Home Exchange - An Alternative Way To Move Home
Living Property: Move Home Faster with ‘Home Exchange’
Looking to move home? Living Property offers a unique solution with home exchange, a strategy that simplifies the buying and selling process.
Traditionally, property developers have used part-exchange to help buyers purchase new homes by buying their existing properties. This method is especially popular during slower market conditions, helping developers move new-build stock. But this concept can also be adapted for the resale market as home exchange.
How Does Home Exchange Work?
In a successful home exchange, both homeowners must find each other's properties suitable in terms of price, location, and accommodation. At Living Property, we make this process simple:
- We mark homes as ‘Exchange Considered.’
- We match sellers based on their specific buying and selling criteria.
Think of it as property matchmaking—like dating, but for homes!
Breaking Sales Chains with Home Exchange
Home exchange can also resolve issues with broken sales chains through ‘chain-breaking.’ This occurs when the seller at the top of the chain purchases the property at the bottom, ensuring the transaction progresses smoothly.
Is Home Exchange Right for You?
While home exchange may not suit every seller, it can be a lifeline for those needing to move quickly or downsize.
If you’d like to learn more about how home exchange could work for you, contact Martin Cunningham, Director at Living Property Sales & Auctions:
01502 558538 EXT 203
[email protected]
Normal sales fee applies and if you are already on the market with an estate agent then you should consider the terms of that agency agreement before marking contact with Living Property to avoid paying two sales commissions.