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
14/10/26
Allsop raises over £70m at the UK’s largest commercial property auction in four years
Allsop, the leading property consultancy and the UK’s largest property auction house, has raised more than £70 million at its...
News
09/10/26
Allsop launches 10th residential auction catalogue of 2026 with 286 lots across two-day sale
The auction will be held over two days, with 16 lots guided at £1 million or more
Blog
05/10/26
Retail assets driving investor interest
The rise of e-commerce, later joined by the Covid-19 pandemic and the higher interest rate environment that followed it, led ...
News
24/09/26
Allsop raises £38 million in September residential auction
Auction achieved a 72% success rate despite continued market challenges