Nope - exactly the same as buying normally. You pay 10% deposit there and then (once hammer goes down) so you need to have mortgage agreed in principal before you go.
You then have 4 weeks to complete and exchange so there is no f*cking about
Before the auction the properties have open days - eg every tuesday between 12 and 2pm so you can check them out
Nope - exactly the same as buying normally. You pay 10% deposit there and then (once hammer goes down) so you need to have mortgage agreed in principal before you go.
You then have 4 weeks to complete and exchange so there is no f*cking about
Before the auction the properties have open days - eg every tuesday between 12 and 2pm so you can check them out