Who Are WeBuyNow?
WeBuyNow is a trading name of Springbok Properties.
What services do WeBuyNow provide?
WeBuyNow’s website doesn’t offer much detail about their services, but they suggest they can pay ‘up to 100% of market value’ and enable you to sell in ‘7-21 days’.
What is the buying process for WeBuyNow?
WeBuyNow’s website – webuynow.co.uk – doesn’t provide much information about their buying process. However, if you google ‘WeBuyNow reviews’ it will take you to another page of their website: webuynow.co.uk/reviews. On this page, the company goes into a little more detail about how they operate.
According to this area of their website, WeBuyNow “facilitate sales agreements within 30 days for 56% of their clients”. It’s important to note some of the language they use here. They ‘facilitate’ sales – this suggests they are finding a buyer for your property and not buying it directly. They also refer to ‘sales agreements’, not sales completions. This suggests they find buyers for 56% of their clients within 30 days, not that 56% of their buyers complete the sale of their property within 30 days. Finding a buyer does not guarantee a property sale.
A genuine cash homebuying company will be able to complete the sale of your property in 7-14 days. What WeBuyNow is referring to on their website appears to be a very different service.
Their website goes on to say: “We Buy Now relies on buyer enquiries for much of their business – so there is still the chance of your sale falling through…They are also unable to guarantee a precise sale time”. This makes it clear that the service being offered by WeBuyNow is not a genuine direct cash homebuying service. Unless they are buying your property directly with their own cash funds, a company will be unable to offer you any certainty around speed of sale or the price you will achieve.
How much below market value do WeBuyNow offer?
It’s unclear how much WeBuyNow pay for properties. Their website says they can pay ‘up to 100% of market value’, but their customer reviews suggest that this applies to their online estate agency service rather than a ‘quick sale’ option.
WeBuyNow customer reviews
WeBuyNow Reviews Trustpilot
WeBuyNow Trustpilot review score: We were unable to find any WeBuyNow reviews on Trustpilot. WeBuyNow is a trading name of Springbok Properties Limited. When WeBuyNow refer to a high number of customer reviews on their website, they seem to be referring to reviews left for Springbok. For this reason, we have also looked at Springbok customer reviews. Springbok have a Trustpilot score of 4.3/5 based on 3,447 reviews.
Although they have a relatively high score on Trustpilot, the majority of their reviews refer to an online estate agency service. We couldn’t find any reviews that mentioned a quick cash home sale service.
If a company is not buying your property directly with their own cash funds, they’ll be unable to offer you any guarantees around when your sale will complete or what price you’ll achieve.
Trustpilot reviews suggest that most customers choose to use the company for an online estate agency service. In their customer review responses, the company says that they target buyers who do not have a property to sell in order to complete the sale. Whilst, in theory, this should speed up a property sale and avoid property chains, sales will still likely take months rather than weeks and will not be guaranteed. This seems to be reflected in the reviews left. One customer suggested that the ‘quick sale’ they were after with Springbok was now running into its 12th month.
Their less positive reviews also mention some other worrying issues.
Several customer reviews mention being tied in with contracts and having ‘applications’ placed on their property titles with Land Registry. Whilst contracts are standard for an estate agency, they are a major red flag for a quick sale company, so homeowners should be wary if they’re asked to sign a contract when they think they’re signing up for a quick cash sale.
The company’s ‘call centre’ business model also attracts criticism in customer reviews. Customers report struggling to get hold of members of staff and leaving multiple messages that get ignored.
Referring to their online estate agency service, would-be buyers report being unable to book viewings, get any information about properties for sale, or make an offer on a property. Several also mention staff not turning up for property viewings or agents not knowing key information about the property they are showing. If these reviews are accurate, these practices are likely to have a significant impact on your property sale. Difficulty booking viewings and making offers will impact both the speed of your sale and how much you achieve for your property.
Springbok have responded to 99% of negative reviews left in the last 12 months. They have also requested for 110 reviews to be removed during that time period. Of those 110 requests, 75 were rejected, 30 were removed because Trustpilot couldn’t get hold of the reviewer, and 5 were removed after Trustpilot found them to be in breach of guidelines.
WeBuyNow Reviews Google
WeBuyNow Google review score: Again, we couldn’t find any WeBuyNow Google reviews. As WeBuyNow seem to consider Springbok reviews their own, we once again did the same. Springbok Properties score 4.1/5, based on 1,403 reviews.
Customer reviews on Google largely mirror those on Trustpilot. They have a fairly high score overall, but the negative reviews raise some serious concerns.
Several customers mention promises of quick sales that never materialise, being asked to sign contracts that tie you into using their services, and charges against properties with Land Registry that prevent you from selling to anyone else.
Contact Us
0800 068 3366[email protected]
Quick Move Now Ltd
Unit 9,
Coped Hall Business Park,
Royal Wootton Bassett,
Swindon, SN4 8DP