Buying Property at Auction - How To Buy A Property At Auction

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Buying a property at auction

Over the last decade, auctions have become a mainstream method of buying property. Whether you’re looking for an investment or a new home, there are many benefits to buying at auction.

Benefits of buying property at auction

  • Certainty – contracts are exchanged on the day of the auction. Therefore as soon as the gavel has fallen the property is yours and you cannot be gazumped.
  • Transparency – All interested parties bid publicly for the lot so you can be fully aware of what other buyers are prepared to pay.
  • Speed – You can exchange contracts on a property in days rather than months.

Romans Auctions are one of the country’s leading regional auctioneers covering the South and South East of England. Our Auctions team will be on hand to provide a professional and supportive service to both experienced and first-time buyers. Across the auctions that we host throughout the year, we have a wide range of properties for sale – including family homes, investment opportunities (with varying degrees of refurbishment needed), land and commercial property.

We firmly believe in a transparent approach to all dealings with our customers and by buying a property at a Romans Auction you will always be well informed about what lies ahead.

Before attending an auction to buy, why not attend as an interested observer? It’s free to attend our sale room, take a look at our auctions calendar to find a date that suits you. If you have any questions regarding buying or selling at auction, give our auction experts a call on 0134 475 3120.

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Guide to buying a property at auction