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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[1], the scheme is proving popular amongst second-steppers looking for a simple sale in a convoluted market.

Recent second-time buyers Emma and Chris Raven, 39 and 35 respectively, are full of praise for Crest Nicholson’s Part Exchange scheme, which facilitated the hassle-free purchase of their new home at Cedars Park near Stowmarket.

Emma, a retail supervisor, explains: “I bought my first home 13 years ago and lived there happily for some time, but the house only had two bedrooms and after some time we decided it was time to upsize. The process of viewing houses was lengthy, but we were determined not to compromise on securing the right property.

“On looking around the four different new build developments in Stowmarket, Crest Nicholson’s Cedars Park stood out because of the quality of build, workmanship and finish. However, finding the time to choose our preferred home was tricky as we both work unsociable hours and Chris often works away. This was unnerving as it made us question how we’d find the time to sell our home, let alone find a new one.

“Fortunately, when speaking to the sales advisors, we discovered that Crest Nicholson offered a Part Exchange scheme. On valuing our home, Crest Nicholson made an offer in line with market value and so we decided to proceed, upsizing to a four bedroom family home.

“We were delighted with the speed of the process – the time it took from first registering our interest to when we moved in was just three months. Moving house is inevitably stressful, so we were grateful for any opportunity to alleviate that anxiety. Both the sales team at Crest Nicholson and their recommended mortgage lenders and solicitors were fantastic, offering flexibility and working around our unsociable working hours.

“Furthermore, we had a grace period whereby Crest Nicholson took ownership of our old home, but still allowed us three or four days to move into our new property. This meant we were able to enjoy our beautiful new home from the outset, without a backdrop of stress of pressure.”

Annette Cole, Sales and Marketing Director, Crest Nicholson Eastern, said, “At Crest Nicholson, we understand that moving can be stressful, and we aim to do all we can to relieve that stress during the buying process.


“We have a range of initiatives to help homebuyers, including our Part Exchange scheme, which has been designed to take the hassle out of the home buying process, giving buyers the equivalent market value for their home and helping them to trade up at the same time. This enables buyers to enjoy the moving process, safe in the knowledge that all details are in hand.”

The simple Part Exchange process allows home owners to identify the property of their choice, while Crest Nicholson establishes a price for their original home. The process is short and efficient, and enables prospective purchasers to climb the property ladder with minimal restrictions.

Cedars Park is a lively community with its own local amenities, surrounded by beautiful Suffolk countryside. The development is ideal for commuters with families who need straightforward transport links directly into London, yet retains all the lifestyle benefits of country living, facilitating relaxing weekends at home with the family.

For further information about purchasing a home at Cedars Park, please contact the Sales and Marketing Suite on 0870 7551620, which is open daily from 10am to 5pm.  Alternatively, visit the website

[1] Move With Us, November 2013