Part exchange and chain repair

Have you found your dream new build home but feel stressed about selling your existing property? You could consider the Part Exchange route with Waterfords. Using this service can avoid stress and inconvenience, allowing you to focus solely on moving into your dream home.

If you are looking to buy a new home but need to sell your existing property, then being part of a chain is something you will need to contend with.

What is a chain?

A property chain is created when more than one buyer is involved in a transaction. For example, say you are buying a home from someone and they are moving to a new home that they are buying from another. This would be a chain. Chains are common in residential property transactions and they can be quite long. Can you imagine how many things might change over the course of the sales process and how those changes (perhaps nothing to do with you) could affect your move?

The longer the chain, the greater chance of problems that could affect the sale of your property – causing you stress, inconvenience, and worry. If you have found the ideal home and wish to secure it as soon as possible, then why not consider the Part Exchange option?

Waterfords Part Exchange Service

Waterfords Part Exchange Service is offered when purchasing a new build property. The developer would buy your property so you can move into your new build home as soon as it’s completed. It enables you to avoid selling your home on the open market. Your property will be purchased by our dedicated Part Exchange provider, taking away a lot of stress in the moving process.

What are the benefits of Part Exchange?

Having identified your new dream home, you have a much greater change of securing it by using our Part Exchange Service. There’s no need to worry about having to find a buyer for your current home as our dedicated provider is your buyer and ready to go!

Agreeing a sale on your property is only half the story where your moving journey is concerned. The conveyancing process can take a significant amount of time if there is a chain of properties. Using the Waterfords Part Exchange Service removes any unnecessary delays and problems, making the home buying process faster and less stressful for you.

What will Waterfords do?

We will provide you with an accurate, up-to-date market appraisal of your property, giving you an honest appraisal of your home’s value in today’s market. The appraisal is free and without obligation.

If you choose to part exchange your property rather than using the traditional selling route, we will forward our valuation to our Part Exchange Provider to consider an appropriate offer. If this offer is acceptable to you, a solicitor and surveyor will be instructed. The legal process with then proceed towards exchange of contracts, a completion date will be agreed, and you will move into your new home, feeling a lot less stressed!

Make an enquiry about part exchange for your property:
01252 235348



Waterfords Chain Repair Service

At Waterfords, we pride ourselves on taking the stress out of your moving journey. We are constantly thinking of innovative ways to make the moving process as easy as possible for our customers. That is why we are the number 3 estate agent for customer service in the UK on Trustpilot. Our chain repair service aims to fix issues that may arise in the sales process that are out of your control.

Our aim is that everything runs smoothly when you sell with Waterfords, but unfortunately some issues are out of our control within the chain. If you find yourself in a situation that is out of your control but you still need to sell quickly, the Waterfords Chain Repair Service is worth considering. It is an excellent ‘back up plan’ for when things don’t go the way you planned, allowing you to still progress in the chain and move into the property you wish to purchase.

What is chain repair?

Our chain repair service removes the dependency of third parties in your property transaction. Our dedicated provider will step in and purchase (subject to a renewed valuation) the property in question and shorten the chain. This can be done in anticipation of a stressful transaction or in response to a problem arising in the chain, such as your buyer pulling out of the sale near to exchange of contracts.

Our dedicated chain repair provider will provide a renewed valuation and make an offer on your property. If you find this offer acceptable then a sale date is agreed, and the transaction can continue to progress, repairing the chain and allowing you to continue on your moving journey without having to find another buyer on the open market.

Make an enquiry about chain repair for your property:
01252 235348