Secure your dream home with a stress-free sale
Planning on buying a new home? From sifting through the paperwork to organising the logistics of the move, selling your current property isn’t always easy. That’s where schemes such as Part Exchange come in.
We could purchase your existing property as a guaranteed buyer, helping you move one step closer towards your dream home sooner than you think.
Part Exchange takes the hassle out of the sale. We’ll buy your existing home so you can put money towards a new property at any of our developments, including our homes across London, Hertfordshire and Cambridgeshire.
Here’s how it works in four simple steps.
1. Find out your eligibility
If you’re interested in selling your home and want to find out if your property qualifies for Part Exchange, get in touch and we’ll talk you through your next steps and options. The best part? It’s completely free, and you won’t need to pay any agents fees, which can often cost over 1% of the value of your home.
2. Independent valuation
If your home qualifies, you can place a provisional reservation on your dream Durkan Home. We’ll then arrange for two or three local estate agents to value your existing property. We’ll also help to ensure you get a guaranteed market value sale price on your home.
3. Making an offer
We’ll then make you an offer based on the independent evaluations. If you’re happy, you can rest assured that you’ve secured a guaranteed buyer without having to worry about the bottom of the chain falling out. This also makes the sale process much smoother, quicker and easier.
4. Securing the sale
Now you’re well on your way to securing the keys to your brand new home. While the final stages of the sale process are set in motion, you can stay in your current property until your new Durkan Home is ready. You can sit back, relax, and won’t have to worry about agreeing completion dates with the difficulties of a long chain.
Moving home can be complex, but it doesn’t have to be. We’re here to help make things simple and stress-free.
To find out more, please contact the development of your choice using the details online here.
Things to note
This service is subject to the following conditions:
The Service is only available on selected Durkan homes at Durkan’s discretion. Durkan has the right to refuse your application for the Service at any point prior to your reservation of the Durkan Home if we learn of any reason that your Existing Property is not suitable for the Service. A Part Exchange reservation of the Durkan Home will only be considered by Durkan if we believe that the sale of your Existing Property can be easily managed from a Durkan regional office (of which Durkan shall be the sole judge). The Service cannot be used with any other incentives or purchase services unless specifically agreed by Durkan in writing at the time of reservation.
All fitted carpets/flooring, all integrated appliances such as oven, hob, fridge freezer, dishwasher, and hood, all fitted gas/electric fires, all fitted wardrobes, cupboards, shelves, towel rails and toilet roll holders, all fixed curtain rails and curtains/blinds, all wall and ceiling lights, and all garden sheds and greenhouses are included unless by prior agreement with Durkan. Please note that this is considered in forming our valuation and our Offer to you.
Please arrange for the following: A current valid copy of the service record for the central heating system which will be required by our solicitors. If no service has been carried out, we will request that this is done before exchange of contracts. A satisfactory/passed electrical and gas safety certificate for your Existing Property before exchange of contracts. If the Existing Property has a solid fuel fire you will need to provide a valid HETAS certificate before exchange of contracts.
If you decide to accept our offer, we will immediately instruct an independent surveyor to carry out a survey. Once received, we will review the survey and you may be asked via your solicitors to supply information pertinent to specific items raised in the survey.
If your existing property has any external cladding (full or partial including balconies) and is over 18m in height (usually 6 storeys high) we will require a copy of EWS1 form. If there is not valid EWS1 certificate currently in place, a qualified professional would be required to conduct a fire-risk appraisal of the external wall system, and/or cladding. Please note that an acceptable rating for the EWS1 certificate would be A1, A2 or B1. In this situation, you should instruct your solicitor as soon as possible to ensure that they are able to obtain the required documentation in terms of the contracts.
We will instruct one or two estate agents to market your existing property, which will include the right to erect a ‘For Sale’ board. We also require reasonable access to your existing property for viewing by prospective purchasers. A spare key must be left with the estate agents to enable accompanied viewings to be accommodated in your absence.
The selected estate agent(s) will be instructed to market your existing property at an asking price that will facilitate a sale within a reasonable period. If you require details on which estate agents have been instructed, then please ask your sales consultant.
Our solicitors will raise enquiries to your solicitors about the existing property in the standard nature in which your solicitor would carry out the same on the new Durkan Home you are purchasing. Therefore, to ensure exchange of contracts can take place by the deadline as noted on your Reservation Agreement we would ask that you assist your solicitor in responding to these enquiries where required as soon as possible.
We insist that all matters relating to your sale and purchase be treated as strictly confidential. Please do not discuss our interest in your Existing Property to prospective viewers. Refer any queries to the estate agent appointed. Once you have vacated your Existing Property on the agreed date, we or the estate agent will carry out a final inspection. We will retain £500 at settlement which we will return to you once we have verified that: The gas and electricity supplies are not disconnected. Please ensure the heating is left on at a low setting of 15 degrees. You are responsible for payment of these services until your legal completion date unless we request otherwise. All service meters are read, and final meter readings given to your suppliers with our forwarding address for future bills. You should also advise our Sales Team of final meter readings at your Existing Property when returning your Existing Property’s keys to our appointed selling agent on the day of legal completion. Three full sets of keys to your Existing Property, including the garage and any window keys (where applicable) to be provided to our appointed selling agent at legal completion. We must insist that you do not retain any keys for your Existing Property after the agreed date to vacate. All council tax and hire purchase agreements pertaining to your Existing Property must be settled in full prior to the date of your departure. The Existing Property, including garage where applicable, and garden to be left in a presentable condition, which covers cleanliness including kitchen appliances. You will be required to make good any holes where items have been removed, and where it has been granted that you can remove light fittings or switches, these must be replaced. Any DIY work commenced, must be completed prior to you leaving the Existing Property. The Existing Property, including the loft, garage, and garden, where applicable must be left clear of all personal possessions and refuse at legal completion. Arrangements must be made prior to legal completion for the uplift of any unwanted goods and collection of refuse using the correct bins so they are emptied by the council upon your departure. Provide any codes and written instructions for alarms that are active. Please leave these in the Existing Property. Ensure that the telephone service is disconnected on the morning of your departure and such accounts forwarded to your new address.
You must be the sole or joint owner of your Existing Property.