Stage 4: Bidding & Auction Outcomes

This is where the auction takes place.

Stage overview

This stage is all about taking part in the auction. You'll be able to place bids, monitor the bidding as the auction progresses and find out the outcome when the auction closes.

In this stage you'll:

Place bids during the live auction

Monitor bidding activity

Receive updates throughout the auction

Find out whether your bid has been successful

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Whats happening

Buyers are actively placing bids, and the auction is progressing in real time.

• Auctions typically run 2–14 days
• Bids are placed online
• The timer may extend if bids are placed near the end

If your bid is successful:

• Property is sold
• Move to the reservation process

If bidding finishes below the Reserve Price:

• The seller may accept or reject the highest bid

Bids can be accepted at any stage of the auction process as some bids may be placed prior to the auction starting.

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What to expect

The auction is designed to give all bidders a fair opportunity.

• Bidding screen shows fees before confirmation
• Auto bidding may be available
• Timer resets in final moments to allow fair bidding

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How you can help

Preparing in advance and understanding the process will help you bid with confidence.

• Complete all checks before the auction ends
• Understand fees and auction terms
• Have solicitor, ID and funding details ready

For more guidance, see the 'Placing your bid' section in our Buyers Guide.

View Guide
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When to contact us

If you’re unsure about the process or next steps, get in touch.

• For questions about bidding
• If you’ve missed a call from us

Need further guidance?

Take a look at the 'Preparing to bid on a property' section of our Buyers Guide for more details.

View Guide
Need further guidance?

Bidding & Auction Outcomes FAQs

Bids are placed online. If a bid is placed near the end of the auction, the timer may automatically extend to allow other bidders the opportunity to respond.

Yes. Bids are visible online throughout the auction.

You’ll be asked to sign a Reservation Agreement, pay the Reservation Fee and provide any outstanding information within the required timescales.

The seller may choose to negotiate with interested bidders or continue marketing the property.

You’ll receive notifications if another buyer places a higher bid while the auction is live. You can then decide whether you’d like to place another bid before the auction closes. Be sure to keep an eye on the auction and make sure your contact details are up to date so you don’t miss any updates.

Before placing a bid, make sure you’re happy to proceed, as bids can’t usually be withdrawn. If you have any concerns about a bid you’ve placed, contact your Auction Specialist as soon as possible. They’ll explain what options, if any, are available based on the stage of the auction. 

Ready for stage 5?

Once the auction has closed, you’ll know whether your bid has been successful. If you are the successful bidder, you’ll move on to the reservation process, where you’ll secure the property and complete the next steps towards buying your new home. 

If your bid isn’t successful, your Auction Specialist can help you continue your property search and support you when you’re ready to bid again. 

Next stage: Stage 5: Reservation process & ID checks 

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.

View

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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