Financial advice
Our articles offer tips on financial planning for retirement, including a guide comparing the cost of care homes with independent living and assisted living.

How to part exchange your house

Ready to move into a retirement home? Discover how to Part Exchange your house for a hassle-free sale with McCarthy Stone. Find out more.

Couple being handed the keys to their new retirement property after they part exchanged their old home.
Financial advice
Posted 07 May 2024
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The benefits of Part Exchange with McCarthy Stone

When you think about all the steps involved in selling your current home, buying a retirement property can feel like a big deal. So, what if there was a way you could avoid estate agents, viewings and costly moving fees? Enter Part Exchange.

With our Part Exchange offer you can enjoy a competitive price for your home—without the hassle, and enjoy a quicker and more seamless move into your new retirement property.

How does Part Exchange work on a house?

Part Exchange is essentially ‘trading’ your existing property for a new one and is a quick and easy way to sell your home without an estate agent. The house is purchased by a private company or property developer, who uses the property as a form of payment for the new home you’re buying.

How does Part Exchange work on retirement flats or bungalows?

Once you’ve chosen your new apartment and, if you’re interested in part exchanging, we can arrange for one of our trusted Part Exchange partners to visit you.

If your home qualifies, our partners will instruct two independent local estate agents and an RICS (Royal Institution of Chartered Surveyors) professional to survey and value it.

Based on this valuation, our partners will recommend a price, which we will discuss with you. The valuation is free, there is no rush and no obligation to agree to it.

If you’re happy with the recommended price and decide to proceed, you can reserve your new McCarthy Stone home for as little as £500. After that, we will work with your solicitor to ensure the sale is completed as smoothly and as quickly as possible.

With Part Exchange, the price you receive might be lower than if you were to put your property on the open market via an estate agent, but most of our homeowners find the benefits—including financial incentives like no estate agent fees, far outweigh this disadvantage.


The exterior of two McCarthy Stone retirement bungalows, with trees lining the street of the house.

5 benefits of Part Exchange with McCarthy Stone

Wondering if part exchanging on a retirement property is a good idea? Whether it’s to save time, money or effort, the benefits of Part Exchange with McCarthy Stone make it a popular option. Here are five benefits:

1. We’ll be your cash buyer

When you Part Exchange your home for a McCarthy Stone retirement apartment or bungalow, you’ll enjoy the complete peace of mind of a guaranteed buyer. That means:

  • Less hassle: you know your home is sold
  • Quicker turnaround times, with no chains to worry about
  • Less stress: the buyer won’t pull out
  • Fewer property viewings, so less tidying up
  • No need to redecorate or prepare the house for sale

2. No estate agent fees

Part Exchange skips the need for an estate agent–so you won’t have to pay their expensive fees.

You can also potentially save on solicitor’s fees with our Smooth Move package—which contributes £1,000 towards legal costs.

Removal man wraps possessions so senior can move to retirement home with ease.

3. No need to prep the house for sale

You won’t have to spend any money or effort on repairs and redecoration, which agents often recommend to attract buyers.

4. Reduced stress

Moving house is notoriously one of life’s most stressful experiences. That’s why we also offer a free removal service as part of our Part Exchange. Our specialist team take away the anxiety about moving your life’s possessions and save you money, too.

Our removal teams will discuss what you want to keep and help you to clear out any clutter. They will do all your packing and unpack at the other end, all at no extra charge, so you can settle into your new home as quickly and as comfortably as possible.

5. Flexible moving options

It can feel overwhelming to have to move everything in one day, so Part Exchange gives you added flexibility. As long as you have legally completed on your new home you can take up to two weeks to move out of your old one.


Part Exchange your home with McCarthy Stone

Now you know how to Part Exchange your home with McCarthy Stone, it’s time to make your move! Simple, secure and rated 5 stars for customer satisfaction by the Home Builders Federation, you know you’re  in safe hands.

Find your ideal retirement property today and make the switch to stylish, comfortable and low-cost living. Should you need more information, take a look at our FAQs or call our friendly team on 0800 201 4811.


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