Sydney Place

Terms and Conditions
1. Part Exchange is only available on selected plots and developments in England, Wales or Scotland and is subject to our standard terms and conditions. Part Exchange will only be available where the existing property being traded in is no more than 80% of the selling price of the plot you are considering purchasing, up to a maximum value of £500,000.

2. All properties shall need to be considered for Part Exchange to establish their method of construction or unusual characteristics. David Wilson Homes are under no obligation to make an offer.

3. Any offer made to purchase your existing property will be at fair value and will be based on a presumed sale of within 8 to 10 weeks. Our offer will be subject to a RICS survey and an independent valuation.

4. To be considered for Part Exchange you will need to have completed the Part Exchange application form in full, a Reservation Agreement and have paid your Reservation Deposit.

5. You will need to provide access to our appointed estate agents, Part Exchange Manager or our representative within 3 working days for the purposes of valuations and inspection of your existing property.

6. Following valuation and inspection of your existing property we will make you a verbal offer. Your acceptance will be required within 2 working days and any written offer must be returned within 2 working days of receipt. Upon acceptance your Reservation Agreement will be processed. If you do not accept our offer, your application for Part Exchange and your reservation on the new property will be cancelled.

7. Note any offer made to you by us under the Part Exchange scheme is subject to any necessary further enquires or reports.

8. You will need to ensure your solicitor is instructed to proceed on your behalf upon acceptance of our offer and to meet our 42 day exchange requirement.

9. You agree to cancel any existing arrangements with any agents and any agents’ fees or commissions and VAT that may have been incurred by you prior to our agreement will remain your responsibility. David Wilson Homes will not accept liability towards any such costs or charges.

10. Both your purchase of the new home and our Part Exchange agreement are subject to contract until the exchange has taken place on both transactions.

11. We will market your existing property prior to your move into a new David Wilson home. You agree to allow reasonable access to your existing property to facilitate the resale (subject to agreed appointments) and to the erection of a “for sale” sign.

12. Any estate agents appointed by ourselves to market your existing property will be acting on our behalf and should the complete transaction proceed to mutual legal completion any fees and commissions for the appointed agents will be met by David Wilson Homes. Should either party withdraw from the transaction but you continue to sell your existing property to any individual introduced by our appointed agents during the period of our instructions, and any such sale proceed to a legal completion, you would be responsible for the agents’ commission and VAT.

13. Certain items are deemed fixtures and fittings within your existing property and must remain within the property and are included in our offer. Such items will be set out within the Property Inspection Form.

Our estate agent or Part Exchange Manager will discuss these with you and they must be identified on the Property Inspection Form, which in turn will form part of our legal agreement. If there are specific items you wish to remove these must be identified with our estate agent or Part Exchange Manager and duly documented. This may necessitate your replacing any items removed or carrying out reinstatement of walls, ceilings or floors to an acceptable standard, including the filling of any holes and repainting. Items in the garden including plants, shed and water features are also deemed fixtures and fittings and must remain unless otherwise agreed in writing.

14. A Corgi or Gas safe service certificate will be required on all gas equipment and an electrical testing certificate will be required on all electric equipment within your existing property prior to exchange of contracts to certify they are safe and in a full working condition. You will also be required to provide an Energy Performance Certificate.

15. Any prepaid service meters must be replaced with standard credit meters prior to legal completion.

16. Your existing property must continue to be maintained internally and externally to an acceptable standard until legal completion and on legal completion must be left clean and tidy including the garden, loft and any outbuildings with only the agreed items remaining.

17. On the day of legal completion you will not receive the keys to your new home until completion has taken place on your existing property and only then when it is confirmed that you have left the keys as set out in the Property Inspection Form with our appointed estate agent or ourselves, along with any alarm codes. You will be notified prior to legal completion where these keys are to be left. Any keys not provided may necessitate a locksmith being instructed on our behalf to replace locks and supply keys, the cost of which would be recovered from you.

18. You will be responsible for all service company invoices up to and including the day of legal completion. Please ensure you have had all your meters read in order that the final bills can be forwarded on to you for settlement. We will not accept any bills or invoices for periods of consumption prior to completion date.

19. Full vacant possession of your existing home will be required upon legal completion.

20. Offer is not available while new property is at early build stages.

David Wilson Homes General Terms and Conditions
Any promoted David Wilson offer is subject to contract and status. Offers are on selected plots only and are subject to availability. The offers advertised cannot be used in conjunction with any other offer on the same plot unless expressly stated otherwise. Prices and details are correct at time of going to press. All images are typical of David Wilson homes and are for illustrative purposes only. Please contact the development in which you are interested for further details.

David Wilson reserve the right to withdraw or alter any of these offers at any time prior to the payment of a reservation fee. Contracts must be exchanged within 42 days of reservation of your property. Failure to do so may result in the loss of all or part of your reservation fee.

The current specific offers being advertised in relation to selected David Wilson developments are also subject to the specific terms and conditions set out above (N.B. these offers may vary from time to time and you should refer to the development in which you are interested to discover which offers are available on specific plots and developments).

David Wilson will not be liable for the refusal of a mortgage based on the borrower’s individual circumstances which leads to the loss of any reservation fee. David Wilson will not be responsible for the failure of any deal due to any defects in your existing property which arise as a result of an inspection or survey, whether a part exchange deal has been agreed or not. These terms and conditions do not affect your statutory rights.

David Wilson Homes is a trading name of BDW Trading Limited (Registered Number 03018173) which is a subsidiary of Barratt Redrow plc (Registered Number: 00604574) both with registered offices at Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicester, LE67 1UF.

This offer is available on selected developments and plots only, subject to status and availability, and David Wilson Homes' General Terms and Conditions.
This offer is (subject to clause 2 below) available to Key Workers. For the purposes of this offer: (i) "Barratt” means BDW Trading Limited, trading as Barratt Homes, Barratt London, David Wilson Homes or other Barratt trade name from time to time; and (ii) "Key Worker" means an individual currently employed (in any capacity) by one of the following bodies/institutions:
NHS;

Education;

Police Force;

Fire Service;

Ministry of Defence;

Environmental Service;

National Highways;

Probation Service;

Local Authority;

Prison Service'

Transport Scotland;

Transport for Wales;

Royal National Lifeboat Institution (RNLI);

and Foster Carers.

a. An individual deemed to be ‘UK Armed Forces Personnel’ as per the definition within our: Armed Forces Deposit Contribution Scheme
This offer is available to Key Workers who purchase a new Barratt property. We make this offer available across our Barratt divisions from time to time, however, it may not always be available for all categories of Key Workers. We encourage you to please speak with one of our Sales Advisors to check availability and if you have any queries in this respect.
Subject to these terms and conditions, Key Workers are entitled to receive a deposit contribution towards the overall purchase price of the property of £1,000 for every £20,000 spent. Please note that you may be required to pay a contribution towards the purchase price depending on your lender’s mortgage eligibility criteria.
The sum to be contributed by Barratt will be agreed prior to the reservation of your property, and payment will be made by us on legal completion.
Eligible purchasers must declare their intention to claim the deposit contribution as soon as reasonably practicable in advance of reserving a property.
Satisfactory evidence of eligibility for this offer must be provided, including (but not limited to) payslips from the three months prior to reservation, Blue Light Card (where available) and identification/proof of trained status.
This offer cannot be used in conjunction with any other Barratt offer.
This offer is available on residential properties to eligible purchasers buying the property with cash or with the aid of a mortgage (eligible purchasers must meet their lender’s mortgage eligibility criteria however) and does not exclude eligible purchasers from qualifying for Help to Buy.
This offer is not available on Buy to Let properties.
Purchasers must be over 18 years of age.
Purchasers are required to pay the standard reservation fee for the selected plot.
Purchasers are required to pay the full amount of the relevant contribution upon exchange.
The relevant sum will be deducted from the total sale price on legal completion.
Legal completion must take place on or before the date agreed at the time of reservation.
Barratt reserves the right to withdraw or alter the terms of this offer at any time.
Flooring Terms and Conditions
We will cover:- the cost of flooring (including installation costs) up to the equivalent of 1% of the purchase price of the property (excluding extras), provided customers choose from our Expressions flooring ranges. For the flooring offer, final selection may be limited within the relevant ranges due to availability, factors beyond our control and/or dependent on the build phase of the selected property. In this regard, certain flooring options may not be available or you may be offered pre-selected flooring. Please speak to one of our Sales Advisers if you have any questions regarding what options are available for a particular property. There is no cash or cash equivalent for these offers. Customers will not be able to select flooring from a third party. If the cost of flooring (including installation costs), in either case, exceeds 1% of the purchase price (excluding extras), the customer will be required to pay the excess.

  

David Wilson Homes General Terms and Conditions
Any promoted David Wilson Homes offer is subject to contract and status. Offers are on selected plots only and are subject to availability. The offers advertised cannot be used in conjunction with any other offer on the same plot unless expressly stated otherwise. Prices and details are correct at time of going to press. All images are typical of David Wilson homes and are for illustrative purposes only. Please contact the development in which you are interested for further details.

David Wilson Homes reserve the right to withdraw or alter any of these offers at any time prior to the payment of a reservation fee. Contracts must be exchanged within 42 days of reservation of your property. Failure to do so may result in the loss of all or part of your reservation fee.

The current specific offers being advertised in relation to selected David Wilson Homes developments are also subject to the specific terms and conditions set out above (N.B. these offers may vary from time to time and you should refer to the development in which you are interested to discover which offers are available on specific plots and developments).

David Wilson Homes will not be liable for the refusal of a mortgage based on the borrower’s individual circumstances which leads to the loss of any reservation fee. David Wilson Homes will not be responsible for the failure of any deal due to any defects in your existing property which arise as a result of an inspection or survey, whether a part exchange deal has been agreed or not. These terms and conditions do not affect your statutory rights.

David Wilson Homes is a brand name of BDW Trading Limited (Registered Number 03018173) which is a subsidiary of Barratt Redrow plc (Registered Number: 00604574) both with registered offices at Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicester, LE67 1UF.

If you require a mortgage, you are strongly advised to obtain advice from a regulated adviser. David Wilson Homes recommends from a panel of New Home Mortgage Advisers who have extensive knowledge of the new build mortgage market, though you may, of course, seek such advice from your own mortgage adviser.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE