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
Allsop raises £32 million in May commercial auction
Allsop, raised £32 million at its May commercial auction, representing a success rate of 76%.
Allsop releases 266-lot catalogue for May residential auction
The catalogue features a mixture of residential and mixed-use investment and development opportunities, including a freehold ...
Allsop’s Commercial Auction Team launches almost 100 lots for its May auction
Allsop, the leading property consultancy and the UK’s largest property auction house, has released the catalogue for its upco...
Allsop raises £28 million in April residential auction
Allsop, the leading property consultancy and the UK’s largest property auction house, raised £28 million at its latest reside...