For buyers and sellers who value speed and security in their transaction, the Sheldon Bosley Knight auction service offers Lots varying from family homes, buy-to-let properties, commercial property, land with and without planning permission and even freehold ground rents.
Selling a property at auction is easier than many people think – and the prices achieved are usually higher than expected.
Over the years the Auction Department has sold significant numbers of residential and commercial properties, land, investment and development opportunities “under the hammer”. With increasing numbers of potential bidders attending, selling and buying at auction is certainly a viable alternative to the open market.
A major benefit of selling at auction is that on the fall of the auctioneer’s gavel, the purchaser will automatically enter into a binding contract and is required to pay 10% of the sale price immediately, with completion taking place usually 28 days thereafter.
When offering a lot for sale at public auction, an intensive advertising/marketing campaign is undertaken to ensure that maximum exposure is achieved.
• The best possible price achieved.
• Binding contract plus 10% deposit paid on the fall of the hammer.
• Completion is usually within 28 days.
• Chain-free sale.
• No adverse surveys or down valuations.
• Quick and hassle-free sale.
