Samar Shaheryar is Co-CEO of Spring, the UK’s largest homebuying service. Born and raised in New York, she spent her first decade in investment banking before transitioning to entrepreneurship. In 2012, she founded Baby Hero, a socially responsible e-commerce venture selling organic, ethically produced children’s clothing that funded clean birth kits and life-saving medical products for mothers and infants in developing nations.
In 2018, Samar joined National Property Trade in the UK (later rebranded as Spring) to revamp its digital marketing. Her role quickly expanded into broader transformation projects, and she became Chief Operating Officer in 2019. In January 2023, she was appointed Co-CEO alongside Shane Miller-Bourke. Under her leadership, Spring has transformed the UK property market by offering homeowners a guaranteed sale with completion dates to suit their needs, protecting them from the uncertainty and emotional strain of collapsed property chains. The service is particularly popular with those downsizing into retirement homes. In 2025, Spring signed major partnerships with UK housebuilders, allowing them to offer the service directly to their customers.
Spring has grown to become the UK’s largest home-buying service under your leadership as Co-CEO. Could you explain how the guaranteed home-buying model works and what made you recognise the significant market opportunity that existed in transforming the traditionalĀ propertyĀ buying process?
“Put simply, Spring can buy your home from you on a date of your choice, as quickly as you need.Ā We buy theĀ homeĀ 10-15%Ā below market valueĀ and sell it on the open market ourselves, taking theĀ margin as profit.Ā
“From the customer’s viewpoint, they have a guaranteed offer with no risk of fall-through, a firm move date,Ā no stress around updating their home for a saleĀ as we buy as-is,Ā andĀ noĀ hassle around estate agent viewings.Ā It isĀ far less stress to sell to us.Ā Many customersĀ that come through us viaĀ new homeĀ developersĀ end up getting close to market value as theyĀ receive incentives on their onward purchaseĀ from the developer.Ā
“In order toĀ trade homesĀ efficiently and profitably, weĀ need to beĀ excellentĀ atĀ valuingĀ them. If we value a home too low, the deal wonāt complete and if we value it too high, we will lose money. Unlike mortgage providerĀ and estate agency valuations, our money isĀ directlyĀ on the line withĀ ourĀ valuation. ThisĀ hasĀ meant a drive toĀ buildĀ smart technologyĀ like SpringIQ, our proprietary valuation platform,Ā whichĀ hasĀ helped make aĀ SpringĀ home valuationĀ measurablyĀ more accurate thanĀ RICS (Royal Institute of Chartered Surveyors)Ā orĀ commonly usedĀ asset managers.Ā
“We believeĀ the bestĀ outcomes come fromĀ combiningĀ technology with humanĀ intelligence, unlike otherĀ valuationĀ models that are purely AI driven, soĀ haveĀ developedĀ ourĀ exceptional underwritingĀ team as determinedly asĀ we have developedĀ our technology.
“The opportunity in thisĀ industryĀ comes from the tremendous inefficiencies in the UK residential property marketĀ which, at an average of six months,Ā has one of the slowest home selling processes in the OECD, nearly three times slower than the US.Ā This relatively glacial pace creates a great deal of uncertainty for home sellers who are under any sort of time pressure. More frustratingly,Ā fall-throughsĀ are very common in the UK, with one in 3 homes experiencing an offer pulling out, which resets theĀ 6-to-9-monthĀ clock to sell a home.Ā Spring is able to alleviateĀ much of the madness of the UK home selling experience.”
Your career has taken you from investment banking in New York to founding the socially responsible Baby Hero, and now leading Spring. What’s your secret to rapidly mastering new sectors and building expertise that allows you to lead and transform entire businessĀ categories?
“My career has been connected by a driveĀ to challenge myselfĀ in all the sectors in which I have worked.Ā IĀ likeĀ dynamic environmentsĀ and really enjoy theĀ buildingĀ ofĀ businesses, working on growth and people strategy in particular.Ā
“Everyone learns differently, and my brainĀ gets switched on byĀ throwing myself in at the deep end of projects, whereĀ research is neededĀ to succeed.Ā That research often comes via books.Ā I read, a lot,Ā across many genres from history to business toĀ fiction.Ā Books are a great way to expose myself to bigger ideas,Ā questionsĀ andĀ points of viewĀ and they play a significant role in my ability toĀ leadĀ change.Ā
“Ultimately,Ā IĀ believeĀ skillsĀ oftenĀ trump experience.Ā Fresh thinking, bold actionĀ andĀ the humility to know what you donāt knowĀ are the building blocks of transformation.”
You and Shane Miller-Bourke have demonstrated how effectively the Co-CEO model can work since January 2023. What advantages has this leadership structure brought to Spring, and how has sharing the top role actually strengthened your strategic execution andĀ decision-makingĀ capabilities?
“I am an advocate of the co-CEO model, which has been adopted by companies such as Spotify, Netflix and Oracle and according to a Harvard Business School study of 87 public companies results in better financial performance (9.5% average return vs 6.5% average return). Modern organisational leadership requires an enormous set of skills from relational and cultural to technical and operationalĀ and it isnāt realistic to expect all these qualities in a single person.Ā
“Co-CEOs bring a larger set of abilities/experiences to the table, which means we can prioritise effectively, focusing on different parts of the business when conditions require. When our views differ, we have to bring strong arguments for our side and canāt fall back on our title/hierarchy. Not only does it make us better at our jobs, we make better decisions as a company.
“We also make decisions faster as we split the companyās reporting lines, allowing us to take responsibility for half the day-to-day decision-making. Other benefits include less burnout, greater resilience, broader representation at industry events and more bandwidth for concurrent projects.”
Baby Hero pioneered ethical e-commerce by funding clean birth kits and medical products in developing nations whilst building a successful children’s clothing brand. Now leading a major property enterprise, how have you continued championing purpose-drivenĀ businessĀ alongside commercial growth, and what exciting opportunities do you see for profit and purpose to amplify each other’s impact?
“I learned a lotĀ buildingĀ a social enterprise,Ā most importantĀ of whichĀ wasĀ toĀ have a clear revenue modelĀ and plan before anything else, includingĀ beforeĀ designing impact. MostĀ purpose-driven businesses focus on their purpose first but many of those goals remainĀ unrealised as the revenue modelĀ receives less attention.Ā Financial sustainabilityĀ comesĀ first, impact second.Ā
“I have also learned that it isnāt necessary to have a purpose-driven model in order to make a significant positive impact, and this abilityĀ toĀ do businessĀ ethicallyĀ isĀ possible forĀ every company.Ā Indeed,Ā if all companiesĀ were built thoughtfully, withĀ humans and communities in mind, we would likely be in a far better, more stable world than we are now.
“Spring is not a social enterpriseĀ but we haveĀ builtĀ itĀ with purpose in mind, in particularĀ our responsibility to our employees,Ā to property sellersĀ who use our services, and to the community in which we live.Ā When we provide aĀ transparent,Ā principledĀ andĀ positive environment for ourĀ team,Ā weĀ are, by extension taking care of them, their mental and physical health, their families.Ā In turn, our belief is thatĀ employees who haveĀ a great experienceĀ build greatĀ experiences for our customers.Ā This is evident by ourĀ industry-leadingĀ net promoter scoreĀ of 89Ā supportedĀ byĀ a team, 96% of whom, recommend us as a great place to work.
“Many ofĀ the people who use our services areĀ elderly as it is a popular product for those moving into retirement homes.Ā This comes with significant responsibility asĀ there can be many vulnerabilitiesĀ forĀ our older customers.Ā As a result,Ā we make sure our team have all had Dementia Friends training as well asĀ Samaritans training for active, empathetic listening.Ā There are many other ways we buildĀ care for our customers throughout their journey, as we know what aĀ stressful time it is for many of them.Ā
“Again, this care in the design of ourĀ customer journey isĀ what purpose looks like.Ā And this is what I think the future of purpose is in business.Ā Human-centred designĀ at every part of the customer journey,Ā employee experiences thatĀ help them thrive in theirĀ life, not just at work.”
You joined what was then National Property Trade in 2018 to revamp digital marketing, became Chief Operating Officer within a year, and Co-CEO by 2023, which is an impressive progression. What capabilities and vision did you bring that accelerated your journey to the executive suite, and what advice would you give to ambitious professionals looking to fast-track their own leadership trajectory?
“When I joined weĀ were a small company with a need forĀ professionalisationĀ in an industry withĀ a poor public image.Ā I initially joined toĀ applyĀ myĀ digital marketing experience from Baby Hero to NPTās lead generation.Ā Once that work was done,Ā other aspects of the businessĀ needed improvement,Ā from the customer journey toĀ employeeĀ management.Ā
“When I joined,Ā 10% of the company was women, and within aĀ fewĀ yearsĀ weĀ had grown to 50%.Ā Eventually,we moved to a co-CEO modelĀ to create bandwidth at the leadership level. We also work in tandem withĀ our Executive Director and co-founder of the company, CormacĀ Henderson, who runsĀ many of our most important transformations.
“If I were to give advice toĀ ambitious professionals to fast-track their career, it would beĀ toshadow as many people as you can inĀ yourĀ company,Ā toĀ understandĀ the details of how it works.Ā This knowledge accumulates,Ā connectingĀ diverse strands andĀ results inĀ theĀ great ideas that can turbo-charge your career.Ā Relatedly,Ā become an excellent listener, in tuneĀ toĀ the needsĀ of the team.Ā Removing obstacles from the path of employees is one of the best uses of time and effort.”
Your openness about balancing demanding leadership responsibilities with being a working parent has resonated with many professionals. How have you built systems and a culture at Spring that allows high-performers to excel in their careers whilst honouringĀ theirĀ personal commitments, and what success have you seen from this approach?
“When I started at NPT, building the right culture for our future success was a significant priority. Today, 96% of our employees recommend us as a great place to work, which we know because we survey them every year andĀ create an annual list of actions based on theirĀ responses.Ā This comes back to that very important theme of listening.Ā We also areĀ goodĀ at recognising our employees strengths andĀ being comfortable with theirĀ differences.Ā
“WeĀ encourage diversity ofĀ background, experience and thoughtĀ and knowĀ it is an important part of building an innovative company.Ā Our teamĀ includesĀ aĀ significant amount of neurodivergent employees,Ā and we haveĀ continuous open dialogue about how to accommodate needĀ for every brain to work at its best.Ā
“Being human-centred, family-friendly comes naturally to us and all employees know they have flexibilityĀ for the demandsĀ and pleasuresĀ of theirĀ personal life.Ā The teamĀ is relentlessly considerate of each other, which has made Spring a wonderful place to work and has allowed us to keep bringing in excellent talent.Ā We have almost noĀ employeeĀ attrition.
“This isnāt always a positive, but for now,Ā as we continue in growth mode, there are increasing opportunities for the team, many of whom have moved to different rolesĀ as part of their career growth.Ā WeĀ have built a valuedĀ career progression pathwayĀ thatĀ allows our team to keep movingĀ forward with their ambitions. This is especially important forĀ a small company which canāt always offer the same breadth of opportunities as a large company can.
“AnotherĀ tool we have usedĀ to createĀ an aligned and happy workforceĀ isĀ the psychometricĀ testĀ calledĀ āWorking Geniusā. The entire company is mapped according to this scale that measuresĀ the type of workĀ thatĀ gives usĀ energy and drains energy. It has allowedĀ usĀ toĀ build well-balanced teams, staff projects withĀ peopleĀ who hold a particular strength andĀ toĀ give our team the ability to workĀ with their strengths.Ā All companies should have this type of understanding of theirĀ employees.”
Reflecting back on your career from Wall Street to Co-CEO of Britain’s largest home-buying service, what achievements are you most proud of, and what ambitious goals are driving Spring’s next chapter of growth?
“Ultimately,Ā for me,Ā having a positiveĀ impact on people is far more importantĀ than any otherĀ work achievement.Ā “HaveĀ I been a good colleague?Ā AĀ goodĀ mentor andĀ boss?Ā Have the products I have worked on made the lives of our customers better, easier?”Ā This is how I measureĀ myĀ achievements,Ā andĀ I see it as aĀ never-ending target, something I need to show up and work on every day.Ā
“Our 2019 fundraise was monumental for us as a business as it allowed us to keep the lights on during Covid, without needing toĀ make anyĀ staff redundant, and as a resultĀ weĀ pickedĀ up business whenĀ our competitorsĀ faltered.Ā Likewise, afterĀ theĀ UKāsĀ mini-budget whenĀ cost of fundsĀ soared,Ā we did an excellent job managing risk and customer needs.Ā IĀ am proud of helping build a fantastic working cultureĀ at SpringĀ that has led to a loyal and happy team.Ā
“Of course I co-founded a purpose driven company as well and in that time IĀ am so pleased we were able toĀ fundĀ tens ofĀ thousands ofĀ birth kits forĀ deprived mothers and newbornsĀ in rural Pakistan and Kenya. IĀ hope thatĀ those babies grow up healthy andĀ loved andĀ contribute to the betterment of their community.Ā That would be the bestĀ achievement of all.
“Springās next chapter of growth isĀ about buildingĀ greaterĀ efficiencyĀ and customer easeĀ throughĀ automationĀ andĀ digitising more of the customer journey. We are also working onĀ ways toĀ speed upĀ theĀ conveyancing of properties we are buying and selling.Ā We continue toĀ fundraiseĀ for growth, both in our current model and for new lines to the business.”
