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Where to Buy an Auction Property


Buying a property at auction is an exciting alternative to the traditional property market — offering speed, transparency, and the chance to secure a great deal. Whether you are an investor, first-time buyer, or looking for a renovation project, understanding where to buy an auction property is key to making a confident purchase.

In this guide, we’ll cover:

  • What an auction property is

  • Why properties are sold at auction

  • The process of buying at auction

  • The main auction houses in the UK

  • How to get a free, no-obligation quote from our solicitors


What is an Auction Property?

An auction property is any residential, commercial, or mixed-use building that is sold through a public bidding process rather than private treaty (estate agent sale). Property auctions are held in-person, online, or as a hybrid event and are typically run by professional auction houses.

Auction properties can include:

  • Residential homes – houses, flats, and bungalows

  • Commercial premises – shops, offices, and warehouses

  • Land – with or without planning permission

  • Unique opportunities – repossessions, probate sales, or development sites

The key feature is transparency: all bids are public, and once the hammer falls, the sale is legally binding.


Why Do Properties Go to Auction?

There are several reasons why a property might end up in an auction catalogue:

  • Speed of Sale – Vendors may need a quick, guaranteed sale.

  • Repossession or Probate – Lenders or executors often sell this way.

  • Problem Properties – Homes that are hard to mortgage (short leases, structural issues) are attractive to cash buyers.

  • Investment Opportunities – Developers sell land or refurbishment projects at auction to reach a wide pool of buyers.

For buyers, this creates opportunities to purchase properties below market value, provided they do their research and due diligence in advance.


The Process of Buying at Auction

Buying at auction is straightforward but fast-paced. Here’s the typical process:

  1. Find a Property
    Browse auction catalogues online or through major auction houses. Look for lots that fit your budget and requirements.

  2. Do Your Due Diligence

    • Order and review the legal pack (title documents, searches, lease info).

    • Arrange a survey or valuation if needed.

    • Speak to a solicitor experienced in property auctions to check for any legal risks.

  3. Arrange Finance
    Have your funds ready or a mortgage in principle. You’ll usually pay a 10% deposit on the day and complete within 28 days.

  4. Attend the Auction
    Bid confidently, whether in the room, online, or by proxy. If successful, you exchange contracts immediately.

  5. Complete the Purchase
    Pay the remaining balance by the completion deadline. Your solicitor handles the transfer of funds, SDLT submission, and registration.


Main UK Property Auction Houses

Here are some of the leading property auction houses where you can find opportunities across England and Wales:

  • Savills Auctions – Leading national auctioneer with both residential and commercial property lots.

  • Allsop – Known for large catalogues and a mix of investment and development opportunities.

  • Barnard Marcus Auctions – Strong London and South East coverage with online bidding options.

  • SDL Property Auctions – Hosts regular live-streamed auctions, ideal for remote buyers.

  • Clive Emson Auctioneers – Well-regarded regional auction house with local expertise.

  • Auction House UK – Covers over 40 regional areas, perfect for finding properties outside major cities.

Each auction house publishes its catalogue several weeks in advance — giving you time to do your research and instruct a solicitor before bidding day.


Get a Free Auction Conveyancing Quote

If you are considering buying at auction, our experienced solicitors can help you review the legal pack and complete the transaction quickly and efficiently.

Fast turnaround – we understand auction deadlines
Clear, competitive pricing – no hidden fees
National coverage – we act for clients across England and Wales

Get your free quote today and buy with confidence.