Guide to buying property in the UK
Purchasing a property at auction can be daunting; however it can be a great way to get on to the property ladder. When purchasing a property at auction, especially as a first time buyer, talking to us at an early stage can help and guide you through this process to avoid mistakes that could be costly. We can only give general advice before the Legal Pack is available. Finding an auction When finding an auction house you should decide on the area you are interested in. After contacting auction houses in that area you can ask for a catalogue and subscribe to their mailing list. Catalogues are normally published a few weeks before the auction date. Preparing for auction Once you have found a potential property to purchase you can contact the auctioneers to book viewings A few things you can do while researching an auction property are: Take a surveyor, builder, or architect with you to any viewings to conduct a thorough inspection. Consider a survey Don’t rely on the guide price – often