Talk

Advanced search

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.

TIA

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!

Join the discussion

Join the discussion

Registering is free, easy, and means you can join in the discussion, get discounts, win prizes and lots more.

Register now