Stage 1: Properties of interest

This is where your journey begins.

Stage overview

You've found a property you're interested in and arranged a viewing through an Estate Agent. We'll help you understand the property and the auction process, giving you the information you need to decide whether you'd like to register to bid.

In this stage you'll:

View the property

Review the property information

Ask questions about the property and auction process

Decide if you want to register to bid

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What's happening

We’re gathering your feedback and helping you understand the property and auction terms.

• The Estate Agent arranges your viewing
• Your details are passed to us
• An Auction Specialist will contact you after your viewing

They will:

• Discuss your thoughts on the property
• Explain Auction Terms and Conditions
• Guide you through the Buyer Information Pack, including material information and supporting property documents

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What to expect

You’ll be guided through the property details and next steps.

• A call from an Auction Specialist after your viewing for feedback on suitability and price
• Direction to the auction website for further information on the property

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How you can help

Sharing honest feedback helps us support both you and the seller effectively.

• Speak to the Auction Specialist when they contact you and share your feedback on the property
• Provide an indication of what you think the property is worth to help set expectations

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When to contact us

If you have questions or miss a call, it’s best to follow up quickly. Contact us:

• If you miss a call after your viewing
• If you have questions not covered in the property listing

Need further guidance

New to auction? Read our Buyers Guide to learn more about buying through Modern Method of Auction.

View Guide
Need further guidance

Properties of interest FAQs

The Modern Method of Auction combines competitive bidding with fixed timescales, helping buyers and sellers move forward with greater certainty.

You can view properties, review the Buyer Information Pack, register to bid and place bids online. If you’re successful, you’ll enter a Reservation Agreement and move towards completion within the agreed timescale.

No. Auction is suitable for a wide range of buyers, including first-time buyers, home movers, landlords and cash buyers.

Many buyers use mortgages to purchase auction properties. You should always check with your lender or mortgage adviser before bidding.

Auction offers transparency, committed buyers and sellers, upfront property information and fixed timescales, helping reduce uncertainty during the transaction.

Yes. If your bid is successful, you’ll be required to pay a Reservation Fee and any other applicable fees detailed within the property listing and Auction Terms and Conditions.

Yes. We strongly recommend viewing the property before placing a bid.

This depends on the seller and Estate Agent, but additional viewings can often be arranged.

Modern Method of Auction is suitable for first-time buyers, home movers, landlords and investors. If you’re new to auction, your Auction Specialist will guide you through each stage of the process and answer any questions, so you can bid with confidence.

Ready for stage 2?

If you’ve viewed the property and feel it’s the right one for you, the next step is to create your account and register to bid.
Your Auction Specialist will answer any remaining questions and guide you through the registration process, so you’re ready to bid when the auction opens.

 

Next stage: Stage 2: Creating an account & registering to bid

 

Stage 1: Properties of interest

This is where your auction journey begins.

View

Stage 2: Creating an account & registering to bid

Once you’re interested in a property, the next step is to register.

View

Stage 3: Buyer information pack

This provides the legal and material information you need to make an informed decision before bidding.

View

Stage 4: Bidding & auction outcomes

This is where the auction takes place. Registered buyers can place bids, and the process is fully transparent.

View

Stage 5: Reservation process & ID checks

If your bid is successful, you’ll move into the reservation process.

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Stage 6: Journey to completion

This is the final stage, where the legal process is completed and ownership of the property is transferred to you.

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