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Mutual Exchange Application Form London Borough of Havering 2016-2025

United Kingdom Mutual Exchange Property 2016-2025 Form

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Video instructions and help with filling out and completing Mutual Exchange Application Form London Borough Of Havering

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Instructions and help about application mutual exchange housing team

we often get asked what is the part exchange process and what does it mean well this is generally used by people buying property that's newly built developers will sell a new flat for example and as well as taking a chunk of cash for the property they'll also take in the property that the buyer is currently living in and it cuts out all problems for them such as chain issues or the potential for the property to fall through however i think it's worth making aware that you generally don't get the full market value for your property if you part exchange it it will be something around 85 to 90 percent normally that the developer is willing to pay and that way of course they keep a little bit of a margin in there for themselves as profit and also can help to cover all the costs and so on when they then subsequently sell your property

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