Buyer costs at property auction beyond the hammer price
Stamp duty, legal fees, and admin charges add up. Build a spreadsheet before you get attached to a lot.
Practical help on buying and selling at property auction across the UK — browse by topic below.
Stamp duty, legal fees, and admin charges add up. Build a spreadsheet before you get attached to a lot.
Same legal idea, different rhythm. Picking the right format affects how you prepare and how fast prices move.
The emotional bit is over; the contractual bit begins. This is the usual sequence once you have bought at auction in England and Wales.
Lenders and auction timetables do not always get along. Here is how people actually fund purchases when exchange happens on the fall of the hammer.
The legal pack is dense, but you do not need a law degree. Focus on the sections that change what you are actually buying.
Two numbers that trip people up. Here is how guide prices and reserves work in practice, and what to do before you commit.