Commercial property owners often choose to sell at auction, with benefits such as greater certainty of a speedy sale, the opportunity to achieve a favourable price due to competitive bidding, and a larger pool of interested buyers than they might find elsewhere.
While we might envisage a residential home when we talk about a property, there are countless variations of properties in the UK, from lighthouses to converted pubs and schools, barges and houseboats and even nuclear bunkers
Buying a property that ‘needs work’ can be an exciting prospect. Buyers who intend to live in the property can put their own personal stamp and create their dream home
Property auctions are fast and efficient, and from the moment the digital gavel falls, signified by the auction timer running down to zero, it can take as little as 20 working days
Selling at auction has always been popular with homeowners wishing to sell their property as quickly as possible. But how does auctioning a property work?
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