Our offer will be our final valuation of your property less our home buying fee for the transaction
The home buying fee is made up of a base transaction fee of 9% and a risk premium up to 6% reflecting the property’s condition, character, size and situation. Which means repairs, garden clearance, decorating – anything the property needs is down to us. We take on the risk of reselling your property after we have bought it from you. A Stamp Duty charge may also apply.
Our pricing in a little detail
Our promise is simple: The price we pay will be fair, accurate and transparent. We are so confident in our final valuation that if we re-sell your property for a higher price within 6 months, we’ll give you the difference.
£250,000 home value | Spring Home Buying Service | Property Auction | Estate Agency |
---|---|---|---|
Guaranteed to Complete | yes | no | no |
Time to Complete | 7 days** | 3 months | 10 months**** |
Valuation Price | 250,000 | 250,000 | 250,000 |
Sample Spring Home Buying Fee | 15% | - | - |
Price concession | - | 10% | 5% |
Auction Fees/Estate Agency Fees | - | 3% | 2% |
Solicitor Fee + VAT | - | 0.6% | 0.6% |
Mortgage Payments while waiting to sell*** | - | 1.1% | 3.8% |
Seller concessions/repairs | - | - | 2.0% |
Utility Bills & Council Tax while waiting to sell | - | 0.6% | 2.0% |
Property Clearance | - | 0.2% | 0.2% |
FINAL PROCEEDS | 212,500 | 211,150 | 211,000 |
Based on average time and sale values
Or on your timeline
For illustration purposes we have assumed a home with a mortgage. Your own situation may vary
51% of residential sellers are unable to sell their home after 10 months on the market – Source: Jeffries Investment Bank
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