Buying Property at Auction
It is becoming more and more popular to buy property at auction, as you may be able to save a good amount of money.
However, the conveyancing process for buying at auction is very different to the ordinary conveyancing process. So, it’s important you get accurate, expert legal advice.
We can help you with auction property conveyancing for an affordable fixed fee. Call us on 01925 351 350 to find out more.
Legal Advice for Auction Purchases
Before an auction, you will be given a legal pack. These packs typically include title deeds or copies of entries from the Land Registry, conveyancing search results, conditions of sale, an EPC, and more.
We’re here to review that auction legal pack for you and to make sure you’re aware of any conditions or problems that you should know about.
Without this advice, you could end up winning a property with problems you never anticipated or expected or missing important information about the sale.
A lack of title deeds, limitations on the use of the property, lack of planning permission, or a lease with less than 70 years to run are just a few issues we may be able to highlight for you.
With our advice, you can go into the auction with full knowledge of the property you want to bid on, so there will be no surprises further down the line.
After the Auction
So, you had the winning bid? You’ll still need an auction conveyancer to take your purchase through to completion.
An auction contract is legally binding as soon as the hammer comes down. From that point, you’ll need to pay your auction fees, your deposit, and complete the purchase in the agreed time frame.
We can take care of the conveyancing process after you’ve won and deal with any issues that may arise post-auction.
Speak to an Expert
Give us a call to find out what how we can help you.
How Can We Help You?
We can offer a range of services for auction sales, purchases, and legal packs. We can help with:
- Pre-auction legal advice (for a purchase)
- Preparation of the auction legal pack (for a sale)
- Completing purchase at auction (if a pre-auction advice received or not): cash or bridging loan
- Completing sale at auction
Contact Chris Rudd Solicitors
So, if you need help with pre-auction advice, or post-auction conveyancing, give us a call on 01925 351 350.
We can offer you:
- Quick turnaround
- Simple and affordable fixed-fee pricing
- Being based in the North, we typically have lower rates than further south
- National service, covering all of England & Wales
- Clear, easy-to-understand advice throughout the whole process
Get in touch today to get started.
Lower Rates In The North
Because we're based in the North, the rates we charge tend to be lower in the South, but we still deliver exceptional service across the country.