MAJOR BUSINESS WINS BUILD ON RECORD START TO YEAR FOR NEW HOMES PART EXCHANGE

April 2009

New Homes Part Exchange, a division of The New Homes Group, has won two major contracts to provide part exchange services to Miller Northern Home Counties and Midas Homes.

The business wins build on a strong start to the year for New Homes Part Exchange, which has completed hundreds of part exchange sales since the beginning of 2009, providing a considerable boost to the new homes market.

While homeowners across the country are struggling to sell, New Homes Part Exchange takes on average only 10 days to find a buyer from the initial marketing of the home and just six weeks from reservation to exchange, by pricing homes realistically.

Gaynor Hookings, Marketing Director of New Homes Part Exchange, comments:

"These new business wins will help us to reach our goal of becoming the fastest growing and largest provider of part exchange and assisted sales to the new homes industry. Part exchange is proving its worth in the current market, removing chains from the sale process and enticing buyers into the new homes market.

"Whilst the market remains challenging, we are seeing an increase in activity levels across the board. There is definitely a glimmer of hope as the market starts to improve."

-Ends-

Notes to Editors

The New Homes Group offers a complete solution for housebuilders looking to secure sales, assisting them and their customers from initial interest through to legal completion. The group is dedicated to the new homes market, with over 30 years experience in the industry.

The New Homes Group includes New Homes Mortgage Helpline - the UK’s leading new homes mortgage specialist, New Homes Part Exchange - which offers the fastest and most efficient part exchange service in the new homes industry, Independent Mortgage Helpline, The Legal Helpline and Customer Relationship Management. Operating nationwide, the group can assist housebuilders across the country in all elements of the sales process.

Visit: www.thenewhomesgroup.co.uk

For further information please contact The Wriglesworth Consultancy:

Sarah Lawrence s.lawrence@wriglesworth.com,
020 7427 1428

Claire Hendry c.hendry@wriglesworth.com,
020 7427 1407

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