Selling Property At Auction

Selling Property At Auction

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 property auction could well be right for you.

Once the hammer has gone down the property is sold but, most importantly, contracts are exchanged on the day of the sale as no further negotiation is permitted. That means the entire sale process – from instruction to exchange of contracts – is achieved within as little as 28 days.

There are a number of types of property suitable for sale by auction, including:

        Houses and flats in need of modernisation and updating

        Properties with tenants in situ

        Repossession Property that need a quick sale in order to repay a debt

        Vacant property suitable for investment

        Commercial Property – vacant or let

        Building Plots or Development Opportunites

        Paddocks or Amenity Land

        Garages or Disused Buildings

        Ground Rents

        Properties that are hugely in demand or have a large number of interested parties

        Properties for which it is hard to find a buyer through a more traditional route

        Unique or unusual properties which are hard to value

If you want to know more, have a quick read of our step-by-step guide to selling your property at auction.

And if you want to take it one step further, and have a chat with one of our friendly auctioneers, then send us a few details via our property enquiry form, and a member of the auction team will give you a call. Or if you want to leave a message, requesting a call back then phone 0845 053 6906.

 

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