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Advantages to buying at auction

Do you know there are lots of benefits to buying at a property auction, which can be appealing to a lot of buyers from a range of circumstances?

  • No bargain as the property is listed with genuine prices
  • Success is guaranteed, only motivated vendors come to sell
  • Speedy process
  • Opportunity to buy immediately without waiting to bid finishes
  • No surprises or gazumping
  • Fair open chance to every buyer, completely transparent
  • Competitive bidding, no middle man hassle
  • Immediate income on tenanted properties

Top 5 tips for buying a property at auction

1. Check the legal pack

2. Don’t get caught out by the six-month rule

3. Be aware of potential issues with the property

4. HMO regulation

5. Have your finance in place

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