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rodders470

Part Exchange & Buying A New Build

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Hi there

I was wondering if anyone has any experience of part exchange when buying a new build?

We're currently waiting for an offer from the developer for our house, which we think will be in the region of £120,000 - slightly less the market value. The house we're interested in is priced at £179,000.

What do you think would be a realistic starting offer? As it's part exhange are we even able to negotiate on the price?

We think buying at asking price would land us in negative equity.

This is the house:

http://www.rightmove.co.uk/property-for-sale/new-homes/property-34508339.html?premiumA=true

Any advise would be appreciated.

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They would probably want you to pay asking price, and negotiate on the price of your house.

When they offer low, and they will, just reply and offer the same % off their asking price. When they say no, say you want 'x' if you want me to pay your asking price.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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