Auction Property Conveyancing
At Onions & Davies, our experienced team of auction property solicitors offers services for both selling and buying a property at auction. Our specialist conveyancing solicitors can be invaluable during this process, especially when it comes to checking the legal pack.
Unlike traditional property purchases, where legal due diligence occurs after an offer is accepted, buying at auction requires immediate commitment. Winning a bid means entering into a legally binding contract and paying a significant deposit, usually 10% of the purchase price. If you try to back out later, you lose the entire deposit, and proceeding despite emerging issues can lead to additional costs. Therefore, it is crucial to employ a solicitor to check the legal pack provided by the auction house before bidding. The legal pack will contain details of the property, terms of sale, and any issues that might affect your decision to buy.
We believe that it is important for you to be clear about how much you are going to be charged before we start work for you. We will always give you a quote and if this has to change for any reason, for example if matters become more complicated part way through, we will let you know how much the increased cost will be before beginning the extra work. Most of our residential property matters are completed on a fixed fee basis and the lawyer working on your case will ensure you are fully aware of all costs associated with your case. You can view more detailed information on the fees that we charge for a property sale or purchase by visiting our costs information page.
Get in Touch
To speak with our residential property team today you can call us on 01630 652405 or email us at firstname.lastname@example.org.
© 2018 Onions & Davies. Onions & Davies Solicitors is the trading name of Onions & Davies Ltd, Company Reg. No. 8322297, Registered Office address: 91 Cheshire Street, Market Drayton, Shropshire, TF9 3AF. Onions & Davies is authorised and regulated by the Solicitors Regulation Authority (SRA ID Number: 607617)