Questions about property swaps
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A selection of questions about part exchanging/swapping property |
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Why property swap or part exchange? Property swapping or part exchange can eliminate delays associated with collapsed chains and complete a chain in a difficult market. ------------------------------------------------------------------------------------ Can property swap or part exchange speed things up? Absolutely. Your chain will be complete. ------------------------------------------------------------------------------------ How do I value my home? We provide a valuation service Click here for a FREE valuation ------------------------------------------------------------------------------------ Do you recommend having my property on with an agent as well as swapproperty? Yes, we always recommend that your home is marketed in a traditional way with one of our member estate agents. They can accurately value your home, and load your details on to swapproperty. You then have the best of both worlds, High Street Agent AND swapproperty all for just one fee (agreed by yourself and the agent) ------------------------------------------------------------------------------------ What if they like my property, but I don't like theirs? This is where we can help. We maybe able to arrange a 'multi-swap', with perhaps four properties being part exchanged. Be Flexible, your part exchange is partly about compromise. ------------------------------------------------------------------------------------ Do I still pay stamp duty? Afraid so. Stamp duty has to be paid at the appropriate rate on the purchase of the property you are part exchanging with. It has to be paid on the TOTAL price and NOT just the difference in values ------------------------------------------------------------------------------------ Do I need a HIP? (Home Information Pack) PACKS HAVE NOW BEEN SUSPENDED If you are selling your property or part exchanging you no longer require a HIP in England/Wales. You will however still require an Energy Performance Certificate. Click here to order your Energy Performance Certificate Find out more about EPC's here ------------------------------------------------------------------------------------ Who arranges the Energy Performance Certificate? You can arrange it yourself via your solicitor or directly with a provider. We MUST have a copy of the pack before we market your home Click here to order your Energy Performance Certificate Find out more about EPC's here ------------------------------------------------------------------------------------ When and how do I pay swapproperty? Registration is just £10.00 For a successful part exchange arranged by swapproperty we charge a £500.00. COMPLETION FEE ONLY PAYABLE IF WE ARRANGE A SWAP, PART EXCHANGE OR SALE. We invoice your solicitor on exchange of contracts for payment on completion. ------------------------------------------------------------------------------------ Why do you charge anything when other swapping sites are free? Because we get stuck in. We are there to help. We organize your viewings, negotiate the swap figures, instruct solicitors on your behalf and see the sale through to the very end. We are on hand to help you move ------------------------------------------------------------------------------------ Does my property have to be of the same value to to the one I want to part exchange with? No you can go upmarket, down market or have a sideways move. Remember of course that if going upmarket you will have to provide additional funding, just like a normal purchase transaction. ----------------------------------------------------------------------------------- How do I prepare my property listing? Click here for options or Click here to request a valuation ----------------------------------------------------------------------------------- Are my contact details displayed on the web site? NO your details are retained by us for your security. We handle all inquiries for you ----------------------------------------------------------------------------------- So how are viewings arranged? When you find a property that you are interested in you either email or phone us. We then speak to the owners of the property you have expressed an interest in to see if they could be interested in yours. If they are WE make all the arrangements for both parties. Simple and secure ----------------------------------------------------------------------------------- I don't like negotiating, will you do it? That's what we are here for. Once you have found a property, and the owners want yours, our part exchange negotiator will sort everything out for both parties. They will put the whole thing in writing to everyone involved, including solicitors ----------------------------------------------------------------------------------- Can I have my property on the market with an estate agent as well as you? Yes you can, and we would encourage you to do so, but check the small print if you have a SOLE SELLING RIGHTS contract What are your terms and conditions? You can view our terms and conditions by CLICKING HERE You can instruct a swapproperty member estate agent in your area to market your home, your property will then be made available on the swapproperty web site. ----------------------------------------------------------------------------------- Council Exchanges We provide a simple listing service for your council or housing association exchange. Your property description, your requirements are listed on the site along with your contact details for potential exchangers to contact you directly. It's easy to list your council/housing association property. Please note we do not deal with the exchanging process, it is up to individual exchangers to contact their council or housing association to agree the terms of an exchange. ----------------------------------------------------------------------------------- Do you list non UK property? Yes we do. You can create your own listing. We charge a £10.00 listing fee and completion fee of £500.00 only if we arrange a swap/part exchange Add you non UK property here: CLICK HERE ----------------------------------------------------------------------------------- Join our FREE newsletter and get swaps directly to your inbox twice a week! You can opt out when you like. |
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Our latest Property Swap Estate Agent Members: Ashwells Estate Agents Andover Star Residential Sales Newport: Alexander & Payne Dereham, Range Homes Estate Agent Palmers Green,
Neil Robinson & Associates Marshalls Estate Agents Royston Cooper Beard Estate Agents Bedford Acorn Estate Agents Biggleswade Stonegate Estates Hitchin