Property Swap
Are you looking to move to a smaller property or release some
of the capital from your property? Then you need Farrell Heyworth
Property Swap.
Farrell Heyworth Property Swap is the creation of simple
chains to sell your house quicker. Farrell Heyworth Property Swap
allows you to sell your house by using it as part-payment for a new
property, with the remainder of the value of the house paid to you
as a lump sum.
Farrell Heyworth are experts at property swap because we handle
thousands of property sales at any one time. We use our extensive
network and joined-up database to match the right people to the
right property to create simple self-contained chains.
There are two types of property swap:
- the one-for-one Swap, where just two vendors are interested in
each other's property.
- the chain swap, shown in the image below, is more usual. A
chain a swap occurs where the vendor at the top of the chain
purchases property from the vendor at the bottom of a chain. This
allows the vendor at the bottom of the chain to purchase their
desired property, and so on, until your property is also sold. This
also releases the spare equity in your property.
Try-before-you-buy is an option some of our Property Swap
vendors like to take. This occurs when you and the other vendors in
the chain agree to live in your property of interest for a weekend,
and everyone swaps around at the same time. This allows you to
assess if the house is really for you before you make an
offer.
Farrell Heyworth Property Swap and Try-before-you-buy are simple
ideas that enable your dream move. For further details, or to
join our Property Swap programme, contact your local Farrell
Heyworth branch.