If you’re an auction house – or bidding for a bargain – our auction property conveyancing solicitors have the skills and experience to handle the higher pace of these types of property transactions.  

Auction conveyancing at a glance

While the auction property conveyancing process is similar in some ways to a standard purchase, key differences include:

• Significantly shorter completion timescales
• Non-negotiable contracts
• Most of the legal work and documentation is done before the agreed purchase

Understanding auctions

For many buyers, there’s a real buzz around bidding for an auction property – but with some potential pitfalls due to the nature of these sales, understanding the intricacies is essential. 

Because of the speed of transfer of ownership (usually between 28 and 56 days depending on the type of auction), funds need to be available quickly – with bridging loans sometimes needed – auction packs need looking through in detail, and any questions need to be answered before the hammer falls. 

Experienced auction solicitors

Due diligence is important prior to any property purchase but never more so than when buying at auction. Buyers can easily become unstuck if they’re not familiar with the finer details – and because a winning bid immediately becomes a binding legal contract, it’s strongly recommended to use an experienced auction property solicitor rather than a regular conveyancer.

In addition to our in-depth expertise in auction property conveyancing, we also believe in building partnerships for the long-term, representing your auction house and supporting your valued clients to the highest standards, always.

Efficient, digitally-enabled conveyancing

Getting an auction property solicitor onboard before the bidding is the first step for a successful transaction. It ensures direct access to expert advice and allows potential buyers the ability to raise any queries with the vendor’s solicitors before making decisions on investment viability and maximum budget.

Because fast action and keeping all parties in the loop is especially necessary with auction conveyancing, our clients get the benefit of our leading online system and secure app, to help them manage every aspect of their purchase. With instant alerts, easy contact options and real-time progress tracking, working with Stanton & Partners makes life easier all round.  

Dealing with the details

Delving into the details of the property’s auction pack is one of the most crucial responsibilities of a conveyancing solicitor, so we pay particular attention to information such as:

• Register of Title document copies
• Land registry information
• Searches conducted and results
• Any special conditions 
• Tenancy and leasehold agreements
• Planning permissions 

Learn more about auction conveyancing 

If you’d like more information on how we support auction houses and buyers to navigate the conveyancing process, or if you’re a budding bidder looking for some initial guidance, please see our auction conveyancing guide.

Speak to a conveyancer 

For a quick compatibility call with one of our specialist auction solicitors, call us on 0191 427 0770