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Everything You Need to Know

How to Buy at Auction

Once you’ve registered for an auction, placing your bid is easy. With an online auction you can bid from your phone or computer in the comfort of your own home.

How To Bid at Auction

Step 1

Find your ideal property by searching our current properties or speaking to your local Auction Expert

Step 2

Arrange to view the property, or properties, you are interested in. Your local Auction Expert will arrange and accompany you on all viewings.

Step 3

In order to bid and download a property’s Legal Pack, you need to register, complete the required ID checks and provide your bank details.

Step 4

Download the Legal Pack for the property you are interested in bidding on. Read through the details and provide a copy to your solicitor ahead of the auction.

Step 5

Prepare for the auction: make sure your circumstances meet any legal requirements and that you have the funds available to pay the deposit and fees. Remember, if you are successful, your bid is legally binding.

Step 6

On the day of the auction, log in to your account and place your bids online from the comfort of your own home.

Step 7

If you’re the winning bidder, and dependent on the method of auction, you will need to pay the Buyer’s Premium and deposit. You may also need to sign a Reservation Agreement. Our team will be in contact to help you through the process.

 

Thinking of buying your next property at auction? Get started today by completing the form below.

 

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