Buying at Auction
For the most up to date advice and guidance on how to buy a property at Auction. Always contact The world of Auctions. For independent advice.
We know why we buy property from auctions, its quick, easy and over in seconds and before you know it, you have another investment to develop, sell on, rent or to live in.
World of Auctions as you have already seen, offer a wide range of properties and land, freehold, leasehold, flats, apartments, retail, mixed-use, amenity and development land.
And it’s a simple process as long as you have prepared and are prepared.
So please read our guide below if you want to avoid any complications, it’s on you.
Preparing Before the Auction
The Catalogue: The World of Auctions publish an auction catalogue two weeks before the date of the auction and it’s available both online and in physical form. Register for email alerts (link) and receive our catalogue whenever we publish.
View The Property: We highly recommend physically looking around the property you hope to purchase by booking a viewing. This will allow you to get a better understanding and feeling about the property. To book a viewing please contact us on +44 7971 033276.
Conduct your own Due Diligence…PLEASE: Before deciding to go ahead with the purchase, please read through ALL legal documentation for the property that can be found on our website. The exchange of contracts is legally bidding and can result in legal action being taken upon you if you fail to meet the requirements or breach the contract. We advise that you do this alongside your solicitor before placing a bid to get a better understanding of the contract.
Check for Updates and Changes: We prepare an addendum before the auction with details of all changes and made after the release of the catalogue. This will also include any details of properties that have sold prior or withdrawn. We advise that you check for any changes before going ahead with bidding on any property.
