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Leading part-exchange player set for expansion

Leading part-exchange player set for expansionResidential part exchange company Quick Move Properties (QMP) is poised for expansion after securing a £13m finance package from Santander Corporate & Commercial. The Royal Wootton Bassett-based business was formed in 1998 and has since purchased more than 5,000 properties with a total value of £725m.

The funding package comprises an extension of the company’s existing facilities and additional working capital from Santander. Steve Abbley, chairman at QMP (below left), said, ‘Part exchange continues to increase in popularity in our two key markets – new homes and park homes.

‘Both sectors are surging ahead in the planning and building of new developments and we need to be able to assist their resulting unit sales with our part exchange service. We are delighted to be working with Santander in order to provide this support to the industry.’

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Quick Move Properties is the UK’s largest property part exchange company, allowing new home and park home providers to offer risk-free, hassle-free and guaranteed part exchange on their customers’ existing homes as an incentive for them to purchase onward. For more information on

QMP, please call 01793 840927, email px@quickmoveproperties.co.uk or visit www.quickmoveproperties.co.uk.