Whether you’re a buyer or seller, dealing with property auctions will require an in-depth understanding of the processes involved to ensure everything goes to plan. Thursfields has all the expertise you need to succeed.

Property Auctioning

Our Auction Property Services

With so much to consider when it comes to property auctions, it’s essential to work with an experienced team who can take care of everything. Our team can assist with the following: 

  • Review and report on auction packs for buyers
  • Creation of auction packs for sellers
  • Dealing with buyer enquiries 
  • Handling the completion process
  • Registration with the Land Registry

Whatever you hope to achieve, you can rely on our property auction solicitors to ensure you get the best result possible. We are here for you.

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Dependable Property Auction Advice

While property auctions are a popular alternative to conventional residential conveyancing, the pace of the process and the many complexities involved means that seeking specialist legal advice is crucial if you want to guarantee success and avoid potentially costly mistakes. 

Our property auction solicitors have the ideal combination of speed and thoroughness to not only ensure you can keep up with your obligations, but also feel completely confident that you have all the necessary information to proceed with the transaction. 

The Thursfields team has a wealth of experience with all aspects of property auction conveyancing, helping clients across the country to achieve a swift and satisfactory resolution. When only the highest level of service will do, you need to speak to us.

A Tailored Approach To

Property Auction Conveyancing

Whichever side of a property auction you’re on will depend on the type of legal advice you’ll require. Although both parties will be looking for a hassle-free conclusion to proceedings, exactly how you get there will depend on your own unique circumstances. Because of this, it’s important to work with a law firm which can effortlessly tailor their service to suit your requirements. 

If you’re looking to purchase a property at auction, our team will report to you on the contents of the auction pack so you can be sure everything is in order and you feel you have the information you need to make an informed decision about whether to proceed with the transaction. We’ll also take care of all completion and post-completion activities on your behalf.

When it comes to assisting sellers, our property auction solicitors will guide you through the process of putting together a comprehensive auction pack that covers all bases. Whatever your requirements may be, we’re the law firm that can help.

A Holistic Residential Property Service

If selling or buying property at auction doesn’t feel right for you, the Thursfields team excels at providing targeted and proactive support with more traditional forms of conveyancing. All the support you need under one roof — that’s the benefit of working with us.

Frequently Asked Questions

Before the auction, it’s advisable to carry out due diligence with the legal pack and visit the property if you’re able to. On the day itself, you should remember to bring your deposit and two forms of identification. If you’re successful, you’ll need to pay the remainder of your bid within the allotted time and complete the conveyancing process.

Should the property not reach its reserve price, you may be able to negotiate with the auctioneers or the seller themselves to try and come to an agreement. A specialist auction property solicitor can assist you through the entire process.

To sell a property at auction, you will first of all need to assemble a legal pack which contains all relevant information. You’ll then have to consult with auction houses to request an appraisal and agree where your property will be sold. Should a buyer be found, your final task is to sign the relevant documents to complete the transaction.

Consulting property auction solicitors at the earliest possible opportunity gives you the best chance of achieving a smooth transaction and satisfactory outcome. They will support you every step of the way, from creating the legal pack to dealing with post-completion activities — giving you complete peace of mind.

When a bid wins the auction, the buyer is legally required to complete the transaction. It’s therefore essential to seek specialist guidance before attending the auction to ensure you have all the information you need to make an informed decision.

There are usually two sets of terms and conditions linked to property auctions. General conditions apply to all listed properties These are often available on request. Special conditions, meanwhile, apply to each individual property. Set by the seller, they can cover everything from the completion date to penalties for non-payment.  

Due to the varying nature of special conditions, it’s recommended that you speak to experienced auction property solicitors to ensure you fully-understand exactly what will be expected of you should your bid be successful.

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