We have some really exciting news to share – we’ve expanded our services and are now offering property auction services for our clients. Adding auctions to our sales services means we are able to offer clients options to help sell your property in a way best suited to your individual needs.
Auctions are a great method for anyone looking for a quick and secure property sale, especially if you’re working to a particular timeframe for your move.
We are pleased to be partnering with iamsold to run our auctions, who are the market leader in online auctions and the UK’s largest residential property auctioneer – so your property will be in very safe hands!
Did you know that any type of property could be suitable for auction? The most important thing is that auction is right for the circumstances of who is selling the property. Plus, auction could be suitable for any type of buyer or seller too. It isn’t just for cash buyers or experienced investors looking for their next renovation project. Increasingly, people are using auction to move to their next family home.
Don’t be confused with the type of auctions you may see on the TV. Auction as a method of sale has come a long way since then with the development of the Modern Method of Auction (MMoA). This method has grown in popularity over the last decade and in the last year property to the value of £550 million has been sold in this way. It opens up auction to mortgage buyers, and is usually offered via an online auction which in itself offers a number of key benefits.
Benefits of MMoA
- Fixed timescales to deliver faster completions – on average sales take up to 56 days to complete, compared to 14 weeks for the more ‘traditional’ way to buy and sell property known as Private Treaty.
- The online bidding process is transparent and secure, benefitting all parties involved.
- Buyers can use a mortgage to fund their purchase, just like any normal property transaction.
- Buyers and sellers are pre-vetted to ensure a higher completion rate and less chance of sales falling through, with a 95% success rate.
If you’d like to find out more about property auctions or are interested in selling your property via the Modern Method of Auction, we’d love to hear from you. Please contact our sales team on 0161 236 8606 or email email@example.com