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’s residential auction momentum continues as it releases 325-lots for its February catalogue
Allsop is bringing 325 residential and mixed-use lots to its February residential auction The two-day auction will take p...
Allsop’s raises over £65 million at their largest ever January sale, selling 330 lots over two days
Over £65 million at its January auction, doubling the amount generated in January 2025
Allsop releases first commercial auction catalogue of 2026
Allsop has released its first dedicated commercial auction catalogue for 2026, featuring 84 lots offering a broad mix of inve...
Allsop’s December sale brings hammer down on over £350m of Commercial Auction sales in 2025
Allsop, the leading property consultancy and UK’s largest property auction house, raised £31.8m at its November commercial au...