Part exchange company ARC Property Group recently completed a part exchange purchase in quick time it says, to help developer Pegasus Retirement Homes towards its year end sales target.<br> <br> ARC Property Group's Part Exchange purchase scheme enables builders and developers to sell their new homes using PX without funding it themselves or exposing themselves to any risk.<br> <br> Pegasus Retirement Homes had the opportunity of a last minute sale but needed to act quickly to make it count for their year end target. ARC made an offer to purchase Pegasus' buyer's property in Cardiff on a Tuesday, which was accepted the next day and ARC exchanged and completed the transaction by Friday.<br> <br> As the sale went through so quickly, ARC allowed the Pegasus' buyer to stay in their existing property for another four weeks to give them time to organise the move to their new retirement apartment, ARC explains.<br> <br> ARC Property Group has flexible criteria and can consider property anywhere in England and Wales, even if the value of the PX property is higher than the price of the new home being sold.