Demand for part-exchange soars for Barratt North East
Record numbers of homeowners are looking to move up the housing ladder whilst getting around the problem of finding a buyer for their existing property, according to Barratt North East.
The region’s leading housebuilder says levels of customer interest in its part exchange service are at a new high. And the reason is clear – the difficulties facing homeowners who try to sell their own home in the current market.
“We’ve been offering a part exchange service for more than 30 years but we’ve never had so many people looking to take advantage of it,” said Fenton Hewitt, Sales Director at Barratt North East.
“People are coming to us who are understandably keen to move up the property ladder now. Because of the fall in house prices in the last four years, the gap between the price of your present home and the one you want to move up to is likely to be significantly smaller than it was in 2007.
“But we are hearing horror stories at the moment about the problems you could face if you try to sell your old property. Not only is it hard even to find a buyer in the second-hand market. Sometimes when you do find one, they drop out or insist that you reduce the price.”
Barratt North East is offering part exchange for a limited period only on selected homes at its developments in County Durham.
With the service, Barratt will buy your old place in just seven days when you purchase one of its new homes. That way you can buy and sell in one easy move and know you’re getting fair market value for your old home.
There are no estate agents’ fees to pay, you side-step most of the hassle and cost usually associated with selling a property and – best of all – you’ll have no worries about the dreaded housebuying ‘chain’ breaking.
“It’s just like part exchanging a car,” added Fenton. “We’ll consider buying your current home so that you are free to buy one of ours.
“We arrange for the property to be valued by two independent surveyors and make a fair offer based on the valuations. We are a guaranteed cash buyer, there’s no chain, no agents’ fees or last minute price haggling.
“This probably sounds like a very good deal to anyone currently struggling to sell their old home. I would urge anyone interested to call us today to find out more.”
Barratt is offering part exchange at Beechwood, Sacriston; Birch View, Chester-le-Street; Burton Woods at Whitworth Park, Spennymoor; Fellview, Consett; and The Sidings, Blackhall Rocks.
Showhomes at the developments are open from 10.00am to 5.00pm, Thursday to Monday (Birch View 9.00am to 4.00pm; Fellview open every day).
