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
Blog
22/06/26
Commercial property auctions don't just survive uncertain times — they thrive in them
With investors navigating shifting interest rates and an unpredictable macro outlook, the auction room offers something incre...
News
15/06/26
Allsop’s June commercial auction puts their half year sales ahead of last year at £163m
Allsop, the leading property consultancy and UK’s largest property auction house, raised £25m at its June commercial auction,...
News
10/06/26
Allsop launches 245-lot catalogue for June residential auction
The catalogue features a diverse mix of residential and mixed-use investment and development opportunities, ranging from subs...
News
01/06/26
Allsop raises £39M at its May Residential Auction
158 lots were sold, achieving success rate of 77%