Part ExhangePlus deal available now at Shepherd Homes' Southgate Wood development, Morpeth

• 13th December 2010

Homebuyers need no longer worry about receiving a low offer for their existing property when part exchanging thanks to a market-beating ‘money back’ deal available now at Southgate Wood, Morpeth, from developer Shepherd Homes.

Believed to be the first ‘money back’ initiative of its kind, Part ExchangePlus first sees the homebuilder offer the seller a price for their property based on two independent valuations. If, when sold, the home achieves a price higher than Shepherd Homes’ original offer, the difference - minus estate agent’s fees - will be paid in full to the seller.

Shepherd Homes’ sales executive at Southgate Wood, Joan O’Connor, said: “Part ExchangePlus is an outstanding offer and one which we believe will transform the way people perceive part exchange deals.

“By promising to pay people the difference between our initial offer and the final sale price we are making a real commitment to our customers. Part ExchangePlus will not only help them move into the new home of their dreams but also potentially provide them with a windfall if their property achieves a higher price when sold.”

Part exchanging with Shepherd Homes means you can use your current home as part payment for a brand new property, which are all designed, built and finished to the developer’s exceptionally high specification.

Joan continued: “Part ExchangePlus is a fantastic solution when you’ve found a property that you love and can’t wait to move in. It removes the trouble of finding a buyer for your own home, avoids the need for estate agents fees and eradicates the frustration of waiting in a chain.

“Instead, you get a guaranteed buyer for your current home so when an agreement is reached there are no worries and you can just get on with planning the move into your beautiful new home. With the added bonus of receiving the best value for your old home with Part ExchangePlus this really is a fantastic deal.”

Part ExchangePlus makes the possibility of owning an impressive home such as The Hampstead at Southgate Wood entirely achievable. Priced at £299,995, The Hampstead is a meticulously-designed four-bedroom family home spread over three floors.

The property’s ground floor comprises a spacious entrance hall and guest cloakroom, large dining room with feature window, a generous kitchen area with double doors to the rear garden and an open plan breakfast area.

On the first floor there is an exceptional living room with feature window and a large master bedroom with ensuite. The second floor includes a large second bedroom, a square third bedroom, a fourth bedroom or study area with built in storage and a contemporary family bathroom.

Southgate Wood comprises a mix of 37 luxury three- and four-bedroom homes with the remaining four-bedroom properties priced from just £289,995. Situated in a highly desirable part of Northumberland it is an ideal location for families and commuters to Newcastle.

For further information about Southgate Wood and the Part ExchangePlus scheme contact Joan O’Connor on 01670 517 578. The development’s sales office is open Thursday to Monday from 10.30am-5.30pm.