UK Auctioneers Database

View UK database of national and regional auctioneers.

Auctioneers A-D			Auctioneers E-H			Auctioneers I-L
Auctioneers M-P			Auctioneers Q-T			Auctioneers U-Z

Learn more about our UK Auction Information Service and how we can help assist you in purchasing property at auction. Or complete the enquiry form below and one of our advisors will be in touch shortly.

Property auctions offer a no nonsense approach to buying property - once the hammer drops the properties yours. The sale can be completed in a matter of minutes and there are no estate agent fees to be paid. There is also the potential for savvy buyers to pick up a real bargain. But be warned - for the unprepared property auctions can be fraught with dangers and pitfalls to trap the unwary.

So why would anyone subject themselves to such an ordeal? Could it be for kicks? Possibly - but the more usual reason is to purchase below normal market value. So if you feel that buying property at auction is the right course of action for you, here are a few tips to assist you along the way.

1. Never become emotionally attached to a property you intend bidding on. It is much less harrowing going to auction to buy an investment property than your dream home.
2. Watch out for bidding against the owner or even a phantom bidder. The unwary can find themselves having bought a property believing they were in competition with another serious purchaser, when in reality they were the only genuine bidder in the room!
3. Understand the difference between 'Reserve' and 'Guide' prices. Auctioneers often issue guide prices that have a starting point well below the minimum price the seller will accept (the reserve price). You could be the winning bidder and think you have bagged a bargain at the low end of the guide price, but actually find out you have not purchased anything at all because the reserve price has not been met.
4. Do your homework - investigate the local market and try to work out what represents fair value for the property if it were being sold through another local agent.
5. Set a maximum price and stick to it.
6. If possible try to indentify more than one potential purchase to increase your chances of success.
7. Have an experienced lawyer look at the property information pack and advise you before the auction.
8. Properties are often only available to view at certain times. These will be in the catalogue. Make sure you remember to turn up as it may not be possible to arrange another time.
9. If you are relying on a mortgage make sure this is arranged in advance and bear in mind you will not re-coup your costs if you fail to buy the property.
10. If possible take someone with you to the auction to make sure that you do not get carried away.

Only go to an auction if you are prepared to buy, and equally prepared to walk away empty handed.