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We Buy Any Home Vs Spring

FREE cash offer within minutes
We Buy Any Home Vs Spring
  • Free cash offer within minutes. Receive funds within 7 days.

Deciding which property-buying company to sell your home to can be tricky.

You’ll likely begin your search online, where many businesses appear to offer a great deal.

Choosing the best service for you is important.

So, we’ve put together a comparison of our service with one of our competitors, Spring

How much do they charge?

At We Buy Any Home, our service is completely free.

We will offer you slightly less than the market value for your home. In return, we will buy it quickly, in as little as seven days if necessary. So any costly mortgage payments you have will stop sooner. 

Spring’s pricing structure is more complex.

They charge a basic fee of 9% of the market value of your home. And they charge up to an additional 6% depending on the condition it is in and how easy it will be to resell. Their total fee is usually between 12% and 15%.

Are there any other costs?

At We Buy Any Home, we do not charge any fees, such as:

  • Solicitor costs
  • Estate agent commissions
  • Any taxes (including Stamp Duty)

Spring also covers legal fees and estate agent commission.

However, except in certain circumstances, they will ask you to pay the cost of the stamp duty.

According to their website they will charge you the higher rates that are applied to:

  • Homes that will not be a buyer’s main residence
  • A buy-to-let investment

This adds an additional 3% to the existing stamp duty.

So a property worth £100,000 would attract an additional charge of £3,000 on top of the fees mentioned above. You can check current stamp duty rates on the government website.    

Which company is the most established?

We Buy Any Home started operating in the UK in 2013. Today, we are the largest home buying company in the country.

Spring entered the market in 2020. But they had previously traded under the name National Property Trade since 2007 and Spring.

Which has the best customer reviews?

The quality and number of independent reviews help assessing how good a company is. 

On Trustpilot we have a rating of 4.4 from more than 1,000 reviews. Nearly 90% are 5/5 or 4/5 ratings.

By contrast Spring has a rating of 4.8 from only 235 reviews on Trustpilot. 93% these are 5/5 or 4/5 ratings.

Do you offer a cash advance?

We Buy Any Home can provide you with a cash advance to help you out of a difficult financial situation.

On the agreed completion date you will then receive all the remaining funds you are due from the sale.  

Spring offers an assisted sales service. It is provided by a partner company and tied to the resale of your property.

This includes a cash advance. The partner company will give you a percentage of the equity you have in your home. It passes on the rest once the property has been sold on the open market. 

That means there is no guarantee when you will receive the full amount. After all, they are relying on somebody wanting to buy your home.

We Buy Any Home only ever buy homes with our own cash. This means the sale isn’t subject to the unpredictability of the housing market. Or a property chain issues.

When you work with us you know exactly when your sale will complete and when all your funds will be in your account. This applies whether you’re getting a cash advance or not. 

Can you continue living in your home?  

We Buy Any Home aim to shape our process around your needs. That’s why we offer a licence to occupy if you need one.

This allows you to stay in your home rent-free for an agreed period after we’ve bought it. It gives our customers time to plan their next move.

Spring also allows you to stay on if necessary, but only for a maximum of 14 days according to its website. 

Do you buy homes in any condition?

We’re happy to purchase your home no matter what condition it is in, as is Spring. One thing that sets us apart is our willingness to purchase properties with cladding issues. 

On apartment buildings where cladding doesn’t meet minimum fire safety standards, owners have have homes they can’t sell. And the prospect of large replacement bills.

For them, a homebuyer who will consider their property is a welcome option. But it is not a service that features on Spring’s website.

Why work with us?

We know how tricky it is to tell the difference between home-buying companies. What we offer is a long track record of moving sales along quickly and taking care of our customers. 

We understand the ins and outs of the process. And all the emotional and practical challenges you’ll be facing. This is because we’ve helped people through it so many times. In other words, you’re in safe hands with us. 

Our reputation is built on being trustworthy, reliable and free to use. We won’t exaggerate what we’ll pay for your home to get your business. And we will stick with the price, completion date and conditions we agree with you.


We Buy Any Home

  • Service fee                  no
  • Solicitors fees              no
  • Sale in seven days      yes
  • Part of a chain             no
  • Cash advance             yes
  • Licence to remain        yes
  • Fixed completion date yes
  • Guaranteed sale          yes


Spring

  • Service fee                  yes
  • Solicitors fees              no
  • Sale in seven days      yes
  • Part of a chain             no unless using cash advance service
  • Cash advance             yes
  • Licence to remain        yes
  • Fixed completion date yes
  • Guaranteed sale          yes

Other comparisons to We Buy Any Home

For other comparisons between We Buy Any Home and other property companies, read the below:

Free cash offer within minutes, any condition, any location.

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