Colin
Member
Registered: 4th Apr 02
User status: Offline
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Anyone ever done this?
Was it a good experience? Or did you just get ripped off? 
Following my post on making a drive way we've decided it might be easier & bette all round to move.
Seen these px deals & just wondered whats what!!
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MarkM
Member
Registered: 11th Apr 01
Location: Liverpool
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Don't they normally give you less than your property is worth or charge you over the odds for the house your buying?
Must be a catch.
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Toby
Premium Member
Registered: 29th Nov 05
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quote:
Originally posted by Colin
Anyone ever done this?
Was it a good experience? Or did you just get ripped off?
Following my post on making a drive way we've decided it might be easier & bette all round to move.
Seen these px deals & just wondered whats what!!
I was on the other end and made a killing.
Our house we have just purchased was up for £155k. they part ex'd with builder for £140k and we got the builder down to £125k. The people that sold moved in three years ago and according to rightmove website they paid £165 three years ago.
I was led to believe that what they knocked off the house for occupants they knoecked off the price of the new build.
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
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You usually get the PX price on yours on the basis that you pay the full asking price on the new build.
They should get some marketing appraisals on the property from some local agents. They will then come back to you with a buy-in price. You can neg this with the builder, Personally i'd get some up to date vals anyway to make sure you aren't getting ripped off.
Then the builder buys it in and pays all the marketing costs etc, which is pretty good nowadays. No HIP cost, stress of viewings, sale falling through etc.
If the figures stack up then go for it.
Corsa 2.0 16v Vegas - Sold
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Fad
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Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
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My mum and dad did this 10 years ago was hassle free and it allowed us to exchange relitively quickly.
They will offer you a little less than you wnt but thats to be expected for the cinvinience.
No chain no pain IMO
[Edited on 03-05-2009 by Fad]
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Cheers guys, just thinking through what options we have just now.
Im thinking i'll stick our current place up 1st & see what happens before looking into px deals any further.
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