Part Exchange Scheme Terms and Conditions
• The Part Exchange Scheme is only available on selected developments and homes.
• Your existing home must be located in England or Wales and its value must be no more than 70% of the new Harron homes value, with a maximum purchase price of £300,000.
• Not all properties can be considered for Part Exchange due to their method of construction or other characteristics. Flying freeholds, leaseholds, non-standard forms of construction and listed buildings may not be suitable, for example, and you should ask for clarification from our site sales teams.
• Following your completion of the Home Mover Application Form, Harron Homes will commission three independent estate agents to provide open market valuations on your existing property. The valuations will be based upon an achievable selling price in the current market, and not a recommended asking price.
• The estate agents will submit their valuations directly to Harron Homes for consideration and an offer to purchase the property in part exchange may or may not be made. Harron Homes is under no obligation to make an offer to purchase your property and will not be liable for any costs incurred by you during this initial appraisal period.
• Part Exchange offers are valid for 48 hours after which time the offer will be withdrawn.
• Once an agreement has been reached you will complete your reservation on your new Harron home. Harron Homes will become your cash buyer and will be the end of your chain.
• You will instruct your solicitor within 48 hours of your reservation and exchange contracts within 42 days as per the reservation agreement.
• All offers are subject to an inspection carried out by a member of the Harron Homes ‘Home Mover Team’.
• You will terminate any existing estate agency agreements, settle any outstanding invoices, if appropriate, and not instruct any other estate agent during the period of the Home Mover agreement without the express agreement of Harron Homes.
• Harron Homes will not be responsible for fees arising from agreements or contracts with estate agents or any other parties entered into prior to the Part Exchange Scheme or entered into at any time without our express consent. Neither will Harron Homes be responsible for fees arising from any dual liability in respect of previous or current agreements with estate agents.
• You must advise Harron Homes of any offers or interest you have received for your property prior to entering into the Part Exchange Scheme or during the period of the Scheme.
• Harron Homes will instruct estate agents to advertise your property immediately and will not wait until you have moved out to commence marketing.
• Harron Homes will choose which estate agent/s will be instructed to market your property and will provide those instructions directly. The terms of those instructions will be solely at Harron Homes’ discretion.
• Harron Homes will advertise the property at a price we deem to be appropriate to achieving a sale on the property and may reduce the asking price or accept an offer at any time during the process without consultation and solely at our discretion.
• You agree to allow reasonable access to your property for viewings and survey purposes and to co-operate fully with the estate agents in their endeavours to market and sell your property, including approving their sales particulars for accuracy and allowing them to erect a ‘For Sale’ sign at your property.
• You will maintain the property and gardens of your existing home in a good condition until you vacate the property and transfer its ownership to Harron Homes.
• Harron Homes’ purchase of your property is subject to contract and to the receipt of a satisfactory RICS Level 2 survey and valuation. If the report highlights any defects then Harron Homes reserves the right to request that these be rectified at the homeowner’s expense prior to our purchase of the property. In such circumstances we will share the appropriate comments within the survey report. If the defects cannot be rectified prior to our purchase of the property, Harron Homes reserve the right to amend the Part Exchange deal prior to exchange of contracts to reflect the additional cost to Harron Homes in rectifying the defects after completion of the purchase.
• Harron Homes’ purchase of your property is also subject to receipt of satisfactory property search results. If further property searches are required, in addition to the usual Local Search, Drainage and Water Search, Coal Search (where applicable) and Environmental Search, Harron Homes reserve the right to amend the Part Exchange deal prior to exchange of contracts to reflect the additional cost to Harron Homes in obtaining such further searches.
• Solicitors will ask that you complete the Sellers Property Information Form (“SPIF”), Sellers Leasehold Information Form (“SLIF”) and Fittings and Contents Form (“FIF”). As Harron Homes has no first-hand knowledge of your existing property Harron Homes will have to use the SPIF, SLIF and FIF completed by you prior to our purchase of your property 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.
• You agree to provide satisfactory EICR (electrical), CP12 (gas) and HETAS (solid fuel) certificates, as appropriate. If any electrical, gas or solid fuel defects are identified then Harron Homes reserves the right to request that these be rectified at the homeowner’s expense to enable satisfactory certificates to be provided prior to the purchase of the property. If the defects cannot be rectified prior to our purchase of the property, Harron Homes reserves the right to amend the Part Exchange deal prior to exchange of contracts to reflect the additional cost to Harron Homes in obtaining satisfactory certificates after completion of the purchase.
• Certain items within your property are considered to be fixtures and fittings and they are included in our offer. Such items include (but are not limited to) floor coverings, fitted and built in integrated appliances, freestanding cookers, curtain poles or rails, fitted blinds, curtains, light fittings, shelves, and fitted wardrobes. If you wish to remove any of these items you must make it known to our Home Mover team, and you may need to replace the items removed and/or reinstate walls, ceilings or floors to an acceptable standard, including the filling of any holes and repainting. Plants, shed, water features and other garden items are also deemed fixtures and fittings and must remain unless otherwise agreed in writing.
• If you remove any light fittings from your property, these should be replaced by suitable ceiling rose and pendant or wall light cover which have been properly installed. In no circumstances should any wires remain exposed.
• Upon completion of your sale to Harron Homes you agree to take and submit final meter readings to your utility providers and settle all bills accordingly.
• Prepayment meters must be replaced with standard credit or smart meters prior to completion.
• Upon vacation of the property, utilities must remain switched on and any boiler left on a low setting.
• Harron Homes will retain £500 (“Retention Monies”) from the purchase price agreed for your property until we have carried out an inspection of your old property and confirmed that it has been left in a clean and tidy condition, with all items left or removed as agreed and documented on the fixtures, fittings and contents list. This includes the loft, gardens and outbuildings. We reserve the right to utilise the Retention Monies to rectify any issues, with the balance returned to your legal representative. If the costs of rectification exceed £500 then you will be responsible for the extra monies without limit. The released Retention Monies will be sent to your legal representative within 28 days of completion.
• Full vacant possession of your existing home will be required upon legal completion and title will pass to Harron Homes.
• Upon completion you will provide all keys to the property with a minimum of two keys to all lockable doors within the property, garage, sheds and other outbuildings, keys to lockable windows, and alarm codes or keys and instructions to Harron Homes or our agents. You will be notified prior to legal completion where these keys and information are to be left. Missing keys may result in a locksmith being called upon and paid from the Retention Monies.
• If for any reason you do not complete your reservation or progress to completion of your purchase of your new Harron home, then you will be responsible for the estate agents’ fees as documented in their terms and conditions. This will include a full sales fee if you exchange contracts on the sale of your property to a party they have introduced.
• Harron Homes reserves the right to withdraw from our purchase of your property at any time without penalty.
• The Part Exchange Scheme is available on selected plots and cannot be used in conjunction with any other offer.
• By signing the Part Exchange Addendum you are confirming you have read and understood these Terms and Conditions and have had the opportunity to ask questions.
These Terms and Conditions do not affect your statutory rights.