Home Exchange – Drew Smith Homes

Make your move a lot more straightforward

Does the idea of moving just seem like too much trouble? Home Exchange is the simple way to make sure you don’t lose out on the brand new home you really want – and could save you time and money along the way.

Home Exchange in four easy steps

Choose the new Drew Smith Home you’d like to buy and then find out if you can use your existing home in part exchange.

We’ll arrange for at least two estate agents to value your property and agree a realistic selling price (based on current market values)

When we buy your home from you, you’re free to make the move into your brand new Drew Smith Home as soon as it’s ready

You could save time and money by cutting out delays from property chains and removing estate agent’s fees

Reasons to use Home Exchange

We could buy your property after valuations by local estate agents’ (see opposite for more details)
Don’t lose the house you want because you can’t find a buyer for yours
Avoid estate agent’s fees (e.g. for a £200,000 house you could save a typical 1.5% (plus VAT) fee of £3,600)
No getting caught up in long property chains
No last minute buyer ‘drop outs’
You won’t get involved in any price re-negotiations late in the day (which can even happen on the day of exchange!)

Selling price of your property

This is what you could save on agent's fees with Home Exchange

£100,000

£1,800

£200,000

£3,600

£300,000

£5,400

£400,000

£7,200

£500,000

£9,000

Avoid estate agent’s fees (e.g. for a £200,000 house you could save the typical 1.5% (plus VAT) fee of £3,600)

Offer on our selected new build homes only, subject to contract and status. Please contact our sales representatives for details of which homes are covered. Offer only applies if your existing home is worth 75% or less than the home you wish to purchase from us. Offer may require reservation and exchange to have taken place by particular dates, which may vary for different plots. Offer may be subject to review, change or withdrawal if these set periods expire. To take advantage of this offer you must claim before reserving a property from us and before any other offer or discount is applied. Offer may be withdrawn at any time prior to reservation. We may also require evidence of your financial ability to proceed with the purchase of a new home from us. You are not obliged to accept any offer we make for your existing home. Our offer price will be based on the valuations we receive. You are responsible for any previous arrangements with your own estate agents appointed by you. Our estate agent to market your existing home will be selected by us from our approved panel. Marketing your existing home is determined by our estate agents in their professional judgement and we will liaise with them. You must co-operate in relation to the valuation and marketing of your existing home. Our estate agents may require a spare set of keys to your existing property. Once you reserve a new home, your reservation fee may be at risk if you do not proceed with the purchase of a new home from us for any reason. The dates for exchange and completion of your purchase of the new build home from us must be the same as those on selling your existing home to us. Subject to individual lender terms and conditions. This offer is not to be used in conjunction with any other offer. Not applicable to second home owners or investor purchasers. Our usual reservations and sales terms and conditions also apply. Please speak to one of our sales consultants for more details.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.