Our Modern Method of Auction provides you with greater flexibility to complete your sale within 56 days.
FAQ
SEARCH
VIEWINGS
BUYER INFORMATION PACK
SALE METHOD
BIDDING
Depending on the method of auction, you’ll have either 28 or 56 days from receipt of a draft contract to complete the purchase. Our friendly team will also contact you to carry out an ID check.
DEPOSIT/FEE – In both cases you need to pay a Reservation Fee or Deposit to reserve the property. You will also need to instruct a Solicitor to act on your behalf EVIDENCE – You’ll also need to evidence how the purchase will be funded. This will be required before exchange can take place.
Our expert Completions team will help to progress the sale, keeping you updated every step of the way.
Congratulations you have bought a property through the Modern Method of Auction!
PRICING – We’ll discuss and agree an undisclosed Reserve Price (the minimum amount you are prepared to accept for your
property) and a Starting Bid (the price that the property is marketed at to generate interest).GETTING PREPARED –
• Your Estate Agent prepares property details, including photographs and EPC if required.
• Our friendly team will complete identification checks with you. Don’t worry, this is a quick and easy process but a legal requirement for anyone selling a property.
• The team will prepare an Auction Pack. This provides property information to potential buyers and includes legal documentation, such as Title Documents and Searches. Our in house auction specialist team Medway Law can provide this, and you only pay when your property sells.
• If your property is a Leasehold, you may also need to provide a Management Pack. You can request this from your freeholder or Managing Agent who will confirm the cost payable by you. You will be asked to complete a property questionnaire – to avoid any delays, get this completed as soon as possible.
FAQ
READY TO GO
BIDDING
YOUR PROPERTY HAS SOLD
Our expert Completions team will help to progress the sale, keeping you updated every step of the way through the modern method of auction!
Number of Properties achieving the asking price or higher
Viewings booked in 2025
Properties Sold in 2025
Properties Let Agreed in 2025
