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What is the difference between a resale property and a new home?

Resale properties are apartments within a Pegasus Homes community, that have already been purchased by a previous customer, lived in, and loved. If the previous customer decides to move or has sadly passed away, they or their family may appoint the Resales team as their agent and you can purchase the resale apartment from the resales team. 

There is no other difference to the design, build or interior specification, and you will still enjoy all of the benefits of living within a Pegasus community that you would if you were to purchase a new home from the developer. As the property would be privately owned however, any purchasing incentives run by Pegasus Homes would not be applicable to a resale. 

Our resale properties are sold on a long-term leasehold basis.

Benefits of Pegasus Homes Resales

In-house specialist We have decades of experience creating and selling age-exclusive homes and have an unrivaled knowledge and understanding of our communities and our customers. We understand the unique design, facilities, and lifestyle of a Pegasus Homes community, helping to ensure that we market your home to the right audience.

Benefits of Pegasus Homes Resales

Finding the right buyer We are experts on our communities and our customers, having built dedicated databases and waiting lists. Our targeted marketing and a deep understanding of retirement living often lead to faster sales compared to traditional estate agents.

Benefits of Pegasus Homes Resales

Ensuring a fair deal We can support you or your family to market your apartment and secure a competitive price. Our team will spend time with you or your family at the very beginning of the process to understand your needs, provide a valuation and advise as to what might be the best route for you to achieve your goal with the sale or letting of your property.

Purchasing a resale home with us

Buying a resale apartment with us is very similar to purchasing a brand new apartment from Pegasus Homes, or a property on the open market, but the whole process is assisted by our Resales team. From arranging viewings to negotiating on your behalf directly with the vendors, our team are on hand to support you through the process of finding your new home. 

Keys
  • Step One After you’ve visited one of our communities and consulted with one of our resales advisors, you choose the apartment that best suits your requirements.
  • Step Two We’ll discuss your current situation to ensure that living in a Pegasus community is right for you.
  • Step Three A memorandum of sale is drawn up and your sale then goes into the hands of your appointed solicitors. We’ve a panel of recommended solicitors who are familiar with Pegasus Homes, and understand the particulars of purchasing our properties. However, you are under no obligation to use them and we do not receive any commission if you do.
  • Step Four Our resales advisors will be in contact with you throughout the process to answer any questions you may have, while our in-house progression team liaises with the solicitors to answer any enquiries that may arise.

Renting a resale home with us

When you rent one of our resale homes, you will be offered an Assured Short Term Tenancy, which will be fully managed by our Pegasus Homes Agency Services team on behalf of the owner of the property. Our experienced team is on hand to assist with any maintenance issues you might have, giving you more time and energy to enjoy your home.

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  • Step One After you’ve visited one of our communities and consulted with one of our resales advisors, you choose the apartment that best suits your requirements.
  • Step Two We’ll discuss your current situation to ensure that living in a Pegasus community is right for you.
  • Step Three We’ll ask for some basic information, including financial details, to make sure that the rent is affordable to you on a long term basis. Once the process is complete, we’ll help you move in on the pre-agreed date.
  • Step Four All Assured Short Term tenancies are offered for a minimum of 6 months and run for an agreed fixed term.
"Huge thank you to Alex for your incredibly kind professional and knowledgeable service in procuring the resale of my mums apartment" Pegasus Homes customer
"We'd like to express our appreciation of the work that Alex has done to sell two apartments for us in Atlantic Rise, Bude. The first completed three weeks ago and the second is due to complete next Tuesday." Resident - Atlantic Bude
"The Pegasus Homes resales team have been amazing throughout what I know has been a most difficult process" Pegasus Homes customer
"After getting to know the community and what was on offer, I opted for a resale home, and Alex and the Resales team were brilliant throughout the whole process. I personally found no difference between a resale home and a new home - the high quality is the same in all the home." Pegasus Homes customer
"His support made what can often be a stressful process feel smooth and well managed. It was a genuine pleasure working with Alex, and we would have no hesitation in recommending Pegasus Homes Resale Services to anyone considering selling their property.” Pegasus Homes customer
“From the outset, we were looked after by Alex Compton, who proved to be professional, courteous, and extremely helpful throughout. He kept us well informed at every stage of the process and offered clear, timely advice on how best to present our property and support the sale Pegasus Homes customer