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Property Auction Solicitors

Buying and selling at auction can be stressful, as the timelines are tight and there can be less assurance about your investment or sale. We work with the auction solicitors who are experienced with these types of transactions, and can work to the 28 day conveyancing deadline.

28 Day Conveyancing

Expert Auction solicitors

No Completion,
No Fee

28 day Conveyancing

Speed is key for auction conveyancing. Buyers exchange contracts, pay a deposit on the day of the Property Auction and must complete within 28 days. Standard conveyancing typically takes around 56 days, so you need a fast solicitor that can push your purchase through more quickly.

Our proactive lawyers are highly experienced at handling auction property.

Seller’s Legal Pack

Fridaysmove act for sellers too.

If you are a seller wanting to assemble the legal documentation before an auction, or if you are an auctioneer looking for the rapid and accurate compilation of Auction Legal Packs, call us now for more information on how we can help.

Solicitors Pre-Auction Report (SPAR)

Auctions are full of unmortgageable, unregistrable and legally defective property. Legally defective property is often dumped via auction onto unsuspecting buyers. Unless a property’s legal documentation is reviewed by a professional, you really have no idea what you are buying!

Our SPAR (Solicitors Pre-Auction Report) is a comprehensive report completed by a property solicitor which gives you ‘pre-bid peace of mind’.

Rapid Pre-Auction Surveys

Don’t risk it – It isn’t just legally problematic property that finds its way into property auctions. Structurally defective property is also common and buying without a survey is risky.

How do I buy a property at auction?

Find an auction online or in local papers and look into the houses you like beforehand. Get a solicitor to look over the seller’s pack and view the property with a surveyor to check for hidden problems. Get your mortgage lined up and ready beforehand, then on the day, you’ll need two forms of ID to bid, plus immediate access to 10% of the final property price (by cheque or banker’s draft) if you win.

Are auctions only for cash buyers?

No, you can buy a house at auction with a mortgage. Most mortgage lenders are experienced with auctions and will get your funds ready in time, but you’ll need to set it all up before you bid as when that hammer comes down, you’ll need to cough up 10% immediately, and the rest of it usually in less than 28 days.

Are auctions just for rundown houses?

Not at all. If you keep your wits about you and consult a property solicitor, you can get yourself a real bargain home at auction. If you get an in-depth auction property survey done beforehand, you shouldn’t have anything to worry about.

Do I have to buy blind?

While auctions work on a “sold as seen/buyer beware” arrangement, you won’t be buying completely blind. You’ll have the seller’s pack (often called a Legal Pack), which will include details of any legal problems which may affect the property, as well as details of existing tenants if you are bidding on a commercial property.

Where can I get an auction catalogue?

You can usually download an auction catalogue directly from the auction house’s website, usually around seven days before the auction is due to take place. Sometimes you can request a hard copy, or you may find that companies such as Rightmove list their auction properties directly on the website for buyers to see before the auction.
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