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Property Auctions

Selling at Auction

If your agent strongly advises you to take this gamble then you will need a package prepared.

The more reassurance you can give to interested parties the more likely they are to bid at the auction.

We can prepare such a package for you.  We advise that you include the following items in it:

  • A draft of the contract.

  • Replies to the sorts of enquiry that would normally be raised in connection with a property.

  • Copies of the deeds or other title documents.

  • Copies of any helpful results of searches.

  • Copies of compulsory documents such as the Energy Performance Certificate.

The overall cost of the various searches etc would vary according to each particular case but would generally be between 220-320.

Our charges would usually be 450.00-550.00 plus VAT for the pre-auction work and then usually a further 150.00 plus VAT if the property successfully sells at auction for the work from then until completion.

Buying at Auction

If you have seen a property that you like which is going up for auction then you need to know as much as possible before you take the risk of bidding.

The auctioneers should be able to provide you with an information package and we can have a look at this pack for you and advise you on it.

Our charges for looking over the pack and providing advice would depend on the complexity of the property but would usually be between 150-300 plus VAT. 

If you are successful at the auction then our charges for completing the purchase will usually be about 200.00 plus VAT.  Stamp Duty Land Tax and Land Registry fees are dependent on the purchase price.  The cost of the final searches is usually minimal.

If you are hoping to persuade your bank manager to help with the purchase monies then he may well need some sort of advice or certificate from us about the documentation.

It is much better to pay us to vet an auction pack and then find that you do not wish to buy than to save the cost of the vetting and regret having been successful in the bidding.

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Thurstan Hoskin Solicitors, Chynoweth, Chapel Street, Redruth, Cornwall, TR15 2BY
Tel: 01209 213646 - Fax: 01209 210069 - info@thurstanhoskin.co.uk


Principal: Thurstan Hoskin BA
SRA Number:
558629; VAT No 913479414
This firm is regulated by the Solicitors Regulation Authority
Member of Lawyers for Your Business, The Society of Trust & Estate Practitioners