Next Auction – 3rd March 2021 – online auction only
In accordance with the Covid-19 Regulations and Government guidance, all lots will be sold by a timed auction via the online auction area of our website until further notice.
If you haven’t already setup an account to bid online, please visit our online auctions page above, click on the lot you are interested in and then click “register to bid”.
The auction is live and bidding is made via your mobile device, laptop or desktop computer. The process is transparent and you will be able to see all of the bids placed in real time.
In order to authorise you to bid we will require ID documents certified by a Leaders Romans Group employee or a professional person including a bank or building society official, minister of religion, chartered accountant, solicitor or notary, and must contain the following:
- A statement confirming “Certified to be a true copy of the document seen by me and a true likeness of the person”
- Details of the person certifying and indication of professional status
- A signature and date with a printed name
- The occupation and address or telephone number of the person certifying
Our local branches are able to certify your documents.
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. You will be able to register for this by clicking on the lot you are interested in and then the link provided. If you have any enquiries regarding the content, please ask your solicitor to contact the sellers’ solicitor for assistance.
For further information and advice Telephone: 01344 753120 or Email: auctions@romans.co.uk
A guide to buying property at auction
Create an online account by going to the lot you are interested in and clicking on “Log in / register to bid”. Follow the step by step process to complete your account to watch and bid on the Lot.
Before bidding at the auction, we advise that you thoroughly satisfy yourself by reading the legal pack and consulting with a solicitor or licensed conveyancer. You can download it by clicking on the lot you are interested in and using the link provided on the right.
Internal viewings will be permitted for bidders who have registered to bid online via our website. All confirmed viewings will be undertaken strictly by appointment only.
Our auctions start at 9.00 AM and the closing time for bids will vary for each lot. You will be required to setup an online account and submit your registration form before the auction to participate.
Contracts are exchanged at the fall of the electronic gavel. Your card will be automatically debited for the bidder security amount of £5,000 and we will require the remaining balance for a 10% non-refundable deposit and a buyers charge of £1,200 including VAT to be transferred.
Completion normally takes place just 20 working days (4 weeks) after the auction as per the special conditions of sale, when the remaining balance of the purchase price is paid.
Buying an auction property online is easy
If you thought buying at auction was only for investors and cash buyers think again, our online auction platform offers buyers 20 – 30 working day completion time so there is usually enough time to purchase with residential auction finance.
Online auction offers buyers swift transactions without the pressure and very short timescales associated with a traditional auction. By combining the auction bidding process with the very best elements of a regular estate agent sale, buyers benefit from a secure, transparent sales process, and can bid live from your computer or mobile device.
Buying a property at auction
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Every year thousands of people buy property at auction in the UK. Whether you’re a home buyer, investor, or developer the auction buying process is very simple and provides you with:
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Fairness: All interested parties & buyers have an equal opportunity to bid.
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Security: The contracts are exchanged on the day of the auction so there is no opportunity for gazumping
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Speed: You can exchange contracts on a property in days and weeks rather than months
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Attend one of our property auctions
(In accordance with the Covid-19 Regulations and Government guidance, our Room Auctions have been suspended. All lots will be sold by a timed auction via the online auction area of our website until further notice)
Directions
Our sale room is located at the Conference Centre, 100 Longwater Avenue, Green Park - just off junction 11 of the M4 at Reading.
The Conference Centre is set within attractive landscaped grounds arranged around a picturesque lake and there is free car parking on site. Within the building there is a restaurant serving drinks, snacks and hot meals.
100 Longwater Avenue,
Green Park,
Reading,
RG2 6GP
Meet your auction experts
Simon Clayton
Manager and Auctioneer
Simon has worked in the property industry for over 30 years and is a qualified member of the National Association of Valuers and Auctioneers.
Gareth Bell
Auctioneer
Gareth has worked in the property industry for over 25 years. For 17 years he has worked as an auctioneer overseeing residential and commercial disposals.
Daniel Gale
Surveyor
Daniel has worked in the property industry since 2006. He has considerable experience in both residential and commercial property.
Paul Higgins-Drysdale
Auctions Valuer
Paul has worked in property industry for over 16 years. He has experience in residential estate agency, auction valuing and property investment.
This is one of the most frequently asked questions
This is one of the most frequently asked questions and is the element which often leads to the most confusion from buyers. Our Auctions Director Simon Clayton explains when you can and can’t use a mortgage to finance your ...