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
01/06/26
Allsop raises £39M at its May Residential Auction
158 lots were sold, achieving success rate of 77%
News
27/05/26
Allsop releases fourth commercial auction catalogue of 2026
Allsop has released its June commercial auction catalogue featuring 73 lots offering a broad mix of investment and mixed-use ...
News
14/05/26
Allsop launches 240 lot residential catalogue for May one-day auction
There are 10 lots guided over £1 million
News
13/05/26
Allsop raises over £26m in May commercial auction
Allsop, the leading property consultancy and UK’s largest property auction house, raised 26m at its May commercial auction, a...