Springbok Innovative Part Exchange

No. Delma Homes Ltd. arranges the private cash purchase of your property, allowing you to buy your dream home. The contract exchanges are performed simultaneously and completion dates arranged like in a chain. No one has to swap their property.

The "Cost to Exchange" is the bottom line. It's how much money you actually have to find to complete your move. For example, if your current property is valued at £120,000 and you want to upgrade to a house that costs £175,000, then your "Cost to Exchange" is £55,000 (£175k minus £120k). That's assuming you get the full value for your current home and that the seller accepts your offer, of course.

If you get less for your current property, for example by selling it to Delma Homes Ltd. at £95,000, and you put in an offer at £150,000 on your upgrade home, your "Cost to Exchange" is still £55,000.

These figures are, of course, just for illustration. They do not necessarily represent what you may or may not be offered for your current property.

The key to making it work is the Cost to Exchange. This has to work for both the buyer and seller.

Delma Homes Ltd. is unlikely to offer you full market value, so the final numbers have to work. On the up side, just because the numbers do not work for one particular property does not mean they won't work for another.

That's why it's so important to get assistance from our team, and why we ask you to fill in as much detail as possible when you send your online enquiry (using the form on this page). The more we know, the better we can assess your eligibility for a Part Exchange. And the better our assessment, the better the chance of finding an appropriate Part Exchange property!

There are two reasons: knowledge and facilities.

Over the years, we have bought hundreds of properties using strategic partnerships and other investment funds. We have a specialist Delma Homes Ltd. and third party companies, that has been doing this for years. Tie those two facts to our efficient, transparent setup and you have the reason we are able to offer innovative solutions!

No, we don't. Although we're flexible and very good at our jobs, there are some properties that simply do not meet our criteria and are not suitable for purchase.

Most frequently, we cannot reach agreement because of the particular location, price differentials, unsuitable mortgages, structural defects, the Cost of Exchange won't work or limited buyer appeal.

At its simplest, the difference is flexibility. Builders have strict rules and criteria, but we're a lot more flexible.

• We consider any property; builders limit your choice to certain plots or sites.
• We consider any residential property, owned or leased; builders buy specific properties and often won't touch ex-council or leased homes.
• We have no restrictions on value, so you can trade up or down; builders set a floor of 30% to qualify - if your new property isn't worth more than 30% of your current home, you can't qualify.
• We give you power for strong negotiations by delivering a guaranteed cash sale; builders are selling you something they own, so you have little room to manoeuvre, and often lose any incentives they may offer "normal" buyers.
• We make offers all year round, in any market conditions; builders limit the number of offers per year, based on a quota, and may change that quota in poor market conditions.
• We work throughout England, Scotland and Wales; builders are often limited to a specific area.