Part Exchange for New Build Homes
Available on selected homes at Wrottesley Village, subject to eligibility, valuation and plot availability.
What is new build part exchange?
Part exchange allows an eligible homeowner to sell their existing property directly to County Town Homes as part of purchasing a qualifying new build home at Wrottesley Village. The scheme can simplify the buying and selling process by coordinating both transactions, subject to valuation, assessment, eligibility and plot availability.
Any offer is a commercial offer following valuation and assessment; it is not a formal market valuation.
Read the full terms and conditions here.
How does house part exchange work?
Check eligibility – Part exchange is available on selected plots, and your existing property must meet the scheme criteria.
Arrange valuations – County Town Homes will arrange for your existing property to be valued and assessed.
Receive an offer – Any offer is a commercial offer following valuation and assessment; it is not a formal market valuation.
Reserve your new home – If you accept the offer and meet the scheme requirements, you can reserve the qualifying Wrottesley Village property.
Progress both transactions – County Town Homes will coordinate the purchase of your existing property with the sale of your new home.
Complete your move – Remain in your existing home until the agreed simultaneous completion.
The process is subject to eligibility, valuation, legal checks, survey and the availability of qualifying plots.
Why choose new build part exchange with County Town Homes?
- County Town Homes pays the fees of the estate agent it appoints. You remain responsible for ending and settling any existing agency agreement.
- Your sale to County Town Homes is not dependent on finding an onward buyer.
- Both transactions are coordinated towards an agreed simultaneous completion.
- Remain in your existing home until the agreed simultaneous completion.
- Available on selected plots, subject to eligibility, valuation, survey, legal checks and scheme terms.
FAQs
Part exchange may suit homeowners who want to coordinate the sale of their existing property with the purchase of a qualifying new build home. County Town Homes pays the fees of the estate agent it appoints, but you remain responsible for ending and settling any existing agency agreement. Eligibility, valuation, survey, legal checks and plot availability apply.
It depends on the values involved. Your existing property must not exceed 70% of the purchase price of the selected new home and must have a maximum value of £500,000. Eligibility, valuation, survey, legal checks and qualifying plot availability also apply.
Stamp Duty Land Tax may be payable on the purchase of your new home. Part exchange does not provide an exemption. The amount due will depend on the purchase price and your individual circumstances, and your solicitor will confirm the amount payable.
Your solicitor will confirm the contractual deposit and any cleared funds required for the purchase of your new home.