Latest articles
How to withdraw from an auction and what it costs
Navigating the world of property auctions can be challenging, especially when it comes to withdrawing a bid. This article explores the ins and outs of the withdrawal process, including potential fees and tips to ensure a smooth experience.
What happens after you win a bid at auction?
Winning a bid at a property auction is just the beginning of a thrilling journey into home ownership. Discover the essential next steps you must take after your successful bid, from deposit payments to completing the transaction. Equip yourself with knowledge to ensure a smooth transition into your new property.
Should you sell your property at auction? What to consider
Thinking about selling your property at auction? Explore the key factors to consider before making your decision in the UK property auction market.
Glossary of UK Property auction terms explained
Below is a comprehensive glossary that explains key terms used in UK property auctions. This guide is designed to help you understand the vocabulary and processes involved, so you can approach an auction with confidence.
Why properties go to auction in the UK
The UK property market is complex and diverse. While the majority of homes change hands through traditional estate agents, a significant—and often growing—number are sold via property auctions. Auctions provide a fast, transparent, and legally binding alternative that appeals both to sellers facing challenges on the private market and buyers seeking unique investment opportunities.
Buying a house at auction: what every first-time buyer needs to know
Buying a house at auction can feel exciting, fast-paced, and—if you're lucky—profitable. But for first-time buyers, it can also be intimidating. With no cooling-off period, tight deadlines, and legally binding commitments, auctions are not for the faint of heart.
What’s in a legal pack? Understanding the documents behind UK property auctions
When buying or selling a property at auction in the UK, the legal pack is one of the most important parts of the process—yet it's often overlooked by novice buyers. These documents provide crucial insights into the legal and practical condition of the property and can protect you from expensive mistakes down the line.