Part Exchange Your Home | What is it & How Does it Work? | Bloor Homes

What is a Part Exchange Scheme When Buying a New Build?

A part exchange scheme allows you to sell your current home directly to the housebuilder when purchasing a new build.

With Bloor Homes, you avoid listing with an estate agent, paying fees, or waiting for offers. We act as your buyer so you can move when your new home is ready.

This is ideal for anyone looking to move up the property ladder with confidence and avoid lengthy sales chains.

How Does the Bloor Homes Part Exchange Process Work?

Put simply, we buy your current home so you can buy a new one. This removes the usual complications and helps you get into your new homes quicker.

Step-by-step guide:

1. Find your new Bloor home
Visit one of our participating developments and speak with our friendly sales team about your eligibility.

2. Receive independent valuations
We’ll arrange at least two local estate agents to provide fair, independent valuations of your existing property.

3. Get your offer
We’ll use these valuations to make you a formal offer, usually within 48 hours.

4. Reserve your new home
Once you accept our offer, pay a £750 reservation fee to secure your chosen plot.

5. Move in when you’re ready
Your solicitor and our team will coordinate a smooth, chain-free completion so you can move straight into your new Bloor home.

Who Can Use the Part Exchange Scheme?

To qualify for Part Exchange, your current home must:

• Be worth no more than 70% of the value of your new Bloor home
• Be in good overall condition (inside and out)

We can also consider homes originally purchased through Help to Buy for Part Exchange. Please speak to your local sales advisor for details.
If you’re downsizing, our Assisted Move scheme may be a better fit, our team can guide you through both options and discuss which is best for you.

Is Part Exchange Right for Me?

If you’re looking to move quickly, avoid uncertainty, or upgrade to a higher-value home, Part Exchange could be the best option. It’s especially useful if:

• You’ve had trouble selling your current home
• You’re relocating for work or family reasons
• You want a straightforward move without chain risks

Our sales team can help you assess whether you’re eligible and guide you through your next steps.

Adam and Danielle used our Part Exchange scheme to move from their old house into a brand-new Bloor home without delays or complications. They loved the simplicity of having a guaranteed buyer and being able to focus on their exciting move, not the sale process.

Can I Part Exchange my house?

To be eligible to use Part Exchange on one of our new homes, your existing house will need to meet some of our Purchasing Criteria. You will be asked to fill in a short questionnaire to help understand if your property is eligible.

Your existing property shouldn’t be worth more than 70% of the price of the new Bloor home you would like to buy and will need to be kept in a good condition both inside and outside.

I used Help to Buy to purchase my existing home, can I use Part Exchange?

We can discuss Part Exchange if your house has been purchased under the Government’s Help to Buy scheme. We would require further details of the outstanding Help to Buy loan, and ensure the property fits our Purchasing Criteria.

Where Is the Bloor Homes Part Exchange Scheme Available?

Our Part Exchange service is offered on selected plots across our developments.

Find your nearest development here

How long does the process take?

Most customers receive an offer within 48 hours of valuation and can move once their new home is ready.

Can I Part Exchange if I’m looking to downsize?

Part Exchange can only be used for those looking to upsize, as your existing property cannot be worth more than 70% of the price of your chosen new Bloor home. We can still help you by introducing you to our Assisted Move scheme, helping you sell your larger home within a 4 week period and covering the costs of estate agents’ fees*.

Locations

Developments

Real Story: Adam and Danielle’s Seamless Move

Frequently Asked Questions