1. You must allow us access to your property within seven calendar days, and we will appoint two independent valuers to value your property.
2. The valuation will be instructed on the basis of achieving a sale withing a period of time agreed with your Sales Advisor, at the price it is likely to achieve in the current market (as opposed to an advertised asking price). If there is a discrepancy of more than 10% between the 2 valuations, we will appoint a third valuation. Within two working days of the last valuation being carried out, we will confirm verbally, what we consider to be an acceptable price for your property and propose a marking range under the New Move Scheme. We will also confirm these proposals in writing on the same day, if requested.
3. Upon receipt of the proposed prices, you must tell us whether they are accepted within two working days. If accepted, your new build plot will be placed on hold for a period agreed with your Sales Advisor for marketing your property and we will not sell the plot to another purchaser during this time. If you do not accept the proposed prices, your application will be cancelled.
4. Obtaining a valuation of any property does not obligate us to accept the property under the New Move Scheme. Whether a property is suitable for the New Move Scheme is entirely at our discretion and we are at liberty to refuse any property onto the New Move Scheme without explanation.
5. If your property is already on the market, you agree that you will cancel all existing arrangements with any estate agent, regardless of whether that results in you incurring costs (which we shall not be obliged to reimburse).
6. You agree to allow us to nominate the estate agent(s) that will market your property and to agree the marketing terms with them at our sole discretion.
7. You provide your irrevocable authority to the appointed estate agent(s) to liaise with us during the period the property is marketed for sale and to discuss with us any offers received. You agree to notify us with any offers you receive directly within one day of receipt. New Move Application Form
8. You agree to co-operate with the appointed estate agents to allow:
a. The erection of a “For Sale” sign at the property.
b. All advertising that we consider appropriate in connect with the marketing of the property.
c. Reasonable access to your property by potential buyers viewing the property (by appointment only).
9. If an acceptable offer has not been received after the first two weeks of marketing the property under the New Move Scheme, we reserve the right to renegotiate with you regarding reducing the marketing price and acceptable sale price. If you do not accept the proposed revised process, we may cancel your application. If an acceptable offer has still not been received by the expiry of the agreed marking period, your application may be cancelled, and the new build plot will be remarketed.
10. If an offer is accepted on your property; you can proceed to formally reserve your new build plot. If this offer is through an estate agent, we appointed and the buyers proceed to exchange contracts on your sale we will pay the estate agents fees in connect with the sale of your property.
11. If you withdraw from the Reservation of the new build plot but choose to proceed to complete the sale of your property to a buyer introduced by the estate agent that we appointed, you agree to be wholly responsible for all of the estate agents fees in connection with the marketing and sale of your property.
12. You agree to continue to maintain your property and its garden in a satisfactory, clean and tidy condition throughout the process.
13. A fee of £250.00 is required to enter onto the New Move Scheme, this is fully refundable if your property does not sell within the time period agreed.
14. If an offer is received and you proceed to a full reservation this is considered part payment of the £500.00 reservation fee, please refer to the reservation terms and conditions relating to refunds once reserved.
15. Full vacant possession of your property will be required on legal completion.
16. By agreeing to the Scheme, you are providing your express consent for us to pass on your details. We will not disclose any data outside Newett Homes except for:
a. To others who may be under an obligation of confidentiality to us.
b. To anyone to whom we transfer our rights and duties or,
c. As is required by law or regulation. 3
