Buying and Selling at Auction

To ensure our team can fully support you, it’s important that you get in touch with us well in advance if you are considering buying a property at auction. This gives us time to thoroughly review the property’s auction pack, identify any potential issues and advise you on the risks before you decide whether to proceed. We recommend that you instruct us at least three weeks before the auction date, and earlier if you need a mortgage.

It is standard practice for successful buyers to reimburse the seller for the cost of searches. We also recommend you instruct a surveyor to carry out a survey. This is especially important if you are funding your purchase with a mortgage. Your lender will need to know that the property is sound, and discovering problems after you’ve committed to a purchase could result in your lender withdrawing their offer.

If your proposed purchase is in order and you place the winning bid, we will process the purchase and handle all registration and stamp duty land tax formalities.

We prepare a comprehensive legal pack for your property as required by the auctioneer. This gives prospective bidders all the information they need to decide whether to bid.

We then progress your sale and take it to completion, while liaising with your buyer’s solicitors throughout the transaction.