London Property Auctions
Using a London property auction to sell your house or flat can sometimes be a good choice. Our detailed guide covers all areas of the property auction market.
Your questions answered about London property auctions
✅ How do I find London property auction results?
You can easily search the internet to look up some of the auction houses listed in this guide and other auctioneers and visit their websites where they will list the results of recent property auctions. A number of other websites also offer aggregation services where they collect and display property sale information from auction houses in London and elsewhere.
✅ Can I sell my flat at a London property auction?
Yes. One of the benefits of property auctions is that they will accept many types and conditions of houses and flats for sale. Even if your home has a potentially negative attribute such as being located in a flood zone or having non-standard construction material, property auctions can be a viable way to find a buyer if other options, such as an estate agent, are not possible.
✅ Do London property auctions only sell London properties?
No. Depending on the particular property auction house, they might host auctions for houses and flats located around the UK and there are no restrictions on their ability to do so. But generally auctioneers located in London will often sell houses and flats in the immediate area such as the auction sale of 175 Nightingale Lane, just as an auction house in the north would largely sell homes in that area.
✅ Is using LDN Properties a good alternative to selling at a London property auction?
We believe so, because we can offer you a streamlined and hassle-free way to get a fast and fair cash offer for your home and complete the sale within weeks. When you sell to us you know you’ll be getting a zero-fee competitive price for your property, compared to an auction which can be very stressful because there’s no certainty about the final sale price you’ll be able to achieve.
✅ How long does it take to sell my home through a property auction?
It’s not unusual for some property auction sales to take more than a month because of the various steps involved, including entering your home for auction, marketing the property, hosting the auction, and then completing all of the necessary paperwork. In contrast, LDN Properties can complete most home purchases within just a few short weeks.
✅ Will I have to pay fees or other charges when selling my home through a property auction?
Yes. A property auctioneer will charge you commission that helps to pay for the cost of the work they do to sell your home, including marketing the property and hosting the actual auction. Although these fees can sometimes be quite large and potentially reduce the profit from your sale, you might be able to ask the auctioneer to pass these costs on to the winning high bidder.
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