Cut the cost of moving
House buyers can save money on moving if they opt for part exchange when buying a new home, advises Kings Hill New Homes, the forum of home builders currently developing at Kings Hill, near Maidstone.
When a seller agrees to part exchange on a new home, the house building company will request valuations from several different independent agents - local to the seller - and agree a price based on the suggested prices. This process is usually swift and can take days rather than weeks.
Once the offer has been accepted, the buyer can remain in their home until the new property is ready to move into. This removes a lot of the stress and anxiety that typically surrounds the whole process of moving house.
“The advantage of part exchange is the seller has a guaranteed cash buyer, isn’t dependent on a chain, cannot be gazumped and has no estate agents or surveyors fees to pay,” said Claire Keulemans from Hillreed Homes on behalf of Kings Hill New Homes, a marketing forum which includes Kings Hill developer Liberty Property Trust, Kent County Council and house builders developing on site at any one time – currently Bellway Homes, Crest Nicholson and Hillreed Homes.
“We will arrange, and pay for, surveyors and legal reports and, providing these are satisfactory, can then proceed to exchange of contracts within around four weeks. The seller can then relax and look forward to their new home, knowing than everything is in place.”
Kings Hill is a modern garden village where masterplanning developer Liberty Property Trust and Kent County Council are creating a vibrant community where people can have a live/work/play lifestyle.
It was recently endorsed by the Daily Telegraph, which named it as one of the best places in the country to raise a family, adding that homes at Kings Hill are highly sought after, a fact illustrated by the speed at which new houses sell.
To date Kings Hill has almost 2,750 new homes together with shops and cafes – including Waitrose and Costa Coffee, schools and extensive community, leisure and sports amenities. There are also over 200 businesses in the business park providing some 5,000 jobs.
Planning permission has just been granted for a further 635 much needed homes, a new primary school – the third at Kings Hill, an extension to the community centre, additional allotments, trim trails and sports pitches for Kings Hill Sports Park. Land will be gifted for the development of a place of worship.
Three brand new developments are currently underway at Kings Hill, all of which have show homes open to the public.
Bellway’s ‘Signature’ is a collection of seventy-six properties - two, three, four and five bedroom homes with prices currently ranging from £242,995 - £548,995; Crest Nicholson’s ‘Woodland Place’, has current availability of three-bedroom houses from £310,000 and four-bedroom houses from £450,000 and Hillreed’s ‘The Poppies’, a development of two, three, four and five bedroom homes - all of which are new designs to Hillreed’s portfolio with prices starting from £258,000.