Auctions

Auctions

Sold under the hammer

Speed and certainty, when a fixed timetable matters more than a top price

Why auction

The right route for the right property

Auction is not a second-best option. For the right property it is simply a better mechanism — the buyer is committed on the day, the completion date is fixed, and the uncertainty that drags a private treaty sale out for months is removed entirely.

It suits probate sales, tenanted stock, properties needing work, land and anything where the market value is genuinely hard to call. It suits sellers who need a date they can plan around.

How it works

From entry to completion in about eight weeks

01

Appraisal

We give you a realistic guide price and a reserve, and tell you honestly whether auction is the right route at all.

02

Legal pack

Your solicitor prepares the pack before the catalogue goes live. This is the step that most often delays a sale, so we start it early.

03

Marketing

Four weeks in the catalogue, on the portals and in our window, with block viewings arranged.

04

Auction day

Bidding is live and online. If the reserve is met, contracts are exchanged on the fall of the hammer.

05

Deposit

The buyer pays a non-refundable deposit immediately. There is no gazundering and no chain to collapse.

06

Completion

Twenty working days as standard. You know the date before you start.

Worth knowing

A guide price is not a valuation

Guide prices are set to attract interest and are usually below the reserve, which is the figure below which we will not sell. Both are agreed with you before anything is published, and the reserve stays confidential.

Thinking about it?

We will tell you if auction is wrong for you

Plenty of properties sell better by private treaty. We will say so.