For many first-time buyers, the Help to Buy equity loan can be a lifeline to enter the property market. However, when it comes to purchasing a home through auction, questions arise about the compatibility of this form of financing with auction property financing requirements. In this article, we explore whether you can secure a Help to Buy equity loan for an auction property and what factors you need to consider.
Understanding Help to Buy Equity Loans
The Help to Buy equity loan is designed to assist buyers by providing a government-backed loan that can help cover part of the
Entering the auction market as a first-time buyer offers exciting opportunities, yet it also comes with pitfalls that can derail even the best-laid plans. For anyone new to property auctions, learning from the experiences of others and being aware of common missteps is crucial. Below is a comprehensive guide designed specifically for first-time property buyers. It highlights typical errors to steer clear of and shares practical property auction tips and tricks that can help secure a successful and profitable purchase.
Overview of the Auction Process for First-Time Buyers
For many first-time buyers, stepping into the property auction world can feel both exciting and overwhelming. One of the most critical aspects to master is understanding the legal landscape associated with auction purchases. This guide provides essential insights on navigating the legal aspects, from decoding the property auction legal pack to managing the complexities of the buying a property process.
Understanding the Legal Landscape for Auction Purchases
When entering the property auction market as a first-time buyer, it’s important to recognise that legal obligations and
An HMO, characterful gatehouse, detached buildings with potential, land with residential planning permission and a semi-detached house were among Essex lots sold at auction this week.
They were among is among 145 lots in the latest auction held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers which ended on Thursday 20 March.
A bidding war erupted before a vacant end-terrace house of multiple occupation (HMO) needing improvement in Romford was sold.
End-terrace 73 Brentwood Road finally went under the auctioneer’s gavel for £679,000.
The 46-lot catalogue features 12 properties with auction guide prices over £1m.
One of the larger lots on offer is the freehold interest in Neville House in Birmingham, a substantial 10-story office building situated in the heart of the city centre. The office and development opportunity comprises 28,176 sq ft and is being offered at a guide price of £3.25m, currently offering flexible office accommodation and benefitting from planning for a 72-unit aparthotel.
Charlie Powter of Acuitus comments: “This prime city centre investment offers a unique opportunity in the heart of Birmingham’s
More than £8,000 has been raised for a city charity at the 103rd Annual Charity Dinner held by Portsmouth Property Association.
The beneficiary isSpark Community Space, which tackles loneliness and operates out of a welcoming, safe community space in Fratton.
Two hundred property professionals attended the sell-out black-tie event, held at the Village Hotel, Cosham, and sponsored by HW Conveyancing Searches.
Guest speakerSusie Dent MBE, resident wordsmith for Channel 4’s popular game showCountdownand comedy panel show8 Out of 10 Cats, was sponsored by residential property agency
Symonds & Sampson’s first auction of 2025 was a near sellout, with bidders from all over the south of England competing to buy land and bricks and mortar.
Auction partner Meredith Wallis enjoyed watching the sale unfold. “We knew that there was a lot of interest from London, but we were surprised how many people came down the A303 and arrived by train. Visitors bid hard against potential buyers from within the region—some were successful, but local buyers were not to be outdone.
“Lots sold in Dorset, Devon, Hampshire, Somerset collectively raised over £2 million for
They are among is among 145 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers which ends on Thursday 20 March.
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A vacant end-terrace house of multiple occupation needing improvement in Romford is set to go under the auctioneer’s gavel[pic, lot no 113]
A ‘stunning’ Art Deco style former care home with 26 bedrooms in North Devon is going under the hammer with a £695,000 freehold guide price. (THURS MARCH 20)
Woodtown House is set in 3.6 acres of landscaped gardens and woodland at East-the-Water, on the edge of Bideford.
It is among 145 lots in the second auction of 2025 by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
Auction Appraiser Steve Appleby said: “This stunning Art Deco style former care home offers numerous possibilities including use as a
A block of five lock-up garages in a residential part of Frome are going under the hammer. (THURS MARCH 20)
The row at Hill Ground has a freehold guide price of £28,000 plus. It is among 145lots in the second sale of 2025 being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
Senior Auction Appraiser Audrey Smith said: “This block of five vacant garages with up and over doors and parking to the front is located in a predominantly residential area.
“It is likely to be of interest for private use or