Have you considered part-exchanging your property in the South Wales Area ?
In this very difficult property market, part-exchange is a good alternative to finding you a prospective buyer for your property.
Take Me To Available Properties For part Exchange in South Wales
What does part –exchanges involve and is it an easy process?
Firstly you may be looking to move up market to a larger property or you may be looking to downsize to a smaller home. It then makes part-exchange a viable proposition.
For example if Mr. A. has a property on the market for £200,000 and Mr. B. is looking to move to a larger property and their property is on the market for £150,000 then if the two properties suit each other’s requirements a sale will be then completed. In this instant a deficit of £50,000 would be payable.
The properties are both on the market and a quicker sale will be achieved as there is no chain involved just a straight swap. Stamp duty is payable on both transactions.
Stamp Duty
There is no stamp duty to pay on properties up to £175,000.
£175,000 - £250,000 1 % payable
£250,000 - £500,000 3% payable
£500,000 + 4% payable
Our selling fee would still be charged at a reduced rate if part-exchange takes place.
If you would like to consider this option, if you are on the market with our company or an alternative agent call us now to discuss your potential requirement.
It is a quick alternative as there is no chain involved and the legal completion can be completed more quickly by the parties involved.
Take Me To Available Properties For part Exchange in South Wales
