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Westerhill Homes Part Exchange

What is Part Exchange?

It’s simple, we buy your current home so you can buy one of ours.

Are there any types of property which you won’t take in part exchange?

We will look at most types of home, but we are unable to take some types of property. Complete one of our Part Exchange Application Forms and we’ll let you know if we will be able to proceed to the next step which is getting valuations done. You must be buying a home which is a minimum of 30% more in value than your current home.

Who does the valuations on my home?

We’ll instruct three local agents to carry out a valuation. Once we have their reports, we’ll discuss an offer with you if we want to make you an offer.

I’ve heard that developers offer a lot less than the market value, can you explain why?

The amount we will offer you is subject to market conditions and the valuations from three local estate agents. Their valuations are based on achieving a sale within 4 weeks. Don’t forget you’ll be saving on estate agents fees, there’s no forward chain, you’re dealing directly with the developer and your chosen plot is being held for you. 

What happens next?

Once we have agreed a price for your own home then we’ll instruct a local estate agent to market your home, with a view to legally completing at the same time as you do on your new home.  We’ll also instruct our Solicitors and you should do the same, they will then begin the legal work for both parties.

Who pays the estate agents fees?

Westerhill Homes will pay the estate agents fees as this is part of the Part Exchange scheme.

How do I reserve my new home once a we have agreed to Part Exchange our current home?

The usual reservation process applies, take a look at our Buyers Guide – Buying a New Home for more details.

Other Categories

  Buying a New Home – The Process

When you are buying a new home there is a lot of information to take in. We’ve put together this handy Buyers Guide especially for you, to answer some of the most often -asked questions

  Finance

There’s a lot to think about when you are buying a home, and how you are going to finance the purchase is one of the most important aspects to consider.

  First Time Buyers

When you are buying a home for the first time there a lot of information to take in. We’ve put together this handy Buyers Guide especially for you, to answer some of the most often -asked questions

  The Help to Buy Equity Loan Scheme

The Government-backed Help to Buy Equity Loan Scheme is for first time buyers. We’ve put together some handy questions and answers to give you an overview.

  Legal

Once you’ve chosen your new home, you’ll need to instruct a Solicitor to complete the legal conveyance work on your behalf. Here are some handy questions and answers to help you understand a bit more about the process.

  Stamp Duty Land Tax

This handy question and answer guide gives you a small snapshot of information about STDL – Stamp Duty Land Tax.

  The Benefits of Buying a New Home

There are many benefits to buying a new home. We’ve put together a handy question and answer guide for you to give you some of the information.

  The Consumer Code

The Consumer Code is for you the buyer and us the house builder, our question and answer guide gives an insight into what the Code is all about.

  Westerhill Homes Customer Services

Once you’ve moved into your new Westerhill Homes home, our dedicated and experienced Customer Services Team will be here to support you. Here’s our handy guide in a question and answer format explaining what to expect.

  Westerhill Homes Easy Move

If you’ve found one of our homes you want to buy, but haven’t sold your own home then our Easy Move Scheme will be the perfect solution. Take a look at our handy questions and answers guide to find out more.

  Westerhill Homes Part Exchange

We are keen to help you move and appreciate that selling your own home is stressful. Our Part Exchange Scheme take all the stress away from you, plus you’ll save on estate agents fees. Here’s some handy questions and answers to explain more about how our part exchange scheme works.

  Westerhill Homes Recommend A Friend Scheme

We want to say thank you when you for introducing Westerhill Homes to your friends and family. How does the scheme work?

  Countdown to Moving

There’s so much to think about when you’re moving home, we’ve put together a handy tips sheet to help you plan the move.

  Your new home warranty

The Westerhill Homes Customer Journey continues once you have moved into your new home with our New Homes Warranty.