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Part Exchanges on New Houses - Do Builders Negotiate on Percentages

(3 Posts)
JoJoMummy321 Tue 09-Aug-11 11:57:32

Hi All,

I read that if you part exchange your house for a new build, your existing home can only be worth a max of 70% of the new home's value. Do you know if builders ever negotiate on this? We fancy a new build but can't afford to spend 30% more on our next house if this makes sense.


Gonzo33 Tue 09-Aug-11 12:13:47

I have been looking into this recently, and have found some builders offer 75%, but that is the maximum that I have seen.

JoJoMummy321 Wed 10-Aug-11 13:52:40

Thanks Gonzo. At least it sound like maybe there is some room for negotiation then perhaps. Will wait and see!

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