A. PXS will always endeavour to pay the best price possible for a property. You need to bear in mind that PXS need to pay all of the costs involved in buying, holding and selling your property and make a profit as well. Some valuations can be optimistic and PXS have to consider what is realistic. Against a realistic sale price, typically PXS will need a discount of about 10-15%.

A. PXS is the leading independent company in the UK offering part exchange and chain break services on residential properties with an annual turnover of around £70 million. The properties are normally referred to PXS via new home builders, estate agents, mortgage lenders and solicitors and the general public. PXS was established in 1996, and is part of the Asset Trust group of companies with assets of approximately £1.2 billion.

A. Part exchange is the sale of your home to a builder (or company such as PXS acting on behalf of the builder), to enable you to purchase a new home without the need to wait to sell your own home in the conventional manner.Chain break works in a similar way to part exchange. Your details are normally referred to PXS by an estate agent or solicitor when either a chain has collapsed or when there is no ready, willing and able buyer at the bottom of the chain.

A. If you wish to buy a property and you are dependent on selling your own home in order to proceed, part exchange or chain break may be suitable for you. This is particularly the case where speed is important to you coupled with having certainty that the sale will definitely go ahead.

A. PXS will buy almost any property, anywhere in the UK. Typically the following will be considered:

• Property in any condition
• Ex-local authority
• High rise flats
• Any age of property

A.

• It's definite.
• It can be very quick.
• Once agreed, the sale price is definite (subject to contract and survey).
• Your own purchase will be secured.
• Any property, any value, any condition, anywhere in the UK, all will be considered.
• Once purchased by PXS, you may remain in your former home for up to two weeks (longer by negotiation).
• It’s less hassle than selling property conventionally.
• There’s a possible “profit share” if your property is re-sold by PXS at a better than anticipated price.
• There should be no estate agent fees to pay.
• You may have reduced legal fees and removal costs.

A.

• The price paid by PXS may well be less than otherwise would be achieved on the open market.
• If the survey reveals unanticipated items, renegotiation may need to take place.
• Prospective purchasers may need to be shown round by the estate agent (as PXS will be trying to re-sell the property once a purchase has been agreed).

A. PXS arrange to have your home valued by local valuers, the valuations are checked by PXS and we will then make an offer to buy your home. If you reject the offer, we close our file. If you accept the offer, PXS instruct their solicitors to purchase your home according to your timescale. A survey will need to be carried out and assuming there are no hidden problems, you can plan your move with confidence. It really is that simple.

A. Typically PXS will make an offer to purchase within a week and then purchase within a further one to two weeks. If your timescale is more urgent than that we may still be able to assist.

A. There is no charge for applying to have your home assessed for part exchange or chain break. Neither is there any charge to you if you accept or reject the offer made by PXS.The only effective charge is that if you accept PXS's offer to buy your home, the price you receive will be lower than that which you may have otherwise achieved by selling on the open market in the conventional manner. You should carefully weigh up the benefits of part exchange or chain break against the reduced sale price you will receive and consider taking advice from relevant sources such as family, solicitor or financial adviser.

A. If part exchange or chain break may be suitable, ask your builder or estate agent to pass your details to PXS, or you can contact us on 0845 013 2550 or email us: enquiries@pxsproperties.co.uk

A. PXS will consider this depending on individual circumstances – if completion on your new purchase is unavoidably delayed then PXS may consider letting. However in normal circumstances PXS do not let properties.

A. Normally our offers are valid for a period of 14 days; however if your circumstances require an offer to be available for a longer period, please discuss this with a member of PXS staff who will aim to accommodate your needs.

A. PXS will consider all circumstances, and will be flexible to accommodate your needs.

A. You can purchase any type of property and PXS consider yours. We act on behalf of new home builders and private individuals alike and will consider all circumstances. In fact you don’t have to buy a property at all. If you simply need a quick and definite sale, PXS can help.

A. Once a sale is agreed, we will be in touch regularly throughout the transaction to ensure a smooth and speedy completion, however, if an unforeseen event happens which prevents this, PXS will ensure all parties are notified, and be ready to discuss what course of action you wish to take.

A. This does not prevent PXS from considering the purchase of your property.