Buying at Auction FAQs and Guide
We know that there is a lot of information and things to remember when it comes to buying at auction. To help, we’ve answered some of our most frequently asked questions below. If you have any other questions please contact us.
Can I change my mind after making a successful bid?
No, if you’re the successful bidder then you’re legally bound to purchase and pay a 10% deposit once the bidding concludes and the virtual gavel has fallen. If you cannot complete the purchase, then you risk losing your deposit and are liable for all losses.
News and Blogs
News
11/11/25
Allsop raises over £31.8m at November commercial auction
Allsop, the leading property consultancy and UK’s largest property auction house, raised £31.8m at its November commercial au...
Blog
10/11/25
Partnerships at auctions improve investors’ deals
If a seller is to make the most of this new environment and achieve both the best price possible and a quick and confident sa...
News
05/11/25
Allsop releases 280-lot catalogue for November residential auction
Allsop, a leading property consultancy and the UK’s largest property auction house, has released the catalogue for its Novemb...
News
28/10/25
Allsop raises £68 million in October residential auction
Allsop sells 186 lots with a success rate of 78%