Buying an Auction Property

• Have you heard of the bargain prices that Auction properties sell for?
• Are you looking for an investment or project? Or looking for the perfect property within budget?
• Would you like to view and bid at a time that suits you?
• Are you a mortgage buyer looking for more security than the Open Market can provide?

If your answer is yes to all or any of the above, we encourage you to read on!

Whitlocks Estate Agents offer a flexible and innovative service for Buyers, looking to purchase an Auction property via our state of the art website where you can bid directly without the need to attend a specific event.

Not only do we have the technology to make bidding and buying at Auction a seamless process, but you also have the help and support of a local Agent with a team offering expert local knowledge and experience.

Buying at Auction isn’t just for property tycoons with years of experience, it also now possible for those with little or no experience and can mean your dream home is within budget!

Gone are the days you had to have the cash readily available and exchange contracts the moment the auction ends. Our Modern Auction method means you have plenty of time to arrange your mortgage and organise your funds – in fact you have 56 days from the date your solicitor is in receipt of draft contract paperwork.

We also offer Traditional Auction purchases where the purchase completes more quickly and within just 28 days.

If you have any questions regarding Modern and Traditional Auction methods, please contact our helpful team who will be able to assist you.

Below are just some of the benefits of Buying at Modern Auction:

• Our advice and experience
  When you enquire about an Auction property you have seen advertised with us, you can pick our brains and ask any advice regarding scope for improvement, how to maximise your investment and local area information.
• Flexible and accompanied viewings
  A member of our team will be on hand to arrange a convenient viewing time and date, if you would like to view the property, will accompany the viewing, and can answer any questions you may have.
• Bid online, via our website 24/7
  Our convenient and revolutionising online platform not only allows you to bid remotely from the comfort of your own home. You can also bid by phone meaning that you will never miss an opportunity to secure the property you have your eyes set on! Auction bidding is completely transparent, so you know who you’re bidding against, ensuring fairness for all prospective bidders. You’re also able to view prepared legal Auction Pack documents before bidding.
• You can buy with a mortgage
  Modern Auctions offer a longer completion time, this will give you the time you need to gather your funds, arrange any mortgage, or finance agreements and ensure cleared funds are ready for completion.
• Fast and fixed date to buy and complete
  You have 56 days to complete on the purchase from the date your solicitor receives draft contract papers. Having fixed dates provides all parties with peace of mind and much needed stability.

If the above sounds like something you would be interested in and you want to register your details with us for properties please contact one of our Auction Specialists.

Alternatively, if you would like to know more about buying an Auction property or have any questions we would be delighted to hear from you.

Please also remember to carry out prior research on the property you are interested in before you place any bids.