When buying a property at auction, the conveyancing process is condensed into a very short amount of time and if you’re not careful, expensive mistakes can be made. Once your bid is accepted, you enter a legally binding contract to pay a 10% deposit, followed by the remaining amount within 28 days, so you’ll need an experienced conveyancing solicitor who can work to a tight schedule.
Friday’s Move will interpret the seller’s legal pack before the auction takes place and let you know about any possible flaws with the property that may affect your decision to bid. If you’re a seller, we can also create these auction packs. Our extensive experience of auction conveyancing will ensure that you know exactly what you are buying, and the process runs smoothly before and after auction.
For more information, please Contact our Property Auction team, or call 0800 038 6446.