Operating across the UK and Europe, Town and Country’s experienced property experts are here to guide you through every step of the auction process.
Whether you're a first-time buyer or a seasoned investor, our dedicated team is on hand from your initial enquiry to final completion, ensuring a smooth and secure experience.
With monthly auctions featuring a wide range of residential, commercial, and land opportunities, and comprehensive buying guides to support your journey, we make it easy to purchase with confidence.
Our Bidding Demo page is a valuable tool to ensure you’re fully prepared for auction day. Designed for both first-time and experienced bidders, it helps familiarise users with the online auction process, allowing practice in placing bids, navigating the platform, and understanding auction functionalities before participating in a live auction.
Buying at auction is much quicker to traditional purchases. Completions happen much faster, so it often pays to arrange your finance before the auction gets into full swing.
The guide is an estimate given by the Auctioneer, providing you an with an indication of the seller’s reserve price.
A reserve price is price stated as the lowest figure acceptable to the seller. This is confidential between the seller and the auctioneer.
Yes, unless stated otherwise on the particulars. Contact the office dealing with the property you are interested in, you will be asked to provide your contact information along with your buying position for example mortgage agreed in principle or a cash buyer.
In a private treaty sale through an estate agent, you would expect to see the legal documents after you have made an offer. As the auction sale requires speed of the transaction these are provided by the seller's solicitor in advance of the auction.
Unconditional lot
Contracts are exchanged immediately following the fall of the gavel, the purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). A deposit and a buyers premium are payable immediately.
Conditional lot
Upon the fall of the hammer, the auction conditions require exchange of contracts within 28 days (unless otherwise stated) followed by completion within 28 days of exchange. The purchaser shall pay a non-refundable buyer’s premium. The buyer’s premium applicable to the property will be noted on the property listing.
Buying a property at auction is very different to traditional purchases. Completions happen much faster, so it often pays to arrange your finance before the auction gets into full swing. After all, you’re the legal owner the moment the hammer goes down – and you’ll typically have only 28 days to provide the balance of the purchase price. We work with Together Finance, who are well-versed in the world of short-term finance. Their experts are on-hand before, during, and after the auction to help you turn the funds around within a tight timeframe. They will finance your standard two up two down or semi- detached to used opportunities, unusual properties, and building plots lacking planning permission.
If you're looking to buy a property at one of our online auctions, there are several steps you should take to ensure a successful purchase.
Watch our video to find out more >
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