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Buying Property At Auction

lindsaymufc
lindsaymufc Posts: 4 Newbie
in House buying, renting & selling
Hi Everyone,

Can anyone give me any information on buying a house at auction. It sounds like a great way to buy, but, completely clueless about it all.

I live in the north west, so I would like to know about property auctions in that area.

I would really appreciate your help,

Thanks a million

Linz :)

Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Google 'property auctions' Read the notes and guidance.

    Never bid until:

    * you've had survey done
    * you've got the cash available (if mortgage, that means a firm mortgage offer, NOT a mortgage in principal)
    * you've checked the legals

    Never bid at your first auction- go to a few and see how it works.

    Try

    http://www.ukauctionlist.com/
  • drusilla
    drusilla Posts: 294 Forumite
    Do you want to buy to live in the house or to let out?

    http://www.edwardmellor.co.uk/auction/catalogue/

    The auction houses around the North West that I know of are Edward Mellor and Pugh. Some of the estate agents like Alan Kirkham and Ryder and Dutton also have links to auction properties.
    De cluttering Konvert.
    Getting there

    Finding a new home under all the STUFF!
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