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For sale at auction

Property auctions

A faster route to a sale — usually 28-day completion, sometimes a bargain. Coming to My Proper Home soon.

Two flavours of auction

  • Traditional — bid in the room (or via livestream). Exchange happens the moment the gavel falls; you pay a 10% deposit immediately and complete within 28 days.
  • Modern method (conditional) — bid online over several days. Winning bid pays a non-refundable reservation fee (often 4–4.5% of the price), then has 28 days to exchange and another 28 to complete. More forgiving, more expensive.

The price you actually pay

  • Hammer / winning bid.
  • Buyer's premium / reservation fee (modern method only).
  • Auction-house admin fee — usually £1,000–£1,500 + VAT regardless of price.
  • Standard SDLT + searches + solicitor fees.

Before bidding

  1. Read the legal pack — every property has one.
  2. Get a survey, even if quick. Level 2 minimum.
  3. Confirm finance — auction completion is fast.
  4. Set a hard ceiling and don't go past it.

We'll publish auction listings here once we've onboarded the major UK auction houses. In the meantime, the main property search shows any listing whose status the owner has marked as "auction".