Part exchange offers quick solution to stunted home sales

Swapping your existing property for a brand new home is a quick, stress-free and appealing solution, especially when it’s taking vendors nearly three months to find a buyer for themselves.

Latest figures from Hometrack show that the average length of time taken to sell a house in South Wales is seven weeks; and it now takes an average of nine viewings to achieve each sale.

It’s great news then that Redrow Homes is offering part-exchange at its Cae Rebeca development in Pontarddulais, near Swansea, where homebuyers can take advantage of the chance to swap new for old, so they can move virtually straight away.

Award-winning Redrow offers part-exchange on selected plots, effectively acting as a cash buyer for the customer’s existing property, subject to criteria. It takes the problem of finding a buyer or being stuck in a housing chain out of the customer’s hands and paves the way towards that longed-for new home.

Rachael Davies, area sales manager for Redrow Homes (South Wales), said: “Part-exchange is perfect for people who want to move right away, but are being held back by their current house. We take any hassle out of their hands so they can concentrate on their all-new Redrow home.

“They will also enjoy all the other benefits that come with owning a new home such as improved energy efficiency and cheaper running costs, no costly renovations or upkeep and no living with a previous owner’s decorating disasters.”

The opportunity to part-exchange is available on selected properties at Cae Rebeca, a development which currently features two, three and four bedroom homes priced from £99,995 to £154,995. These homes boast Redrow’s desirable new interior specification, including convivial open-plan living spaces and contemporary kitchens with floor to ceiling units and top brand name integrated appliances.

Being able to part-exchange gives new homes a big advantage over the second hand sector in the current economic climate, with Redrow also able to provide access to a network of financial and legal advisers to help customers find the best mortgage for their circumstances and to ensure the move goes smoothly.

The Cae Rebeca venture of 93 new homes in Pontarddulais is a welcoming place for home owners. Local amenities are plentiful, including schools, shops and banks; it’s just eight miles from Swansea and a short drive away from the beautiful scenery of the Gower coastline. For those with children, Pontarddulais offers a good choice of schools, both English and Welsh speaking.

Log on to redrow.co.uk for more details.