Home Exchange from Bovis Homes is a part-exchange home scheme where we buy your current property. Moving house is stressful enough already, so we aim to alleviate some of that stress. With our part exchange houses scheme, you can have peace of mind knowing that we are your guaranteed buyer.
As part of your chain-free move without the estate agents’ fees, you’ll move into your new build home as soon as it is ready.
Choose the new Bovis Home you'd like to buy and then find out if you can use your existing home with Home Exchange.
To establish the price that we are prepared to pay for your existing home, we will arrange for two or more local estate agents to value your current property.
Provided that your existing home meets the requirements for Home Exchange, we will make you a realistic offer based on current market values.
When we buy your home from you, you're free to make the move into your brand new Bovis Home as soon as it's ready. We will help guide you through the buying process, ensuring that your move to your new Bovis home is as effortless as possible.
If you’re a homeowner looking for the perfect new build near you, you may be wondering whether a part exchange could work for you.
Here’s why Home Exchange could be the answer:
Selling price of
your property
This is what you could save on agent's fees with Home Exchange
Calculated based on typical estate agent’s fees of 1.5% plus VAT.
What homes will you consider for part exchange?
We will consider most types of property anywhere in England or Wales, as long as they are mortgageable and sellable.
How much does Home Exchange cost?
We will not charge for valuations or offers.
How long does Home Exchange take?
Timescales for part exchange houses usually coincide with the completion of your new home. However, we can sometimes complete a purchase sooner if required.
Does it matter how much my home is worth?
To Part Exchange your home, your current property must be valued at no more than 75% of the new home you wish to purchase.
With Deposit Unlock you could purchase a new Bovis Home up to the value of £750,000 with just a 5% deposit!
Smooth Move is our scheme for all existing property owners to save time and money. We deal with the estate agents to sell your home and even pay the estate agents’ fees!
Know someone who’d love a new Bovis Home? Introduce a friend and we’ll give you £500* when they buy from us.
With Deposit Unlock you could purchase a new Bovis Home up to the value of £750,000 with just a 5% deposit!
Smooth Move is our scheme for all existing property owners to save time and money. We deal with the estate agents to sell your home and even pay the estate agents’ fees!
Know someone who’d love a new Bovis Home? Introduce a friend and we’ll give you £500* when they buy from us.
Home Exchange is available on our selected new build homes only, subject to contract and eligibility criteria. We reserve the right to refuse to agree to Home Exchange of your current home and we are under no obligation to give reasons why. Home Exchange is also subject to the terms of your Reservation Agreement with us. As a guide, your current home to be exchanged with the new home must not be worth more than 75% of the value of your chosen new home. To take advantage of this offer you must claim before reserving a property from us and before any other 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 current home. Before we make you an offer for your current home, we will instruct a minimum of two local estate agents to undertake an independent valuation based on securing a buyer within a specified selling period determined by us at the relevant time. Our consultants may also visit your current home. We will then determine our offer (at our sole discretion) which will be subject to:
You being financially qualified by an independent mortgage advisor nominated by us to proceed with the intended purchase of your chosen new home
Us receiving a satisfactory home buyers survey of and legal due diligence on your current home
You legally exchanging contracts to purchase your chosen new home from us within the period specified in the Reservation Agreement
On accepting our price for your current home, you will need to pay a reservation fee and complete a Reservation Agreement to reserve your new home from us. You will also need to complete a Home Exchange form in relation to your current home. On reservation of your chosen new home, we will organise a home buyers survey of your current home and our appointed estate agents will market your current home. You are responsible for any previous arrangements with your own estate agents appointed by you. Reservation fees may not be refunded if cancellation by you occurs once the home buyers survey has been instructed or if you do not exchange within the agreed reservation period. You may need to leave a full set of keys and agree access to your current home for accompanied viewings for potential buyers with the appointed estate agents. You agree to ensure your current home is kept clean and tidy during this period and in a presentable condition to facilitate viewings to potential purchasers. You can stay in your current home until your new home is ready and a notice to legally complete is issued by us specifying the legal completion date. The dates for exchange and completion of your purchase of the new home from us must be the same as those on selling your current home to us. This offer is not to be used in conjunction with any other offer, discount, promotion or scheme. Not applicable to second homeowners or investor purchasers. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Subject to individual lender terms and conditions. Our usual reservation and sales terms and conditions also apply. Please speak to one of our sales consultants for more details.
References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.
