JDS Residential offers

MyChoiceHomeBuy

An equity loan product offering as much as 50% or as little as 15% towards the cost of buying a home of your choice on the open market. By using our new scheme you could pay for only 50% of the purchase price now and get £1,500 towards moving costs*

The scheme works by offering between 15% - 50% equity share in the property funded by the government via a series of local HomeBuy agents who approve each applicant, (this will be done by our Financial/Mortgage Adviser who will go through the scheme and fill in any necessary paperwork for you). Remaining funds are made available from an approved lender such as the Halifax, who will lend the full 100% of the remaining amount (subject to affordability and credit checking). You pay a small monthly fee on the HomeBuy equity which must be included in the affordability calculations. AND you are also eligible for £1,500 towards the moving costs.

Deposit Match*

We will match your deposit you commit to put down! It couldn't be simpler!

Part Exchange*

Our Home Exchange Scheme allows you to avoid certain costs, such as estate agent fees and abortive fees. Furthermore Home Exchange saves you time, sleepless nights and the inconvenience that are part of putting your home on the open market.

Home Exchange couldn't be simpler or fairer. If JDS Residential agrees to take your current home as part payment we will appoint at least two local independent estate agents to carry out a market appraisal and then we will make you an offer within forty eight hours.

Once the price is agreed we will appoint a surveyor to carry out a comprehensive survey of your current property and appoint solicitors. Once contracts are exchanged your dream home from JDS Residential will become a reality.

Underwritten Home Exchange Service

Of course we want you to get the highest possible value for your current property. We will therefore encourage you to market your home and take advantage of any increases in market value right up to six weeks before completion.

If you have not sold your house within six weeks of completion, JDS Residential will take over the marketing of the property and will purchase the property outright to coincide with the completion of your new home.

There is no waiting and no uncertainty about your sale falling through.

Assisted Move*

The straight forward way to buy.

If you see one of our properties which you wish to reserve but are unable to do so because you have yet to sell your own, ask one of our Sales Advisers if you can be considered for our very special BacktoBack Scheme.

Assisted Move is very similar to Part Exchange in all respects apart from the fact that we do not actually buy your house.
We will arrange for two or, in some cases, three Estate Agents to value your house and once we have received their reports, we will discuss with you, a realistic price at which to market your house.
Once we have agreed valuations, we will start the marketing process, keeping very close contact with our chosen Agents with a view to having a purchaser for your house within 4 weeks. You will not need to liaise with the chosen Estate Agents as we will do all of that for you. During this time, we would expect you to allow viewings of your existing house, which will be arranged through the Estate Agents.
In the meantime we would expect you to have instructed your solicitor and have started arranging a mortgage, should you require one. You will also reserve in the normal way but initially you will pay only 50% of our normal reservation fee.
JDS Residential in return, will reserve the home you wish to purchase, exclusively in your name for you for 4 weeks whilst we find a purchaser for your existing property.
When a purchaser is found for your existing property, you need to pay the balance of the reservation fee and instruct your legal and financial advisers to begin the process in earnest. We will give you a further 4 weeks to exchange contracts.
On completion of the purchase of your new home from JDS Residential and the completion of the sale of your existing property we will pay the Estate Agents fees for you.