Property Exchange // Enabling Your Dream Move
Ashtons Property Exchange Scheme is a simple idea that could enable your dream move. Part exchange is the process of exchanging an existing home as part payment for a new property, acting like a house swap.
Ashtons Property Exchange Scheme is a simple idea that could enable your dream move. Part exchange is the process of exchanging an existing home as part payment for a new property, acting like a house swap. This concept also works well for people looking to release equity from their property.
Of course both homes need to meet the requirements of the parties involved. Once a match is made we will start the traditional negotiations for the selling prices and the normal conveyance follows. Below is a couple of examples of how it works.
If you are on the market with another estate agent... no problems. We can work along side your estate agent to create the exchange.
If the house you like is with
another estate agent, that's fine. Just make a note of the property details and we will call the agent and find out if your property is a possible match for theirs.
Direct Exchange
You are currently living in a substantial family home, your children grew up there which was ideal at that time, but they have now flown the nest. You are looking to downsize, you are struggling to sell - However, you have seen a number of smaller semi's which suit your criteria. As luck would have it, they have had their eye on your property for a while too. But how were you to know? Now you can.
How a Direct Exchange Takes Place
How Chain Forming Takes Place
Chain Forming
Within a chain an exchange can occur where the vendor at the top of the chain (Vendor A) purchases property from the vendor at the bottom of a chain (Vendor D). This allows the sale of Vendor A’s property to proceed and facilitates the release of the majority of their equity. In a slow market, it is crucial that all avenues are fully explored in order to achieve a sale. Register your details with Ashtons to find out more.
What to do Next?
If you are frustrated with the current market and want to try another route to get moving, contact your local Ashtons Office for further details and join our Property Exchange Scheme.
Mortgage Advice
Ashtons work tightly alongside Faraday Mortgage Associates, they are a whole of market broker that can offer independent advice bespoke to your current situation. Speak to us, to speak to them. It could save you greatly.
Register to Receive
Register your requirements with Ashtons today and we will keep you posted with the latest properties that suit your needs. It takes two minutes online, no messy forms, no drama. Or, if you prefer, speak to your local office and let them know exactly what you wish for.
