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 releases catalogue for June commercial auction
Allsop has released the catalogue for its June commercial auction, featuring 77 lots ranging in size from £3.5m/£3.75m to a l...
Allsop raises £47 million in May residential auction
Allsop, the leading property consultancy and the UK’s largest property auction house, raised £47m at its latest residential a...
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 ...