Can I change the name on the contract after the auction?
Once you have successfully bid at auction, the name given to the auctioneer and written on the memorandum of sale forms part of the legal contract. From that moment, the buyer named is personally and contractually bound to complete the purchase.
However, some buyers later wish to change the name on the contract, often to:
- Insert a limited company (SPV).
- Transfer the purchase to a family member.
- Assign it to a business partner or investor.
- Move it into a trust or pension fund (e.g. SIPP/SSAS).
This is not always permitted — and attempting to change the buyer’s name after exchange can cause serious legal problems if not handled properly.
Is it possible?
Sometimes — but it depends entirely on the terms set out in the special conditions of sale within the auction legal pack.
- Some contracts expressly prohibit assignments or changes of buyer.
- Others may allow it with the seller’s written consent and payment of their legal fees.
Even if permitted, the original buyer remains liable unless a full novation (replacement) is agreed — which is rare.
Any change must be made with the seller’s solicitor’s cooperation, and must be completed before the transfer is submitted to HM Land Registry.
What happens if you proceed without consent?
Trying to alter the name or transfer the purchase behind the seller’s back can lead to:
- A breach of contract.
- Delays in registration at Land Registry.
- Refusal to complete the sale.
- Loss of deposit and potential legal action.










