Part Exchange: A Win-Win Option
If you want to increase your park home sales, but are finding it difficult to secure buyers, part exchange could be the answer.
Quick Move Properties is the UK’s largest property part exchange company, allowing new home and park home providers to offer risk-free, hassle-free and guaranteed part exchange on their customers’ existing homes as an incentive for them to purchase onward.
“Usually, customers use our service if they need to sell a second home, an investment property or an inherited property in order to release capital to purchase their holiday home,” explains a spokesperson for Quick Move Properties. “Or, others are downsizing and use the equity released from their existing property to purchase a smaller property and a holiday home.
“We work with leisure parks, leisure home manufacturers and individual vendors. To date, over 5,000 properties have been purchased through Quick Move, with a total value of £725 million.”
Bill and Yvonne King were interested in using part exchange to avoid the vagaries of the housing market when selling their existing property, but didn’t think it could be as straightforward as it appeared. Bill comments: “I looked into part exchange and liked everything about it, particularly the speed at which a sale could be completed, even though at this stage I had no idea how high the service level would be.”
He adds: “I did my research, asked lots of questions and asked for an offer, I was aware that it would be below market value but I was pleasantly surprised. I worked out that although I may have achieved a bit more on the open market, when you then take out the £6,000 estate agency fees and the £1,000 solicitor fees that you don’t have to pay with Quick Move Properties’ part exchange, it suddenly became a relatively small price to pay for all the time, stress and risk we saved.”
Peace of mind from the certainty gained was the main benefit of part exchange for the Kings. They knew exactly how much money they were going to get and on exactly which date, with no worrying about the sale falling through.
Quick Move Properties
Parks team: +44 (0)1793 840907
Vendors team: +44 (0) 1793 840931