Buying Tools

Once you have chosen your new Troy Home you may need to sell your current property and we know that this can be stressful which is why we have partnered up with PX Hub on selected developments, to offer you a choice of schemes to help you sell your existing home.

Assisted Move

PX Hub will arrange two valuations of your property and once a realistic marketing price is agreed they will market the property through their approved panel of estate agents, providing regular weekly feedback on any viewings.

They will negotiate on your behalf and fully qualify any offers you may receive to ensure the best price is achieved. Once you have agreed a sale they will then progress this through to exchange and completion. You have no estate fees to pay as these are paid for by Troy Homes.

Part Exchange

On some occasions Troy Homes may offer to purchase your current home. In these situations PX Hub will arrange for two independent valuations to assess the value of your property. Providing your home meets the criteria and is suitable for part exchange Troy Homes will make you an offer for your property which will be subject to a RICS survey and contract. You will then be able to continue with the purchase of your Troy Home with the confidence that you have a guaranteed buyer.

Help to Buy

Help to Buy is a government scheme which is backed by the Homes and Communities Agency (HCA). It is a scheme which allows you to purchase certain Troy Homes with a smaller deposit than may be required if purchasing second hand.

With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

You won’t be charged loan fees on the 20% loan for the first five years of owning your home.

This scheme is available to first-time buyers and current homeowners who meet the qualifying criteria but you must be an owner occupier. There is no upper limit on your household income, however, the maximum value of the new home is £600,000.

If your new property is in London then the loan amount from the HCA loan is increased to 40% so you only require a 55% mortgage.

For more information please visit the government website.

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