Online Auction

ABOUT OUR ONLINE AUCTIONS

Auction is a transparent, efficient and cost effective way of selling property. We offer unconditional auction which is simple and hassle free for both seller and buyer.

Unconditional Auction: the highest bidder who has met the reservation fee at unconditional auction; the property exchanges contracts and the buyers and sellers enter a legally binding contract, which sees the buyer pay a 10% deposit within 24 hours. The buyer cannot back out and the completion period is usually 28 days from this point.

Benefits of Selling Via Our Online Auction

The benefits include the following:

  • You will be giving the opportunity to set up your own marketing time frame with an auction on any day of the year. This will help you to be in control of your auction.
  • We systematically market your property, by uploading your property on our website and property portals as well as on our database of registered bidders.
  • There are fixed dates for exchange and completion to provide certainty to both sides.
  • We keep you up to date on the auction activities on our site with how many people are watching your property and bids received.

Benefits of Buying At Our Online Auction

The benefits include the following:

  • You can bid from comfort zone, be it your own home or even on holiday. We offer 24/7 service.
  • Our transaction is transparent for both buyers and sellers.
  • Our transaction is transparent for both buyers and sellers.
  • If you are buying through our auction there is time of 28 days before exchange to apply for a mortgage or other finance.
  • here is no room for gazumping or re-negotiation.

How Do I Bid

All you need do before you bid in our action, is to register with us and accept our terms and conditions. You can go to the terms and conditions page to read it.

Any Other Questions

Please read our FAQ For further information or email us on info@auctionpropertiesuk.comand we will be glad to assist you.

PLEASE NOTE

There is a difference between buying property at auction and buying property privately. We always advice potential purchasers to check and make sure they understood all legal document including terms and conditions.