Buying at auction
Benefit from a quick, secure, and transparent way of buying a property.
The benefits of buying at auction
Efficient purchases
Choose the 56-day** Modern Method of Auction (MMoA) or a 28-day Traditional Auction. Both are much quicker than Private Treaty, which can take over 125 days*, helping you move quickly and confidently
Added peace of mind
Once you’ve signed the Reservation Agreement and paid the non-refundable Reservation Fee, the property is exclusively reserved for you. No need to worry about the seller changing their mind or accepting another offer
Not just for cash buyers
MMoA gives you time to arrange finance, so you can purchase with a mortgage (subject to lending criteria, affordability, and survey)
Clear and transparent process
The Buyer Information Pack provides key property information upfront, so you can review everything before bidding to make a confident and informed decision from the start
A buyer’s guide to auction
Buying at auction couldn’t be simpler:
Find it
Bid on it
Secure it
What's a Buyer Information Pack?
A Buyer Information Pack gives you the key property details upfront, so you can bid with confidence.
It’s free to view before you bid, and only the winning bidder pays.
The pack includes Local Authority Searches, Water and Drainage Searches, the Property Information Form, Fixtures and Fittings Form, Title Register documents and more – all designed to help you make an informed decision.
Find out moreAdditional information to look out for
The Buyer Information Pack gives you a strong foundation, but it may not cover everything about the property. That’s why we recommend carrying out your own checks too — ask questions, seek independent legal advice, and investigate anything you’re unsure of.
If you need documents that aren’t included in the pack, speak to your Auction Specialist who can guide you. Where iamsold provides a Buyer Information Pack, the buyer pays the pack fee upon completion.
Buying fees explainedAdditional information:
*Based on standard property. From receipt of draft contracts
^Source: Home Owners Alliance Article 2022
Latest auction properties
3 bed Semi-Detached
Charlbury Crescent, BIRMINGHAM, West Midlands, B26 2LN
- Starting bid: £200,000
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
4 bed Detached
Tremayne Close, TRURO, TR3 6QE
- Starting bid: £380,000
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
3 bed Semi-Detached
Foster Way, Sheffield, South Yorkshire, S35 4NE
- Starting bid: £85,000
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
1 bed Apartment
Holland Road, Hove, East Sussex, BN3 1RQ
- Starting bid: £180,000
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
2 bed Apartment
The Island, KNOTTINGLEY, West Yorkshire, WF11 9BQ
- Starting bid: £55,000
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.