It's important that you view a property before you bid for it at auction. There are so many things to consider and often the most important questions are forgotten.
Ask the relevant questions by taking our helpful checklist with you on your viewing. It may also be useful to take along the property details supplied by the auctioneer to ensure that their information is accurate.
Also check the property for signs of subsidence and confirm that the exterior is in good condition especially the roof and drainage. Double check the boiler, electrics and plumbing in the property and make sure they are
If you’re moving house, the first thing to do is finalise your moving date, and then you can start ticking things off your checklist. Use our guide below so you don’t forget anything:
Four weeks before you move house:
Book a removals company as soon as possible. This will guarantee you get the date and the company you want. Keep in mind that weekend moves are likely to be more expensive.
Check your home contents insurance policy to see what cover you have regarding moving home. Your removal company may provide this if you are not covered.
The main advantage of buying a property at auction is that you avoid the lengthy process of buying a house in the traditional way. At auction, the process happens in a matter of minutes rather than months and when the hammer falls, you own the property.
The other many benefits of buying property at auction are listed below. If these don't convince you, nothing will!
Low prices
Auctions really do offer the chance to secure property at bargain prices. Thousands of properties are sold at auction in the UK every year - and many are hard to value, meaning they often sell at below market value. You
So today we’re going on a trip to Somerset, and this is a perfect example of great things coming in small packages!
This charming property has a wonderful quirky exterior, having originated from conversion of an outbuilding, and it really is well worth taking a moment to really look at the images with this one. There is a multitude of lovely little details and features to this exterior. It doesn't take long to spot those stunning and unusual shaped eaves on the side elevations for example. But my personal favourite is the eye catching use of exposed brickwork as means to highlight and add
UK house prices increased by 1.1% between September and October and re up 2.8% quarter on quarter and 9.7% year on year, the latest property index shows.
This means that the average house price is now over £200,000 at £205,240, according to the Halifax index data and the report says that house price optimism remains high.
The 1.1% monthly rise followed a previous month’s fall of 0.9% and the market is up and down with the quarterly figures being more reliable in terms of indicating overall trends, according to Martin Ellis, the Halifax’s housing economist.
Sales at Auction House London hit a record high this week at its sale at the Landmark London Hotel (Tuesday 27 October 2015), with a total value of £25,472,120.
The most significant lot in the sale reached £4.9m before being sold – breaking a second record for the award-winning brand by becoming the highest value property ever sold by Auction House London. The empty site in the centre of Luton had a guide price of £4.5m. It is close to the university and has planning permission to build accommodation for 180 students, plus 84 flats and an area for shops.
A property auction can be a thrilling and efficient way to sell property fast, and secure a guaranteed sale.
Exchange contracts on property auction day
Sale guaranteed upon fall of the hammer
10% deposit paid immediately
Completion within 20 working days
Maximises sale value
Although property auctions have historically been used for sales of repossessed homes, they are growing in popularity amongst vendors of all kinds of properties looking for quick sales. Using a property auction is the fastest way to sell. If you want a quick sale or have a deadline to meet, then a
Homes Under The Hammer host and property expert, Martin Roberts' property auctions roadshow commences next week.
Martin has helped create a training course, based on his best selling book "Making Money from Property", that will put you in the best possible position to benefit from property investment. From spotting bargains and the hints and tips of buying at auction, to negotiating finance and running a successful portfolio. The market is on the move. Act now to make sure you don't miss the boat!
Hundreds of buyers crowded into Romans’ sale room on 28th October at the Green Park Conference Centre in Reading to witness a catalogue of interesting and rare lots being sold.
Romans’ latest auction proved yet again to be highly successful, with a packed sale room and 100% of the lots selling at or above their guide prices - some for significantly higher prices than their reserves.
Simon Clayton, Romans’ Auctions Director, comments: “We experienced some fierce bidding wars, specifically for the lots located in property hotspots, such as Farnham, Windsor, Camberley and Sunbury-on-Thames. These
Moving Home
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
