Why Buy at Auction
How we can help
Speed of Sale
There is no quicker way to buy a house. With a fixed timescale known from the beginning, you will be completing on your purchase within 28 days of the auction.
Purchasing Security
Once that hammer falls, the property is yours. There won’t be anyone backing out of the deal and nor no risk of gazumping. You will avoid the uncertainty that you would get through an estate agent purchase, and the property will be yours within 28 days of the auction.
Option
Auctions offer a unique mix of properties such as Residential Properties, Commercial Units and Land not easily found through estate agency and can include repossessions or properties in need of renovation providing opportunity for uplift in value.
Excellent Investment Opportunities
Everyone likes the chance of a bargain, and property auctions are an ideal place to bag a good deal. Auction offer the prospect of adding value to the property through improvements, change of use (subject to planning permission), or conversion to suit your needs and requirements. This can help to generate higher resale profits, and for buyers looking for these types of property, auction is the best option.
Fair Bidding Process
With auction, you only need to stay one bid ahead of your competitors and reach the reserve price to be successful. When bidding against other interested parties, you can gain the reassurance that others share the same opinion of the property’s value, and you can also be in with the chance of having the winning bid at a far lower price than you anticipated, and lower than you would have paid by other means such as buying through an estate agent.
Competitive Bidding
With auction, you only need to stay one bid ahead of your competitors and reach the reserve price to be successful. When bidding against other interested parties, you can gain the reassurance that others share the same opinion of the property’s value, and you can also be in with the chance of having the winning bid at a far lower price than you anticipated, and lower than you would have paid by other means such as buying through an estate agent.
Instant Income
If you are a property investor looking for buy to let houses or commercial properties, we sell many tenanted opportunities, which mean you will start to receive rental income right from the day of legal completion, allowing you to collect the cashflow and plan your next purchase.
Motivated Vendors
A vendor may consider an offer before or after the auction providing the sale proceeds on Auction terms and a suitable price is agreed. Contact us if you wish to offer on any property and we will negotiate with the vendor on your behalf.
Looking for more information on how we can help?
Give us a call on 0141 459 0201 or complete the form below and a member of our team will contact you. We will privde you with an accurate auction appraisal and be able to have your property marketed and sold within days.
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