To place your property in an auction, you will be required to pay an upfront fee of £300+VAT. This fee allows 3 attempts in the auctions. You will also be required to produce a property legal pack which would be provided by your instructed solicitor (costs vary depending on the solicitor).
At Auction, when the hammer falls a 10% non-refundable deposit is secured from the purchaser, with completion taking place within 28 days.
We have had many successful sales via auction with property prices ranging from £15,000 to £1,000,000.