Part Exchange Terms and Conditions

  1. Part exchange deals are only available on selected plots and developments.
  2. Part exchange will only be available where the existing home being traded in is valued at no more than 70% of the selling price of the new Bellway home being purchased.
  3. The existing home must be in a good state of repair
  4. Leasehold properties should have at least 65 years unexpired term.
  5. Bellway Homes will appoint two independent estate agents to undertake valuations of your existing home and base our offer on the average of the two valuations. Should these two valuations vary by more than 10% then a third valuation will be sought and the two nearest figures will be used to arrive at a market valuation for your existing home.
  6. Bellway Homes will not reimburse any costs you have incurred (e.g. HIP, estate agents or legal fees) prior to you entering into a part-exchange arrangement.
  7. Any offer made under the Bellway part exchange scheme may be subject to  further enquiries or reports
  8. Bellway Homes reserve the right at its absolute discretion to refuse to consider or to accept any property as a part exchange without giving a reason; all valuations and decisions are final.
  9. If you are accepted on to the Bellway Homes part exchange scheme we will instruct solicitors and will immediately commence with marketing your existing home. You must agree to allow us, while still living in your existing home, [a] to commence marketing your existing home. [b] To allow reasonable access to your existing home to facilitate a re-sale. [c] Display a ‘for sale’ sign at your existing home.
  10. On legal completion of the part exchange of your existing home for your new  Bellway home you will be required to pay Bellway Homes £500 in addition to the balance purchase price of your new Bellway home  which will be refunded to you providing your existing home is left in an acceptable condition and you submit accurate meter readings to utility companies.