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Buying at Property Auctions

Buying property at auction can be rewarding but there are pitfalls for the unwary. The auction process is different to a traditional sale through an estate agent because, once the hammer falls, you are committed to the sale.

Most properties will have an auction pack available for inspection and, if you are thinking of making a bid, it is vital that you take advice on the legal documentation available and also what, if any, documents are missing before the bidding starts because prevention is always better than cure.

At Lawson-West Commercial we have a specialist property team ready to advise you on all aspects of the legal title, we can check through the legal pack for you and provide you with a summary of the legal issues so that you are armed with the knowledge you need to be secure in your investment.

We understand that the purchase of a property is a large financial commitment and we will listen to what you want from the property and advise on whether the property in question is right for you. To find out more, please see our top auction tips in the Frequently Asked Questions on buying at property auctions section.

Above all, we want you to feel, when the hammer falls, that you know what you've bought and that there are no nasty surprises waiting for you.

If you have any queries regarding buying property at auctions, please contact David Heys on 0116 212 1027 now.