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 holds UK’s largest ever live-streamed commercial auction, raising £64m
Allsop, the leading property consultancy and UK’s largest property auction house, raised £24m at its June commercial auction,...
Allsop releases 340-lot catalogue for October residential auction
Allsop, a leading property consultancy and the UK’s leading property auction house, has released the catalogue for its Octobe...
Allsop raises £68 million in September residential auction
180 lots sold representing a success rate of 78%. Next residential auction 22nd & 23rd October.
Allsop releases largest commercial auction catalogue in 3 years
Allsop has released the catalogue for its September commercial auction, featuring 185 lots with guide prices ranging from £5,...