Buying a property at auction - a guide
Buyers love auctions - this is because buying property at auction can be extremely exciting and profitable.
This in-depth guide will explain how to buy property at auction.
Property auctions hold advantages, such as reducing the lengthy purchasing procedures that you can expect when buying through an estate agent.
You also have the security of knowing that you can get a quick purchase without the risk of gazumping (when someone makes a high offer after your offer has already been accepted).
This is because as soon as the hammer falls at the auction house, the property is sold to the buyer. As covered on our selling at auction page.