Auction Properties For Sale

At auction, properties are sold to the highest bidder. Once the hammer falls, the sale is legally binding — you must pay a 10% deposit immediately and complete within 28 days.

Auction properties are often 10-20% below market value because they typically need work or have complications that make them unsuitable for the open market. The time pressure also reduces competition.

Yes, auction houses arrange viewing days before the sale. You should always view the property, get a survey, and arrange finances before bidding. The legal pack is available in advance for your solicitor to review.