Some building companies offer you the opportunity to sell your existing home to them at the same time you buy your new property. This makes the whole process very simple, since it bypasses all the usual hassles of selling a property through an estate agent. When you use a part-exchange scheme you’ll be a guaranteed a buyer for your home with no risk of the sale falling through at the last minute: you can relax and start planning your move.
Obviously, part-exchange deals are only available to people who already own a home. Before you commit yourself to any part-exchange arrangement, do make sure that you understand the terms and conditions of the contract and are happy to abide by them.
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This is a method used by builders to attract customers who are otherwise unsure about buying a new property, and it’s one which can make all the difference to your finances. Sign up for one of these incentives and you’ll receive a lump sum towards your deposit and house-moving expenses, usually paid through your solicitor when your mortgage completes. Cashback deals can be worth up to 5% of your new home’s purchase price, a bonus which is definitely worth having.
Being stuck in a chain is a common reason for property purchases to move with excruciating slowness or even fall through entirely. So building companies have a vested interest in making it as easy as possible for you to sell your current home. Many will arrange for your property to be valued and marketed through an estate agent as a priority case, free of charge. If your builder suggests helping you in this way you should certainly give the idea serious consideration, as it could well save you a lot of time and expense.
At Zing, we’re here to help you throughout your mortgage application. From your first enquiry through to completion - we’re here to make the whole process easier for you.
Efficient and Excellent Experience
1st time buyers and they made the whole process really easy from start to finish. Kept us up to date throughout and answered any questions we had strait away. Thank you Zing
Best choice we made
Gary was patient & understanding when dealing with our mortgage. Ellie was brilliant with weekly updates that increased to daily as we neared completion. Can't thank the team at Zing enough, would recommend to anyone.
Great service
Great service from start to finish. Lee was very knowledgable and got us the deal we where looking for. Was kept informed and he was always available, or called us back. Would highly recommend.
Excellent
Very nice service I will recommend it to my friends and if I need will use again. Very big thanks for Ian.
Good overall service
We have used zings services for a number of years now and have always been very happy with there services, although we had a bit of a slow start this time everything was completed well and would recommend them again for the future.
Would recommend
They chased the solicitors continuously for what was a long tome! They kept me up to date throughout which I really appreciated
