Buying at auction

Buying at auction genuinely isn’t as scary as many people think and the best advice we can give is to do your homework and speak with the auctioneer before you bid – that way, you will avoid costly mistakes.

Find a Property

Search our current auction lots and when you find a property you like, contact us to arrange a viewing.

Legal pack

Will contain everything you need to see prior to bidding so, make sure you download it for free via our website and wherever possible, ask a solicitor to review it.

Finance

More than 70% of people buying at auction, do so using some form of finance – either from a High Street lender or via a bridging finance company so you don’t need to have 100% cash to buy at auction.

Our advice would be do organise finance prior to bidding to avoid stress between exchange and completion.

Bidding

To bid you will need to complete these steps:

Step 1.

Register to bid

Step 2.

Upload a copy of your ID and proof of address

Step 3.

Read and accept the terms and conditions

Step 4.

Register your debit card for the bidder security deposit
(no money taken if you are unsuccessful)

Winning Bidder

If you are the winning bidder, contracts will exchange immediately on the fall of the digital gavel, you will have to pay a 10% deposit of the purchase price (with the remaining 90% payable on completion) and the buyer’s premium.

I would like to say how pleased I was with the service I received from MYAUCTION on my recent purchase. Initially I was a bit hesitant to proceed with a sale this way, but you led me through the whole process in friendly and approachable manner. You managed to iron out any issues that arose during the sale and put my mind at rest with any concerns I had. The whole process was very professional and I am glad I was able to purchase the flat this way. I would definitely recommend your services to anyone who is looking for a property purchase.

Mr A

The level of service I received was outstanding. Stuart kept me informed every step of the way, even going out of his way to call me over the weekend or late in the evening. He came all the way from London to oversee viewings, nothing was too much trouble, no question went unanswered, no call unreturned. Thank you Stuart for being approachable, straightforward and honest. Also to his assistant Becky, pleasant, helpful, efficient and knowledgeable.

Ms H

From the initial decision to sell by auction everything has gone smoothly, if unsure of anything a quick email or phone call we were informed of the next step.

Mrs M

I have found Stuart at MYAUCTION an absolute pleasure to work with – quick, efficient and more importantly – gets the sale for the client. I would not hesitate to recommend.

Ms W

I would just like to go on record to say how highly satisfied I and my family have been with the service we have received from Stuart @ MYAUCTION. Nothing was too much trouble, and he even went to the trouble of finding us a solicitor after we had won the subsequent auction. First time myself and the family have used an auction and Stuart made it as hassle free as possible which was brilliant. If I had to use an online auction again to buy a property, I would certainly use my auction again. Thanks again for all your help Stuart.

Mr L

Stuart was polite, efficient, and always available with advice in an unfamiliar auction market.

Mr D

Just wanted to say thank you so much for all your help with selling the property and I just wish that we had known about you earlier as we were really pleased with how professional you were with the marketing and promoting the flat.

Ms R

I was shocked at how quickly Stuart at MYAUCTION managed to complete for me. Definitely recommend!

Mr R

Wouldn’t hesitate to recommend MYAUCTION they were excellent from start to finish, even after the sale they were still there to help right up to completion and contract exchange. Thank you.

Mr M

Our mother was over the moon when we told her that the flat has been sold. So thank you for all your have done for us and thank you to Becky as well. Your turned our lives around!

Ms P

We had a first class experience with MYAUCTION, from their clear and much appreciated plain English explanation of the process, through their very simple set up, right to achieving a sale price that we were very happy with. No stress or fuss throughout. Big thanks to Stuart and team, we will definitely be back in the future.

Thank you very much for your help and providing an exceptional service to the seller and buyer and for keeping me fully updated throughout the auction process. I would definitely recommend MYAUCTION.

Ms J

Buying at auction

Legal pack

Finance

Bidding

Step 1.

Register to bid

Step 2.

Upload a copy of your ID and proof of address

Step 3.

Read and accept the terms and conditions

Step 4.

Register your debit card for the bidder security deposit
(no money taken if you are unsuccessful)

Winning Bidder

Testimonials

Keep in touch

Mailing List

Buying at auction

Legal pack

Finance

Bidding

Step 1.

Register to bid

Step 2.

Upload a copy of your ID and proof of address

Step 3.

Read and accept the terms and conditions

Step 4.

Register your debit card for the bidder security deposit(no money taken if you are unsuccessful)

Winning Bidder

Testimonials

Keep in touch

Mailing List

Register your debit card for the bidder security deposit
(no money taken if you are unsuccessful)