on your side

Buying or selling residential property at auction

To all but the experienced property trader, the prospect of committing to buy your next home at auction can be daunting so if you do find your ideal house or flat is up for sale in this way, it is vital to have experienced legal professionals on your side.

We can offer sensible, practical advice to help you decide how to proceed and, when the time comes, our conveyancing specialists will handle the legalities of your purchase swiftly and efficiently.

Homes come under the hammer for a variety of reasons, often because they are dilapidated or difficult to value, so it is important that you inspect the property carefully and make the most of any opportunities to view before you bid.

If you are pleased with what you see, it is a good idea to consult your conveyancer as soon as possible so we can check in detail the auctioneer’s transaction conditions and undertake all the necessary pre-sale searches, liaising with your bank or mortgage lender as appropriate.

Accuracy and speed are of the essence

If your bid is successful and at the auction you secure your chosen property, you can rely on us to act quickly and thoroughly; in most cases, the winning bidder will have a legal obligation to complete their purchase promptly and pay all monies due to the seller within 28 days.

With local knowledge at our fingertips and a wealth of valuable auction conveyancing under our belts, we are excellently-placed to advise and support you through your property auction experience. Whether you are a frequent or first-time visitor to the sales room, a buyer or a seller, from start to finish we will ensure your best interests drive your transaction.

For more information on how our specialist conveyancers can help if you are buying or selling property at auction, call us on 01243 786668, email us at info@georgeide.co.uk or contact us directly using the details shown.

 

George Ide LLP. We’re on your side