McCARTHY STONE’S PART EXCHANGE HELPS SURREY AND OXFORDSHIRE RETIREES AVOID THE DRAMA OF PROPERTY CHAINS WHEN DOWNSIZING TO A NEW HOME

McCarthy Stone, the UK’s leading 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. With developments across Surrey and Oxfordshire, there’s a location to suit everyone.

With reports of the property market slowing ahead of the upcoming budget and properties taking longer to sell than many homeowners expect, 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.

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 say 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.

Talking about the growing popularity of its Part Exchange offering, Chrissy Fice, Marketing Director at McCarthy Stone, commented: “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.”

“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.

One owner who took advantage of McCarthy Stone’s Part Exchange scheme is Ken Baker who moved into Roman Court, a Retirement Living community in Middlewich, Cheshire. He says: “Selling my house was easy thanks to McCarthy Stone’s Part Exchange scheme – not only did I get the price I wanted for my home, but the service even included help with organising the removal company, estate agent fees and solicitor fees, meaning the stress and worry of making a move was taken away. Within just over a month, I had made the move and had the keys to my new home!”

Jane Heyes, whose 95-year-old mother Joyce Scott recently moved from her detached family home to McCarthy Stone’s Wheatley Place Retirement Living Plus development in Shirley, West Midlands has had an equally positive experience using Part Exchange and says: "From the moment we paid the deposit, we completed the move in just 15 days, which was incredible. It took away the stress of waiting to sell the house, and we didn’t have to worry about the uncertainty of the market.

“My mum decided to leave her home because the garden was too much for her to handle, and she wasn’t seeing people regularly enough. Now, she’s surrounded by others and has a much more social life. Within a week of moving in, she looked 10 years younger! It’s such a relief knowing there’s always someone on hand to help her if needed. I no longer have to panic about getting to her in an emergency.”

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.

With the Part Exchange scheme, McCarthy Stone is committed to delivering real peace of mind and a simpler way to move. By acting now, buyers can look forward to settling into their new home within a matter of weeks. McCarthy Stone offers a wide range of tenure options including purchasing outright and affordable shared ownership across their developments to fit the individual needs of each customer.

For more details on McCarthy Stone’s Part Exchange scheme, visit www.mccarthystone.co.uk/part-exchange.

McCarthy Stone has developments nationwide, and in Surrey and Oxfordshire the below developments are currently selling. Availability and options vary by site but apartments can be bought outright or purchased via Shared Ownership, with specific details available on McCarthy Stone’s website, or by telephone on 0800 310 0287.

SURREY:

Campbell House, Weybridge

Augustus House, Virginia Water

Violet Place, Bagshot

Holly Place, Cobham

Goldfinch House, Chipstead

OXFORDSHIRE:

Albert Court, Henley-on-Thames

ENDS