Is Springbok Properties Legit? An Honest, Checkable Answer

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    By Dan Green, Home Selling Expert Founder
  • 4 minutes read
Is Springbok Properties Legit? An Honest, Checkable Answer

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I'm a property expert that still remembers the days when having broadband was a selling point! My articles cover issues that homesellers face in the UK and answer the questions we're all asking. I've bought and sold properties and helped others do the same, so my writing comes from years of experience.

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Yes — Springbok Properties Ltd is a real, registered UK company (Companies House number 09045757, registered office in Manchester), a member of the National Association of Property Buyers, and registered with The Property Ombudsman.

Key takeaways

  • Springbok Properties Ltd is registered at Companies House under company number 09045757, at Suite 7n Chester Road, Old Trafford, Manchester, M32 0RS — you can check the register free, in about two minutes.
  • Springbok is a member of the National Association of Property Buyers (NAPB), formed in 2013 after the Office of Fair Trading’s quick-house-sale study, and is registered with The Property Ombudsman (TPO), whose Code of Practice for property buyers took effect on 1 July 2014.
  • Springbok has helped more than 19,000 UK homeowners since 2012 and has 11,700+ verified reviews.
  • The honest trade-off: a Springbok cash offer is typically around 75–85% of market value (roughly 80% on average) in exchange for completion in 7–21 days. You get less than the open market. That is the deal, and anyone who tells you otherwise is selling you something.
  • There is no statutory regulator for property buying companies in the UK, so verification is on you — which is exactly why every claim on this page is one you can check on someone else’s website.

If you have typed “is Springbok legit” into Google, you are doing the right thing. The quick-house-sale sector has no statutory regulator, and plenty of businesses in it are marketing fronts rather than buyers. So this page is written to be checked, not believed. Every factual claim below points at a public register, an ombudsman, or an independent review site — none of which we control.

Who are Springbok Properties and how long have they been trading?

Springbok Properties is a UK property buying company that buys homes directly from owners and also markets them to an investor network, depending on which route a seller chooses. The trading entity is Springbok Properties Ltd, company number 09045757, registered at Suite 7n Chester Road, Old Trafford, Manchester, M32 0RS.

Springbok has helped more than 19,000 UK homeowners since 2012 and holds 11,700+ verified reviews, which makes it one of the most-reviewed direct cash buyers in the country. Sellers choose between three routes — Cash Sale, Fast Cash and Fixed Price — which trade price against speed in different ways. Knowing which one you are on matters enormously, and we come back to that below.

Real Springbok sellers — selling from a distance

How can I verify Springbok Properties without taking their word for it?

Four checks, all free, all on websites Springbok does not own. Do them before you speak to anyone — here or elsewhere.

  1. Companies House. Search the free register for company number 09045757. You are looking for: status “active”, a real registered office (not a mailbox), accounts and confirmation statements filed on time, and named directors. A company that has filed properly for years is a very different proposition from one incorporated last spring.
  2. The NAPB register. Go to napb.co.uk and search the member list yourself. Do not accept a logo on a company’s own website as proof — badges are trivially faked, and register entries are not. Membership is voluntary and only open to firms that actually buy property.
  3. The Property Ombudsman. Use the business search on tpos.co.uk. A TPO registration means there is a free, independent body you can escalate a complaint to if the company will not resolve it — and that the firm is bound by the TPO Code of Practice.
  4. Independent review sites. Read reviews where the company cannot delete them, and read the one- and two-star ones first. Our own reviews page aggregates them, but the point of this exercise is to go to the source. We also publish write-ups of our competitors in our company reviews so you can compare like with like.
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Two more checks that apply to any buyer, including us: ask for proof of funds dated in the last 30 days, and instruct your own solicitor — one you find yourself and verify on the Solicitors Regulation Authority register. Whatever route you take, the transfer of ownership is registered at HM Land Registry exactly as in any other sale. If a firm resists any of this, that is your answer. Our guide to we buy any house scams and how to avoid them covers the rest of the playbook.

What does Springbok actually pay, and why is it below market value?

A Springbok cash offer is typically around 75–85% of market value, roughly 80% on average, completing in 7 to 21 days. On a £200,000 home that is broadly £150,000–£170,000. This is the part of the answer most “is it legit” articles bury, so here it is plainly: you will get less than you would on the open market.

Why? A direct buyer takes on the stamp duty (including the additional-property surcharge), any refurbishment, months of holding costs and the fees on resale — and carries the risk that the market moves against them. That discount is the price of certainty, not a trick. What it should never be is a moving number: a strong offer that gets quietly cut just before exchange is the single most common complaint in this sector, and it is a reason to walk away from any buyer who does it.

The Fixed Price route works differently: your home is marketed to an investor network for a higher figure, over a longer timescale. It is not a seven-day sale, and it should never be described to you as one. If speed is not your constraint, that route — or the open market — will usually net you more. We set the numbers out in full in how much below market value cash buyers pay and house buying company fees.

How does Springbok compare with a lead-generation broker and the open market?

Most of the horror stories about “we buy any house” firms involve lead generators — companies that never buy anything, but sell your details on. Here is the honest three-way comparison.

Check Springbok Typical lead-generation “broker” Open market (estate agent)
Who actually buys Springbok directly (Cash routes), or a vetted investor network (Fixed Price) — told to you upfront Unknown third party, found later A member of the public, usually with a mortgage
Where the funds come from Own funds; proof available on request None held — they are not the buyer Buyer’s lender, subject to survey and approval
Fees to you None; legal, valuation and survey costs covered Varies — watch for upfront or “admin” fees Agent commission plus your own legal fees
Time to completion 7–21 days on a cash sale; longer on Fixed Price Weeks to months — depends on finding a buyer Typically months; around 24% of agreed sales fall through
Redress route The Property Ombudsman (free, independent) Often none — check before you engage The agent’s own redress scheme
Verifiable in public registers Companies House 09045757, NAPB, TPO Frequently not on the NAPB register Agent must belong to a redress scheme
Price you receive Around 75–85% of market value on a cash sale Quoted high, often reduced before exchange Full market value, if the sale holds together
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Read that last row and the speed row together — that is the entire decision. If you have months to spare and a straightforward property, an agent will net you more; see cash buyer vs estate agent and what it really costs to sell a house before you decide. If a deadline is driving you — a repossession hearing, a probate deadline, a chain about to collapse — certainty is worth more than the last few percent.

What are the common criticisms of quick-sale companies, and do they apply here?

Three criticisms come up repeatedly across the sector, including in reviews of Springbok. All three are worth taking seriously.

  • “The price was lower than I expected.” Sometimes this is a genuine grievance about an offer being reduced. Sometimes it is a seller who was quoted a market valuation and then received a cash offer at ~80% of it. Protect yourself by asking, in writing, for the market valuation and the cash figure side by side, and what would cause the cash figure to change.
  • “I thought they were buying it themselves.” This is the Cash versus Fixed Price confusion, and it is the fairest criticism of the whole sector. Ask one question — “is your company buying my house, or are you marketing it to someone else?” — and get the answer in writing before you sign anything.
  • “It took longer than they said.” A 7–21 day timescale applies to a funded cash purchase. Marketed routes take longer, and any sale can be delayed by searches, a missing lease or a probate grant. Ask what the timescale is for your route, and what happens if it slips.

None of those are reasons to avoid a quick sale. They are reasons to be specific about which product you are buying. For the wider picture, see are cash house buyers legit? and our guide to house buying companies.

What should I expect, step by step?

A Springbok sale runs through independent solicitors and HM Land Registry like any other. Here is the sequence.

  1. Enquiry. You provide the address and a few details. No fee, no obligation, no commitment.
  2. Valuation and offer. We assess condition, location and recent local sales, then give you a market valuation and a cash figure — and tell you which route each figure relates to.
  3. You choose the route. Cash Sale or Fast Cash for speed at around 75–85% of value; Fixed Price for a higher figure over longer. Take the paperwork away and read it.
  4. Solicitors instructed. You use your own conveyancer; we cover the legal, valuation and survey costs. You are never asked for money upfront.
  5. Searches, contracts, exchange. Standard conveyancing. If the figure changes at this stage, you should be told exactly why, in writing.
  6. Completion. Funds transfer, the sale is registered at HM Land Registry, and you get the keys handed over on your agreed date.
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If you are up against a lender’s deadline, stopping a repossession is one of the few situations where the speed genuinely outweighs the discount. Otherwise, weigh it against selling without an estate agent, our we buy any house service, the sell house fast route, and the rest of the market in the best house buying companies in the UK.

Real Springbok seller — Anne

Frequently asked questions

Is Springbok Properties a real company?

Yes. Springbok Properties Ltd is registered at Companies House under company number 09045757, with a registered office at Suite 7n Chester Road, Old Trafford, Manchester, M32 0RS. You can look up the incorporation date, directors, filing history and registered address yourself on the free Companies House register before you contact us.

Is Springbok Properties regulated?

There is no statutory regulator for property buying companies in the UK. Springbok is a member of the National Association of Property Buyers, formed in 2013 after the Office of Fair Trading’s quick-house-sale study, and is registered with The Property Ombudsman, which gives you a free, independent complaints route.

How much does Springbok Properties pay for a house?

A Springbok cash offer is typically around 75–85% of market value, averaging roughly 80%, with completion in 7 to 21 days. Our Fixed Price route markets your home to an investor network for a higher figure over a longer timescale. Neither route charges you a fee.

Does Springbok Properties charge any fees?

No. Springbok charges the seller no fees and covers your legal, valuation and survey costs. There is no estate agency commission and no upfront payment of any kind. If any company asks you for money before completion, that is a warning sign — walk away and check them independently.

What are the most common complaints about quick-sale companies like Springbok?

The three that come up most are price, timescale and clarity about which route you are on. A cash sale pays below market value, the Fixed Price route takes longer than a cash sale, and sellers who confuse the two feel misled. Ask which route you are being offered, in writing.

The bottom line

Springbok Properties is a legitimate, registered, NAPB-member, TPO-registered UK buyer with a long trading history and a large body of public reviews — and none of that is a reason to accept our offer. The reason to accept it is if speed and certainty are worth roughly 20% of your home’s value to you right now. If they are not, sell on the open market; you will get more. Either way, verify us on Companies House, the NAPB register and TPO before you decide. A company worth selling to will never mind you checking.

By Dan Green, Home Selling Expert Founder

author

By Dan Green, Home Selling Expert Founder

I'm a property expert that still remembers the days when having broadband was a selling point! My articles cover issues that homesellers face in the UK and answer the questions we're all asking. I've bought and sold properties and helped others do the same, so my writing comes from years of experience.

Read Full Bio >

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