Auctions is the fastest ways to buy a property. The whole process, from instruction to completion, can take as little as 8 weeks
Once the hammer falls, a legally binding contract is formed between the you and the seller. Completion to happen within 28 days (56 days for Modern Method Auction) reducing the risk of the sale falling through
Online open bidding process allows buyers to see the level of interest in property
Auction sales have set deadlines for exchange of contracts and completion, providing buyers with a clear timeline
Once a bid is accepted at auction, the seller cannot increase their selling price
Auction sales are not dependent on property chains, simplifying the process
You set a your maximum bid, ensuring you doesn't buy above your budget