Skip to main content Skip to footer

What sort of price do developers offer for your old house in a part exchange scheme?

Asked on Oct 25 2010, General in Norwich | Report content

Answers (3)

Was this question useful? Yes 2 No 0

Sort by: Oldest | Recent | Highest rated

  • There is no hard and fast rule to this as every Developer works differently and different incentives on each site. But rest assured they wouldn’t do it unless it was profitable for them.

    Web reference:

    Answered on Oct 26 2010, Report content
  • The above answer is right it varies from builder to builder, but it will be below market value. Generally the decision will be profit driven and the hook is that your old house will be sold on by the builder at market value.

    Answered on Oct 26 2010, Report content
  • 25% difference is the best I have seen with part exchange on a new home. Read the wording in the link below. All developers will differ, but on the whole you need to upsize to a house worth at least 30% more than yours to qualify for the part exchange.

    Web reference:

    Answered on Oct 26 2010, Report content

Didn't find what you were looking for? Ask a question

More General in Norwich questions on AskMe

See more AskMe Q&A about General