align.
“Additionally, to ensure that our buyers are confident in the offer we make for their home, we arrange for two independent estate agents to value the properties at market price before agreeing the price.”
With its picturesque semi-rural location in the village of Faygate, Crest Nicholson’s Kilnwood Vale development comprises a selection of two-bedroom apartments, and two, three and four-bedroom houses.
Currently available with Part Exchange is The Westcoat – an imposing four-bedroom detached family house.
With generously proportioned living accommodation on the ground floor, The Westcoat is characterised by a spacious kitchen / dining room, which makes for the perfect hub of the household. Equipped with a stylish fitted kitchen, the home comes complete with integrated Bosch appliances for a sleek finish. Extending fluidly into the dining area, the kitchen space is defined by a large island unit, which also operates as a breakfast bar.
Framed by beautiful French doors that open onto the private garden, the dining area offers ample floor space for a family dining table, perfect for weeknight family dinners or more formal occasions.
The separate living room can also be used by the family for relaxing evenings at home, or as an entertaining area. Boasting French doors and dual aspect glazing, the interiors are flooded with natural light, inviting the outside in and enhancing the sense of space.
Four bedrooms are arranged across the first floor, with the master and second bedrooms both benefiting from en suite shower rooms. The master suite also offers built in wardrobes, while the three further bedrooms offer plenty of space of storage.
Extending onto open countryside, Kilnwood Vale is a growing community which has been designed with residents in mind, and on completion of the first phase will offer parks, play areas and sport facilities. In addition, footpaths, cycle paths and bridleways enable residents to make the most of the outdoors.
Excellent transport links on the A264 Crawley Road and nearby Crawley train station ensure commuters are able to access London and Brighton in less than an hour.
The four-bedroom Westcoat is priced at £529,950 and comes with a garage and off-street parking.
For further information about purchasing a home at Kilnwood Vale, please contact the Sales and Marketing Suite 0845 894 7873 or visit www.crestnicholson.com/kilnwoodvale