Part Exchange Guarantee: we'll buy your existing home and guarantee the best price
What is Part Exchange Guarantee?
With our Part Exchange Guarantee scheme, we could buy your current home from you – making your homebuying journey as smooth and quick as possible. And if we sell your existing home above our agreed offer, we guarantee to give you any profit made. So you could move to an energy-efficient homes with added peace of mind, no chain or estate agent fees.
1. You decide on the right home for you.
2. We arrange two independent valuations of your current property, and then make you a fair-value offer (based on a presumed sale of 8-10 weeks).
3. If you accept our offer, we buy your home and take it in Part Exchange.
4. We’ll remarket your home at its open market value, and if it sells for more than the agreed offer, we guarantee to give you the difference (minus our costs).
5. You’re all set to move into your energy-efficient new home.
Here's an example of how it works:
Our offer on your current property | £200,000 |
Property is remarketed at | £210,000 |
Offer we accept on the property | £210,000 |
Difference between our offer and sale price | £10,000 |
Estate agent fees | £3,300 |
Payment we make to you | £6,700 |
What are the benefits?
- Price guarantee - We’ll make you an offer, based on two independent valuations (based on a presumed sale of 8-10 weeks) – we’ll remarket your existing home at its open market value and if it sells for more than our agreed offer, we’ll give you the profit.
- No chain - With the peace of mind of us as your guaranteed buyer, you don’t need to worry about a property chain.
- No estate agent fees - You could save money and avoid the hassle of choosing and dealing with estate agents.
View the full terms and conditions.