Athawes and Son Auction Contact

Contacting the team at Athawes Son & Co London

Whether you are planning to sell a commercial property or a freehold or leasehold house or flat, Athawes Son & Co London might be able to help you achieve that goal through an auction. It was originally founded in 1864 and therefore claims to have more than 145 years of experience and the company manages property auctions throughout England, Scotland and Wales.
One of the main benefits of selling via auction is that it’s often possible to find buyers for a very broad range of properties no matter their size or condition, and Athawes Son & Co London says that it has successful auctioned flats, houses, factories, shops, offices, churches, warehouses, hotels, yards and plots of land.
Whenever Athawes Son & Co London hosts auctions it does so in person and on its website the company says that it encourage people to attend these sales. If a potential buyer is interested in a current property lot but cannot get to the actual auction in person, it might be possible for them to contact the company in order to arrange either telephone bidding in real time or a proxy bid. The latter requires an interested buyer to specify the maximum amount they are willing to bid on a property and to delegate authority for making that bid to someone from the auction house.
The company makes all of their current lots available to view on its website, giving prospective buyers the opportunity to browse the properties available in England, Scotland and Wales before an auction takes place. You can also find the full conditions of sale, details on registering for telephone or proxy bidding, and more on the Athawes Son & Co London website.

Telephone number: 020 8992 0056

Email: mail@athawes.co.uk

Website: https://athawes.co.uk/

Address: 203 High Street, London, W3 9DR

What you should know about auctioning your property

When you list a property for sale at an auction, you are hoping that several people will want to buy it and keep trying to outbid each other by making increasing bids for purchasing the property. It’s entirely possible that your property will receive no bids, in which case it will not sell.
Or the property might only receive one bid, at the minimum reserve price. This is the lowest possible value at which you are happy for your property to sell, but beware that if you receive a bid at this price then it’s a binding agreement to purchase the property that the buyer can enforce. Make sure that you set the reserve price at a level that will still provide the return you need from the sale, after you have subtracted any fees and other expenses that you’ll have to pay.
Auctions can be a relatively quick way to try selling a property compared to using an estate agent, which might take several months or even more than a year. The process starts when you list your property for auction, and there will typically be a wait of a few weeks from the date on which the property listing is created and when the auction itself takes place. If your property successfully sells at the auction, there could also be a further wait whilst the buyer completes all of the legal paperwork for purchasing it. Generally, auction houses set a deadline of 28 days for this process to be completed, although it can be more or less time in specific situations.
And you will be expected to pay commission to the auctioneer for the work that they perform when selling your home through this method. However, in some cases it’s possible that the auctioneer will allow you to make the winning high bidder be responsible for these fees.

Questions and answers about property auctions with Athawes Son & Co London