Part Exchange Terms and Conditions
1.1 Part Exchange is only available on selected plots and developments. Part exchange will only be available where the home being traded in is no more than 70% of the selling price of the plot being purchased.
1.2 Part Exchange is only available up to a maximum value of £250,000 for your old property.
1.3 Valuations for part exchange will be based upon the price which 2 independent valuers believe your home would be likely to achieve in the current market as opposed to an advertised sale price.
1.4 We will appoint two independent valuers to value your home on the basis of a sale within 8 to 10 weeks. If there is a discrepancy of more than 10% between the 2 valuations we will appoint a third valuation.
1.5 We are under no obligation to make an offer. If you have already incurred costs (e.g. estate agents or legal fees) at the time of negotiating a Part Exchange Harron Homes will not reimburse these costs.
1.6 An offer made by us under the part exchange scheme is subject to any necessary further enquiries or reports; including an inspection by the part exchange manager within the first week after reservation.
1.7 We reserve the right to market the property you are selling prior to your move into a new Harron Homes Home and you agree to allow reasonable access to the property to facilitate the resale (subject to agreed appointments) and to the erection of 2 “For Sale” signs at the property. You agree to cancel any existing agreements with estate agents and agree that you are responsible for any fees due to them.
1.8 You agree that no party is currently negotiating to purchase the property you are selling and that no introduction has already been made by any other party.
1.9 Harron Homes will purchase your existing home and take legal title to it prior to selling it on to a third party, to allow you to purchase a new Harron Home. If you withdraw from the transaction and Harron Homes has found a prospective buyer for your home, Harron Homes will not make an introduction between you and the prospective buyer. If an introduction has already been made by Harron Homes or their agent you will be liable to pay a fee of £1,000 plus VAT to Harron Homes to reimburse costs incurred and Harron Homes will have no further involvement in facilitating the sale.
1.10 On completion of a home purchase by us under the part exchange scheme we will retain a £500 retention bond which will be refunded to you provided your old property is left in an acceptable condition and you submit accurate meter readings to utility companies.
1.11 You will leave in place all curtains, carpets, blinds, light fittings and fixed curtain poles or replace with alternatives and making good any damage caused by alterations.
1.12 Solicitors will ask that you complete the Property Information Questionnaire and Form (PIQ/PIF). As Harron Homes has no first-hand knowledge of your existing home the company will have to use these same PIF/PIQ forms for presentation to a subsequent purchaser for your existing home. You confirm that you will complete these forms accurately and acknowledge that a future purchaser will rely upon on your answers and that legal action may be taken against you if you are found to have given false information.
1.13 We reserve the right to refuse a part exchange and we are under no obligation to give reasons why. All valuations and decisions are final.
Harron Homes General Terms & Conditions
Any promoted Harron Homes offer is subject to contract and status. Offers are on selected plots only and are subject to availability. The offers advertised cannot be used in conjunction with any other offer on the same plot unless expressly stated otherwise. Prices and details are correct at time of going to press. All images are typical of Harron Homes and are for illustrative purposes only. Please contact the development in which you are interested for further details.
Harron Homes reserve the right to withdraw or alter any of these offers at any time prior to the payment of a reservation fee. Contracts must be exchanged within 28 days of reservation of your property. Failure to do so may result in the loss of all or part of your reservation fee.
The current specific offers being advertised in relation to selected Harron Homes developments are also subject to the specific terms and conditions set out above (N.B. these offers may vary from time to time and you should refer to the development in which you are interested to discover which offers are available on specific plots and developments).
Harron Homes will not be liable for the refusal of a mortgage based on the borrower’s individual circumstances which leads to the loss of any reservation fee. Harron Homes will not be responsible for the failure of any deal due to any defects in your existing property which arise as a result of an inspection or survey, whether a part exchange deal has been agreed or not.
These terms and conditions do not affect your statutory rights.
Harron Homes registered address is Harron Homes, Colton House, Temple Point, Bullerthorpe Lane, Leeds, LS15 9JL
You are strongly advised to obtain financial advice from an Independent Mortgage Advisor (“IMA”) in respect of any mortgage product required. Harron Homes maintain a list of IMAs who we recommend as having extensive knowledge of our offers and products and the associated mortgage requirements, though you may seek such advice from your own IMA if preferred.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE