McCarthy Stone, a developer and manager of retirement communities, has revealed that its Part Exchange scheme is one of the most popular ways for its customers to purchase a new home, offering a fast and stress-free solution for retirees.
While the property market is slow, McCarthy Stone’s Part Exchange scheme provides a way to simplify the process – allowing retirees to get on with moving and be sheltered from the worry and hassle of viewings, and the risk of property chains collapsing.
McCarthy Stone
The developer’s latest data reveals that nearly half (44%) of its homeowners have opted to use its Part Exchange scheme over the past three years. For those looking to downsize to a new home this winter, McCarthy Stone says it is possible for retirees to settle into a new retirement development within a matter of weeks, thanks to its Part Exchange scheme, which has been designed for total convenience and peace of mind. Enabling homeowners to move in a fraction of the time compared to the national average, customers using Part Exchange have been able to move in as little as two weeks, and an average of seven weeks, versus the typical seven months required for an open-market sale. This means retirees could have the keys to their new home in January if they decide to make the move now.
Chrissy Fice, Marketing Director at McCarthy Stone, says: “We want more people to enjoy a quick, easy and stress-free move and be able to really embrace the ‘New Year, New Start’ ethos with new friends in their new home. Part exchange means homeowners have a guaranteed buyer, so there’s no need to worry about dealing with viewings or property chains collapsing. As well as spacious, comfortable and energy efficient apartments, our developments have lots of social events and activities on offer, giving homeowners the opportunity to socialise without having to brave the winter weather.”
McCarthy Stone
“From valuation to completion, the entire experience is streamlined — allowing customers to focus on the excitement of their new chapter instead of the stress of moving.”
By working with trusted third-party partners, the company reports that its customers have accepted offers averaging 96.7% of their property’s market value, ensuring a fair, competitive, and straightforward move to their new retirement property.
Further benefits include no estate agent fees, up to two weeks’ retained possession of their former home after completion, and a £1,000 contribution towards legal fees when using one of McCarthy Stone’s recommended solicitors. A free removals service is also available, helping with decluttering, packing, and unpacking to make the move effortless
