Property Auctions: Manchester Solicitors

Property auctions are growing in popularity among people who want to buy or sell a house or commercial property and avoid the traditional, often lengthy, process of transferring ownership.

However, those who are thinking of buying at a property auction should first consult specialist conveyancing solicitors, who can ensure that the rights of both buyers and sellers are protected.

If you want to know more about property auctions, get in touch with the legal experts here at JMW by calling 0345 872 6666 or completing our online enquiry form.

Property Auctions: How Do They Work?

Property auctions give house hunters the chance to pick up a bargain and also ultimately own a property without having to go through what is typically a drawn-out process.

There are similar advantages for sellers; they can find a buyer in a matter of minutes and have the ownership of the property transferred immediately after the hammer falls.

Usually a 10% deposit is due to be paid on the day of the auction, with the deal being fully completed within 28 days.

How Can JMW Help?

Although house auctions can be a quicker way of buying or selling property, they can also be riskier, if you haven't prepared fully and sought expert legal advice.

We can help prospective homebuyers:

  • Inspect or survey the listed property

  • Check through the auction contract and other associated paper work

  • Discuss mortgage options

  • Assess the searches included in auction sales packs

  • Understand the title deeds and agreement

Services offered to sellers include:

  • Drafting of auction contracts and packs

  • Advice on searches to include in the sales pack

  • General legal advice and guidance

Contact JMW's Property Auction Solicitors Today

If you want to know more about property auctions or need legal advice, get in touch with our team of experts today. Call 0345 872 6666 or fill in our online enquiry form.

Read more
Areas of Interest
Call us now on 0345 872 6666 for advice on Residential Conveyancing
Wildcard SSL Certificates