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Part Exchanges on New Houses - Do Builders Negotiate on Percentages

2 replies

JoJoMummy321 · 09/08/2011 11:57

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

OP posts:
Gonzo33 · 09/08/2011 12:13

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

JoJoMummy321 · 10/08/2011 13:52

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

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