Auctions
Hudson Moody work in partnership with iamsold, the UK’s leading residential property auction provider, to give buyers and sellers an alternative to a traditional sale. Auction offers speed, certainty and transparency, with committed buyers and a clear timescale from start to finish.
Browse the properties we currently have for sale by auction, or call the team on 01904 650650 to find out whether auction is right for you.
How auction works
Buying at auction
Every auction property comes with an information pack up front, so you can check the legal details before you bid. You can bid online at any time and see other offers as they come in. Once your bid is accepted the seller is committed to the sale, and you will usually have 56 days to complete, giving you time to arrange your mortgage.
Selling at auction
Auction lets you sell quickly and securely to a buyer who is financially committed from the moment their bid is accepted, which reduces the risk of a sale falling through. Because buyers can see each other’s offers, competitive bidding can help you achieve a strong price.
To find out what auction could achieve for your home, book a valuation with our team.
The Modern Method of Auction
Also known as a conditional auction, the Modern Method of Auction gives the buyer a set period, usually 56 days from receiving the draft contract, to exchange and complete. The buyer pays a reservation fee when their bid is accepted, so both sides are committed and the sale moves forward smoothly. Full details and fees are set out in each property’s information pack.
