Spicerhaart Part Exchange wins contract with ‘custom-build’ developer NU living

Michael Lloyd

June 27, 2018

Spicerhaart Part Exchange & Assisted Move has won a contract with house builder NU living, known for its new build development.

NU living’s latest development is Beechwood – a development of 251 customisable new homes in Basildon –  and Spicerhaart Part Exchange & Assisted Move has been brought in to offer part-exchange deals to buyers.

Mark Welberry, business development manager at Spicehaart, said: “Beechwood is a real innovation in new build design; there really is nothing else like it in the region at the moment. Lots of new build developments tend to focus on starter homes, but Beechwood is building family homes, which are in much shorter supply.

“Plus, the development is located in Basildon, which was crowned ‘Best Commuter Town’ in 2015 and is easily one of Essex’s most dynamic towns, so it is understandably causing quite a stir, with many units already sold.

“There are currently three show homes in a variety of shapes, sizes and designs for potential buyers to see. If they want to go ahead, they pick a plot and choose how they want their new home to look and feel.

“If they have a home to sell, which most do, NU living wants to be able to agree a deal without having to worry about the stress of getting a chain in line to complete the sale.

“Our funded part-exchange service provides buyers to purchase NU living’s customers’ existing properties.

“ We work with a number of specialist, cash rich buyers, ensuring that we are always able to offer guaranteed buyers to facilitate the purchase of any property, at any value, anywhere in the country.”

“We will also be offering NU living our assisted move service, where we use our extensive estate agency network to sell the homes of potential buyers who do not meet the criteria for part exchange.”

Beechwood is a unique development which offers NU living’s ‘u-plan’ custom build service. Buyers can choose the design of their new home, from the size (two, three or four bedrooms), shape and layout and external features to the worktops in the kitchen. Each plot has parking spaces for two vehicles and private gardens.

Due to the size of the homes, they are more suited to second and third steppers rather than those making their first step onto the property ladder, so most buyers have a home to sell.

But, due to the fact that each home is unit is custom built, once a sale has been agreed it takes up to six months for the property to be ready to move into, making it difficult to navigate chains.

Andrew Brader, head of sales and marketing at NU living said: “We’re seeing a lot of interest from home owners in the existing estate surrounding Beechwood so the part exchange or assisted move schemes provide a fuss-free way for this group to move out of their existing home and upgrade to bespoke new one.

“Given the custom build nature of the development, it is really important that we are able to manage the timescales to ensure good cashflow.

“That is much more difficult when there is a chain, because there is always the risk that someone down the line pulls out.

“Spicerhaart Part Exchange and Assisted Move can guarantee sales and fast turnaround times, and that is exactly what we need, so we are really pleased to be working with them on this project.”

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