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 Base Fee is 9% of the valuation.
  • In addition we add a variable Risk Premium of up to 6% based on your home’s location, situation and condition. Your Property Advisor will give you more specific information about the Risk Premium applied to your home’s offer.
  • Lastly, a Stamp Duty charge may apply. This is based on the amount of stamp duty, if any, we need to pay on our purchase of your property.
  • Our goal is always to offer the most we can, as better offers result in faster completions.
  • Usually our total home buying fee ranges from 12% to 15% of your valuation
  • The above pricing applies to properties where our valuation is between £200,000 and £750,000. Outside these levels, our pricing will be more bespoke, but we will always be fully transparent and clear with you about your fee.
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THE SPRING PRICE PROMISE

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.

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.

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How We Determine Your Offer

COMPARISON OF YOUR PROPERTY
SALE OPTIONS*
£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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