Part Exchange Houses, New Build Part Exchange Homes Near Me, Home Exchange

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Home Exchange

Let us buy your home and make moving easier – and we could save you money along the way

If you’ve fallen in love with one of our new homes but still need to sell your current property, Home Exchange can simplify the process. Using Home Exchange, our part exchange scheme, allows you to secure your new home before selling your existing one.

We'll buy your property directly and deduct the value from the price of your new home. That means you can move into the home you've always wanted, without the usual stress or hassle of traditional home selling. Even better, you’ll be saving money on Estate Agents fees at the same time.

HOW IT WORKS

Home Exchange in 4 Easy Steps

With Home Exchange, you can move into your new home in four easy steps:

Find your perfect new home: Choose the new build home that's right for you and see if you're eligible to use Home Exchange – our part exchange scheme.

Get your home valued: We'll arrange for two or more local estate agents to give us a valuation of your current house or apartment, ensuring we offer you a price that reflects its true value.

Receive a fair offer: If your home qualifies for Home Exchange, we'll make you an offer that's based on current market prices.

Enjoy a stress-free move: Once we buy your home from you, you're free to move into your new build as soon as it's ready. We'll be with you every step of the way, guiding you through the process to make your move as straightforward as possible.

Can you part exchange your house?

There are 3 key criteria you’ll need to meet in order to part exchange your house or apartment with Linden Homes, it must be:

1. Mortgageable and sellable
2. Located in England or Wales
3. Valued at no more than 75% of the price of the new home you'd like to buy

As part of the process, you'll also need to be financially qualified by one of our approved Independent Financial Advisors to make sure everything that's required is in place.

We’re here to help, so don’t hesitate to get in touch if you have any questions.

What are the benefits of Home Exchange?

Home Exchange is the simple way to make sure you don’t lose out on the brand-new home you want. It could also save you time and money along the way.

You can enjoy the following benefits when you part exchange your home with us:

No disappointments – You won't lose your dream new home because you can’t find a buyer for your current one
Fair value – You'll get at least 100% of the market value of your current home
Save on fees – You won't need to pay any commissions to estate agents
No chains – You get to skip the stress of navigating long property chains.
Peace of mind – You won't have any worries about last-minute buyer drop-outs.
Stay put – You can remain in your current house until your new home is ready.

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.

How much will it cost to part exchange my home?

Using Home Exchange won't cost you anything extra. We cover the cost of the valuations on your current home, and we don't charge anything for the offer we give you.

The only additional cost that could occur would be if you decide to cancel after your Home Exchange reservation is confirmed and we’ve completed the Homebuyer’s Report, as we’d have already incurred some costs at that stage.

Even better, you could save thousands with Home Exchange by avoiding estate agent fees. The table below shows how much you could potentially save, based on the value of your current home.

FAQs about Home Exchange – our part exchange scheme

What does part exchange mean when buying a home?

Part exchange is a simple way to make your move easier. With part exchange, we buy your current home so you can put its value towards your new one. You pay the difference between the agreed value of your home and the price of the new one.

Buying a part exchange home from a house builder means you won't have to worry about selling your old home on the open market. There are no estate agent fees and no long property chains – just a smooth, straightforward process that helps you move into your new home with ease.

Should I part exchange my house or apartment?

Part exchange could be suitable for you if:

You're struggling with affordability, as the value of your old home covers part of the cost of your new one
You'd like to skip the hassle and stress of selling your old home
You're already looking to move into a new build home

However, part exchange won't be for everyone, so it's worth considering if it fits your needs.

What homes will you consider for part exchange?

We’re happy to consider most types of property across England and Wales, as long as they’re mortgageable and can be sold. If you’re unsure, just get in touch – we’re here to help.

Does it matter how much my home is worth?

To use our part exchange scheme, your current property needs to be valued at up to 75% of the price of the new home you'd like to buy.

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

Yes, with Home Exchange, you're guaranteed at least 100% of the market value of your home.

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

We arrange for multiple estate agents in your local area to value your existing home, ensuring we make you a fair offer that reflects its true market value.

If you’re not happy with the offer despite this, don’t worry – you’re under no obligation to proceed, and there’ll be no costs if you decide to cancel at this stage.

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

No, you won’t need to pay for any valuations or offers. We want to make the process as smooth as possible for you, so we're happy to cover these costs.

Is there a cost if I decide to cancel?

There's only a cost if you cancel after your Home Exchange reservation is approved and we’ve completed a Homebuyer’s Report, as we’ll have already incurred costs at that point.

Don't worry, though – we cover the costs of valuations and offers, so if you decide to cancel before we reach that stage, you won’t be charged.

How long will it take to part exchange my house or apartment?

The timescales for part exchange houses usually match the completion of your new home. However, if needed, we can sometimes complete a purchase a bit sooner to suit your needs.

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

Yes, you'll be able to stay in your current home until your new one is ready. When the time comes, you'll simply hand over the keys to your old home and collect the keys to your new one.

What happens to my old home after the exchange?

Once you’ve settled into your new home, we’ll take care of selling your old one. We’ll handle all the details with local estate agents, so you can focus on enjoying your dream new home.

More ways we can help you move

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Smooth Move

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Introduce a friend

Introduce your friends to Linden Homes and if they buy from us, we’ll give you £2000* to say thank you.

How does it work

Deposit Unlock

Deposit Unlock means that whether you're looking to make your first or next move, a dream Linden Home could be yours with just a 5% deposit.

How does it work

Smooth Move

Have a home to sell? We could help sell it for you, so you can buy one of ours with Smooth Move! We could even save you time and money.

How does it work

Introduce a friend

Introduce your friends to Linden Homes and if they buy from us, we’ll give you £2000* to say thank you.

How does it work

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.