Auction

1

Search for your property

Once you know what you want, visit our auction website and search through all our available auction properties. Under The Hammer works with some of the UK’s top estate agents giving you a wide selection of properties to bid.

2

Arrange a Viewing

Once you have found a suitable property, we can assist you with finding out as much information about the property as possible. However viewing the property is advised. To do this, contact us to arrange a suitable time to view the property or check the dates for open house / block viewings.

3

Register an Account

Before being able to place a bid, you must first register an account. You can do this either online or by visiting the partner agent in branch. To activate your account, you must first verify your email and register your details with your registered address.

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4

Legal Pack & Terms of Sale

Once you have registered and your account is active you will be able to download and view the legal pack. This has been compiled by the seller's solicitor and generally contains copies of the Title Deeds, Special Conditions of Sale, Land Registry Search, Leases (if applicable) and other appropriate documents. These are available to download via the property details page on our website. It is important that you inspect the paperwork before placing a bid and view the terms of sale associated with the property.

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5

Placing a bid

Before placing a bid on a property, you must first complete the AML check by confirming your details in the account area, just click the save button at the bottom of the page and the details will be submitted. The check is instant and once your Anti Money Laundering check is complete. If you want to bid on a property you can do so online or by visiting the partner agent’s branch. To bid, enter your bid amount, and ‘confirm’ to submit your bid in real time.

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6

Winning Bidder

If you are the winning bidder, you will be required to pay a deposit, generally between 5-10% immediately after the end of auction via debit card or instant bank transfer. Any successful bidder, at the end of the auction will exchange contracts immediately with the seller and will have 56 days to complete (unless specified in the legal pack). At this point, the sale will become legally binding.

7

Conveyancing

As you will need to complete within 56 days, we advise you have a solicitor ready to act on your behalf. Your sale will be dealt with by our sales progression team who will keep all parties up to date with progress of the sale. During this period, we advise you act swiftly and liaise with your conveyancer to ensure deadlines for completion are met.

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8

Completion Day

It’s the day the final funds are transferred and the day you get the keys to start moving into your new home. You can arrange to pick your new keys, directly from the sellers or you can pick them up from the partner estate agents on your way past with the removal van.

Ready?

Head on over to our Valuations page

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