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Home Exchange Homes

 

We could buy your property from you, simplifying your move and saving you money


Found your ideal new home, but still need to sell your current property? Home Exchange, our part exchange scheme, could take the pressure off. Instead of waiting for the right buyer, you can secure your new home first without the added pressure of selling your old home.


We're able to step in and buy your property directly, we then deduct its value from the price of your new home, giving you an easy path forward. This results in a much simpler and calmer move into your new home – without the costly Estate agent fees and the uncertainty of traditional chain selling.

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Home Exchange in 4 Easy Steps

1

Find your ideal new home - Choose the new build home that fits your needs. Once you've found the right one, check with us whether your current home is eligible for our part exchange scheme.

2

Value your current property - We'll arrange for two or more trusted local estate agents to value your current property. Their valuations give us a clear picture of its worth, helping us determine a fair offer.

3

Receive your offer - If your home meets our Home Exchange criteria, we'll provide a realistic, market-based offer that reflects its true value.

4

Move into your new home - Once we purchase your property, you'll be free to move into your chosen new build home as soon as it's ready. We'll be here to guide you at every stage, ensuring the transition is seamless and straightforward.

Can you part exchange your house or apartment?

Part exchange may be an option for you, as long as your current house meets a few key criteria:

• It must be mortgageable and sellable
• It must be located in England or Wales
• It must be worth no more than 75% of your new home's value

We'll also instruct one of our approved independent financial advisors to financially qualify you as part of the process to ensure everything that is required is in place.

We’re here to support you throughout the process. If anything feels unclear or you'd like to talk things through, get in touch – we're always happy to help.

 

How could Home Exchange benefit you?

Home Exchange is designed to simplify the moving process. It can help save you time and money, offer peace of mind and allow you to focus on your exciting next chapter.
If you part exchange your current house with us, you could:

Reduce moving stress – Avoid the pressure of selling your current home before securing your new one.
Receive a fair value – Get at least 100% of your current property’s market value.
Save on costs – Skip estate agent commissions so you can keep more of your money. 
Avoid property chains – Eliminate delays and uncertainty caused by a long line of buyers in the same chain.
Enjoy greater peace of mind – Protect yourself from unexpected problems like last-minute buyer dropouts.
Stay in your current property – Remain in comfort in your existing home until your new home is ready to move into.

 

Will there be a cost to part exchange my home?

You won't pay anything extra to use Home Exchange, and you could even save thousands in estate agent fees. We cover the cost of valuing your current home, and there's no charge for the offer we provide.

A fee might apply if you cancel after your reservation is confirmed. This is because we'll have already completed the Homebuyer’s Report, and we’ll have incurred costs at that stage.

The table above outlines the potential savings, depending on the value of your current home.

Selling price of
your property

This is what you could save on agent's fees with Home Exchange

£100,000

£1,800

£200,000

£3,600

£300,000

£5,400

£400,000

£7,200

£500,000

£9,000

Calculated based on typical estate agent’s fees of 1.5% plus VAT.

FAQs about our Home Exchange part exchange scheme

What does part exchange mean when buying a home?


Part exchange is when you trade in your current home with a house builder. Doing this lets you put the value of your existing property towards your new build, meaning you only pay the difference between the two prices.

You also avoid the uncertainties of the open market by buying a part exchange home from us. Without any estate agent fees or waiting on property chains to complete, you can experience a smoother, less stressful homebuying process

Should I part exchange my house?

Part exchange may be a good fit if you want a faster, simpler move without the stress of selling your current home. It might be the right choice if:

• You need a practical way to move within your budget, as the value of your old property helps to fund your new one
• You want to avoid the uncertainty of viewings, negotiations and waiting for offers on the open market when selling your current home
• You're already planning to move into a new build home

However, part exchange may not be suitable for everyone. It's important to carefully consider if this solution aligns with your needs and circumstances. 

What homes will you consider for part exchange?


We consider most mortgageable, sellable properties across England and Wales for part exchange. Just get in touch if you’re not sure whether your home qualifies – we’ll be happy to answer your questions.

Does it matter how much my home is worth?

Yes, your current property needs to be worth no more than 75% of the price of the new home you'd like in order to be eligible for our part exchange scheme.

Will I get the full market value if I part exchange my current home?


Yes, Home Exchange ensures you'll receive at least 100% of your current property's market value.

What if my current home's valuation is lower than expected?


We arrange valuations from multiple local estate agents to ensure accuracy and provide you with a fair market-based offer. However, if the valuation is lower than expected, you're free to walk away with no cost or obligation. You aren't obliged to accept any offer we make for your current home.  

Will I need to pay for the valuations on my old home?

No, you won’t pay anything for valuations or offers – we cover these costs for you to help make the process as smooth as possible.

Is there a cost if I decide to cancel?

There's no charge if you cancel before your reservation is approved and prior to the Homebuyer’s Report being completed. However, a fee will apply if you cancel after this stage as we'll have incurred costs. 

How long will it take to part exchange my house?

The process typically aligns with the completion date of your new home. In some cases, we can complete the purchase sooner to accommodate your specific circumstances.

Can I stay in my current home until my new one is ready?

Yes, you can stay in the comfort of your current home until your new one is ready, and only exchange keys when it's time to move in.

What happens to my old home after the exchange?

We take care of selling your old home after you move into your new one. We'll work closely with local estate agents to handle everything, so you can focus on settling into your new home and community.

Start your search today

More ways we can help you move

Smooth Move

Take the stress out of selling with our Smooth Move scheme where we’ll help you sell your current home.

Introduce a friend

If you recommend a Countryside Home to a friend and they buy from us, we’ll give you £2000* to say thank you.

Smooth Move

Take the stress out of selling with our Smooth Move scheme where we’ll help you sell your current home.

Introduce a friend

If you recommend a Countryside Home to a friend and they buy from us, we’ll give you £2000* to say thank you.

Still haven't found what you're looking for?

Terms & Conditions: *Home Exchange is available on our selected new build homes only, subject to contract and eligibility criteria. We reserve the right to refuse to agree to Home Exchange of your current home and we are under no obligation to give reasons why. Home Exchange is also subject to the terms of your Reservation Agreement with us. As a guide, your current home to be exchanged with the new home must not be worth more than 75% of the value of your chosen new home. To take advantage of this offer you must claim before reserving a property from us and before any other discount is applied. Offer may be withdrawn at any time prior to reservation. We may also require evidence of your financial ability to proceed with the purchase of a new home from us. You are not obliged to accept any offer we make for your current home. Before we make you an offer for your current home, we will instruct a minimum of two local estate agents to undertake an independent valuation based on securing a buyer within a specified selling period determined by us at the relevant time. Our consultants may also visit your current home. We will then determine our offer (at our sole discretion) which will be subject to:

You being financially qualified by an independent mortgage advisor nominated by us to proceed with the intended purchase of your chosen new home

Us receiving a satisfactory home buyers survey of and legal due diligence on your current home

You legally exchanging contracts to purchase your chosen new home from us within the period specified in the Reservation Agreement

On accepting our price for your current home, you will need to pay a reservation fee and complete a Reservation Agreement to reserve your new home from us. You will also need to complete a Home Exchange form in relation to your current home. On reservation of your chosen new home, we will organise a home buyers survey of your current home and our appointed estate agents will market your current home. You are responsible for any previous arrangements with your own estate agents appointed by you. Reservation fees may not be refunded if cancellation by you occurs once the home buyers survey has been instructed or if you do not exchange within the agreed reservation period. You may need to leave a full set of keys and agree access to your current home for accompanied viewings for potential buyers with the appointed estate agents. You agree to ensure your current home is kept clean and tidy during this period and in a presentable condition to facilitate viewings to potential purchasers. You can stay in your current home until your new home is ready and a notice to legally complete is issued by us specifying the legal completion date. The dates for exchange and completion of your purchase of the new home from us must be the same as those on selling your current home to us. This offer is not to be used in conjunction with any other offer, discount, promotion or scheme. Not applicable to second homeowners or investor purchasers. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Subject to individual lender terms and conditions. Our usual reservation and sales terms and conditions also apply. Please speak to one of our sales consultants for more details.

References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.

All images, videos and virtual tours are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.