The conveyancing process for property bought and sold at auction is no different from that done for general residential sales, involving the usual searches and financial transactions. But if you are planning to buy at auction, make sure you see a solicitor first.
It might seem like the ideal way, possibly even the only way, to get your dream home. Buying a property cheaply at an auction could leave you with the funds you need to convert it to your own specifications to live in or turn a tidy profit if you sell it on. It can also leave you with a huge financial and legal headache if you don’t do your research properly.
As well as being able to prepare the selling pack if you are listing your property at auction, we can give the once over to anything you hope to buy. It is vital we do this before you bid, because if you win the property you are stuck with it. In the worst case scenario, you could find yourself with a house with no rights of access or a flat with no planning permission that doesn’t legally exist.
Our solicitors are experts in all aspects of home buying and selling, whatever the process, and we will always agree a price for our services with you in advance, so you can be confident you know what to expect.