Top tips for part exchange

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Part Exchange continues to prove a popular solution for many homehunters struggling to sell an existing home and for local housebuilder, David Wilson East Midlands, this deal is without doubt at the top of househunters’ wish-list.

Aptly described as the easy way to climb the property ladder, Part Exchange allows homehunters to purchase a brand new David Wilson home even if theirs is unsold. David Wilson will buy your old home, leaving you free to move into one of theirs.

Cathy Johnson Part Exchange Manager at David Wilson East Midlands, believes there are countless advantages to this scheme, she said: “Part Exchange is a fantastic offer and one of our most popular deals that increasing numbers of existing homeowners are taking advantage of.

“Aside from being a stress-free move up the property ladder, there are many other advantages including a guaranteed buyer, no estate agent’s fees to pay, no worry of a chain falling through and with selected homes ready built, you could move in weeks.”

For anyone considering taking advantage of this deal, Cathy is offering her top four tips to a successful Part Exchange:

1. Speak to an Independent Mortgage Adviser

As with any purchase, before making any plans it is advisable you speak to a specialist mortgage adviser to make sure you get the best deal around and that the property you’re looking at is affordable.

2. Be realistic about the valuation

We offer fair market value based on two valuations however it’s still important to be realistic about it and remember that even if you were to sell the property independently you might still have to negotiate.

3. Keep on top of DIY

Make sure that all DIY jobs have been finished so that your home is ready for marketing straight away. This will also help to get the best possible valuation.

4. Sit back and relax

Once you’ve Part Exchanged you can leave all the hard work to us. So sit back and relax and enjoy moving into your brand new David Wilson home.

David Wilson East Midlands is currently offering part exchange at all its developments throughout Nottinghamshire which include:

Woodhouse Park

Woodhouse Way

Nottingham

Three, four and five bedroom homes from £234,995

Papplewick Green

Off Papplewick Road

Hucknall

Three and four bedroom homes from £199,995

Hollygate Park

Hollygate Lane

Cotgrave

Four and five bedroom homes from £359,995

For further information please call the sales hotline on 0844 811 5544 or log onto the website at www.dwh.co.uk