Recognising the continuing constraints faced by vendors attempting to conclude a sale of their property, the firms have come together to launch the Quick Sale Solution Scheme (QSSS).
The exclusive arrangement will provide a ‘chain-break’ facility for sellers struggling to sell their property via the conventional route, allowing a vendor to sell a property quickly and with certainty without the tie-in of having to purchase a new home from a house builder, typical of the more conventional part-exchange route.
CKD Galbraith forecasts the scheme will be of particular interest to vendors who may have seen a sale fall through at a late stage or those who have experienced limited interest in their property via a traditional market listing. Equally the scheme may be of interest to those who wish to sell but who have no desire to try the open market route in the current difficult conditions.
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PXS was established in 1996 and is based in London, specialising in the purchase and sale of residential properties across Scotland and the rest of the UK. The company acts as the buyer, and subject to detailed analysis and appraisal, would typically look to purchase at a figure below market value, depending on the property in question. On average PXS buy and sell one property each working day. Once a sale is agreed, PXS then aim to resell the property immediately.
George Lorimer, of CKD Galbraith’s Cupar office, said: "CKD Galbraith is introducing a number of exciting initiatives for 2012 that we believe will help to stimulate the market and assist our clients in the process of selling and moving home.
"The link-up with PXS will provide another innovative tool for sellers who want to quicken the process of selling their home. This may be because the seller has already agreed on the purchase of a new home or simply because they don’t want to wait for the market to dictate the timescale of the sale.
"In doing so, it gives options to the seller through a trusted consultancy, CKD Galbraith. It won’t work for all sellers of course but we are on hand to provide the best possible advice to those considering whether it would be a suitable route to achieve the quickest possible sale."
Adrian Jones of PXS Properties said: "We are delighted to have created a working relationship with CKD Galbraith. The scheme will help their existing and future clients to be able to move forward with certainty and not have to keep putting their life on hold because their property no longer suits their needs."
(GK)
