Auction Buying Services

When the hammer falls you exchange contracts on the spot, and completion usually follows within 28 days. That timeline is why auction buyers line up finance, legal review, insurance and surveys before they bid, not after. Start with the service you need below.

Why speed matters at auction

A property auction compresses the whole buying process into weeks. Contracts exchange the moment your bid wins, you pay a 10% deposit on the day, and there is no cooling-off period. Completion is typically fixed at 28 days (some houses use 20 working days), and missing it triggers penalty interest and can cost you the deposit.

That is why a standard mortgage rarely works at auction, why the legal pack has to be reviewed before you bid rather than after, and why buildings insurance needs to start on auction day itself, when the risk passes to you. Each guide above covers one piece of that puzzle, with honest numbers and no sales pitch.

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