Helping you move > Part Exchange
A guaranteed* chain-free cash buyer for your existing property, enabling you to reserve your new Crest Nicholson home.
Find your brand new Crest Nicholson home.
To establish the price that we are prepared to pay for your existing home, we will arrange for up to three local estate agents to assess the value of your existing home in the current market conditions. This process normally takes no more than 10 days.
Provided that your existing home meets the terms and conditions required for Part Exchange, we will make you an offer which will be subject to contract, structural survey and the appropriate legal searches.
Once you’ve accepted our offer for your existing home, you can proceed to reserve your new Crest Nicholson property. You will then need to instruct a solicitor and arrange a mortgage, if required, in the usual way.
We will help guide you through the buying process, ensuring that your move to your new Crest Nicholson home is as effortless as possible.
Ask your Sales Executive to see how Crest Nicholson’s Part Exchange scheme could work for you.
Part Exchange is available on selected Crest Nicholson homes. Terms and conditions apply, details for the Part Exchange scheme are provided below, and Crest Nicholson’s sales terms and conditions at this link.
The value of your Existing Home must be typically no more than 70% of your chosen Crest Nicholson home (your “New Home”).
Your Existing Home
Your Existing Home:
Crest Nicholson is under no obligation to make an offer.
What do I have to do to apply for Part Exchange?
You need to:
How does Crest Nicholson make me an offer?
Crest Nicholson will appoint up to three independent estate agents to undertake valuations of your Existing Home.
Please note that these estate agents are instructed by Crest Nicholson and are not permitted to discuss figures with yourselves.
Following valuation and inspection of your Existing Home, if it is eligible for part exchange, we will make you an offer.
Any offer made by Crest Nicholson for your Existing Home will be subject to survey(s), an independent valuation and any necessary further enquiries or reports.
Crest Nicholson reserves the right not to consider or accept your Existing Home for Part Exchange. If this is the case, we will explain the reason for our decision. All valuations and decisions are final.
What happens after I accept an offer for my Existing Home?
Once you have accepted the offer you need to:
Should you decide not to proceed with Part Exchange for any reason after our solicitor has been formally instructed, the reservation fee will be refunded, less £500 towards our reasonable reservation administration and conveyancing costs. If we decide not to proceed for any reason, then the reservation fee will be refunded in full. The balance will be returned to you without undue delay.
Will my New Home stay on the market?
Your New Home will remain on the market and can be reserved by another customer until a Reservation Form is completed and Part Exchange Terms and Conditions are signed.
What happens next?
After the Reservation Form is completed and Part Exchange Terms and Conditions are signed:
What documents do I need to supply to my solicitor for my Existing Home?
You will need to provide at your cost, prior to exchange of contracts:
Any prepaid service meters must be replaced with standard credit meters prior to legal completion
Must exchange of contracts for my New Home and my Existing Home take place at the same time?
Yes. Exchange of contracts for both your chosen Crest Nicholson home and your Part Exchange property must take place simultaneously.
What is required on Legal Completion of my New Home and my Existing Home?
On the day of legal completion:
When you move out of your Existing Home:
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Terms & Conditions
Part Exchange is available on selected Crest Nicholson homes. Terms and Conditions apply.