Spring for Sellers

Exchange of Contracts after 24 hours

Once an offer is accepted, there is no need for the buyer to wait for surveys, reports or financial arrangements, because they are done in advance. After a cooling-off period of 24 hours, the contract can be exchanged and a mutually acceptable moving date agreed (usually one to two months later).

Once you've exchanged contracts, this eliminates the chance of your buyer trying to renegotiate your agreed price at the eleventh hour...

One Solicitor, One Transaction

Because Spring instructs an independent solicitor, there is no need for both parties to commission their own legal assistance. You may consult your own solicitor if you wish but it is not necessary to do so and incurs extra cost. The transaction will be verified by one solicitor who is independent of both the buyer and seller.

Spring eliminated the usual period of uncertainty and delay by an independent solicitor completing all legal work upfront

No Gazumping

The longer the delay from offer to exchange, the greater the risk of buyer coming in with a lower offer - gazundering. Because Spring commissions a legal title report and a survey up-front, there are no post-offer delays.

The Spring Process

Spring Buyer's Questionnaire

The Spring Seller's Questionnaire is secure and password-protected. You will be required to provide all relevant personal information and property details to ensure that you are able to move and to satisfy money laundering regulations which enables a solicitor to provide an accurate and transparent report on the property.

You and your estate agent can track progress online whilst the reports are being gathered.

Mortgage

To sign the spring agreement you must (if needed) have a mortgage already agreed. If you do not have a mortgage in place, we can arrange one for you, subject to status, within 24 hours. You and your estate agent can track progress online whilst the reports are being gathered.

The Spring Property Pack

The Spring Property Information Pack is a thorough and reliable report on the title, condition and current market value of the property. It is prepared by property professionals for Spring.

The Spring Property Information Pack is prepared by independent solicitors and surveyors. It contains:

• A surveyor's report (prepared by an independent surveyor; guaranteed and covered by professional indemnity insurance)
• A Valuation
• A legal title report (prepared by an independent solicitor)
• Contract
• Fixtures and fittings list
• Title indemnity insurance policy (guaranteeing that the title to the property is free from defects)

* Spring property information pack is fully compliant with the Home Information Pack Regulations

Chainbreaking

Spring can free you from the chain and help you to move right away. In certain circumstances, Spring will facilitate the purchase of your existing property to enable you to buy your next home, if you are in danger of losing your dream house because you've been unable to sell your current home. Alternatively if you are in a chain the parties are not able to utilse this service, then the parties can make use of the Spring Central Exchange System, which will provide certainty of exchange date and completion. Speak to your estate agent to find out more.

What will it cost?

Whether you're selling a house or buying one, there are no up-front costs with Spring. You only pay when you complete on a house deal.

There are no 'add ons', on enhanced fees, not hidden extras on search fees, no additional charges to receive surveys.

Our charges are transparent and identifiable

As each property is unique, the searches that have to be undertaken will vary, as do the prices for those searches, for each region of England and Wales. By using our cost calculator each of the estate agents using our service will provide you with a perceived figure, which you will pay on completion.