All lots unless stated differently will be subject to a reserve price.
This is a figure at which the property can be sold and will be set within 15% of the starting price.
This figure can be subject to change but will never be more than 15% above or below the starting price.
Auctionline offers unlimited access to all the properties for sale at no cost to any interested parties. You can register for any of the legal packs by clicking on the property you are interested in. You will need to set up a free account with Auctionline to access the legal pack.
You will need to provide a digital copy of either your passport or driver’s licence and either a utility bill or bank statement (that was issued within the last three months, and not a mobile phone bill).
Yes, you can. We advise that you contact your banker prior to bidding on a property in order to ensure that you can potentially be approved for a mortgage. It is important to have a mortgage in principle, therefore arranging a valuation of the property and providing your bank with details of the property and the legal pack will most likely be required. These processes require time and organisation so we recommend that you start the process early in order to ensure that you have all the required information by the date of the auction. There is time to do some of this after you exchange contracts, but it is so much easier and far less stressful to have as much done prior to the auction as possible.
Yes, by email alert if you register an account with Auctionline.
The winning bidder of the lot is required to pay a bidder security deposit to secure their purchase. Therefore, in order to place a bid at the auction you are required to register a credit or debit card, so that in the event of you winning the auction we can debit your account accordingly.
When you register your card we won't take any money from it at that stage, however we will attempt to place a 'hold on funds' via your card for the bidder security amount. This will affect the available amount you have to spend on your card, as the amount will be ring-fenced and you will not be able to spend it until the hold has been released.
If you are the winning bidder then the amount will be taken in full from your registered credit card or bank account immediately following the close of the auction. If you are not the winning bidder then the hold on funds will be released from your card, but be aware that it can take anything from a few hours up to several days for the hold to be released (dependent on the card issuer). If in doubt, contact your card issuer. Please be aware that you will not have access to the funds until the hold has been released.
The property will be relisted for our next auction.
The starting price for each lot will be the price at which the bidding will start on the day of the auction.
This figure can be subject to change, so please make sure you check the addendum before attending the auction.
It is essential that you view the property (at least from the outside) and read the legal pack (or have a solicitor advise you on the contents).
It is essential that you read and understand the contents of the conditions of sale before you bid.
Make sure that you read our guide to buying at auction, this gives you timeline of events and will give you a list of documents you will need to bring with you to the auction to exchange contracts easily.
One of the Auctionline team will be in contact shortly after auction end.
In certain circumstances yes. This would be by prior arrangement with the Auctionline team as we may need to confirm this with vendor. All post and prior bids are subject to auction terms.
The Auctionline team will contact the successful bidder and complete the relevant paperwork.
The relevant solicitors / legal teams will be informed and upon clearance of funds property will be marked up as sold.
Normally once we issue the catalogue, we will arrange several block open house viewings for each property, since they are open house viewings you will not need to book in advance. On occasion, there are additional viewings held outside of these hours. The viewings are normally for thirty minutes at a time and there can up to two viewings a week per property.
Yes – surveyors are welcome to attend one of the open viewings.