Conveyancing, Property

The Conveyancing Process for Selling a Property at Auction

The Conveyancing Process for Selling a Property at Auction

Pre-Auction

If you instruct Gordon and Thompson Solicitors prior to the auction, our team will prepare a comprehensive legal pack, including title deeds, searches, contracts, and other essential documents. 

You will need to provide detailed property information for the auction catalogue, such as the address, description, guide price, and energy performance indicator. We ensure all legal details are accurate to prevent any liability for inaccuracies.

Within the Auction

On auction day, when the property is sold, the buyer will sign the contract and is required to pay a deposit, legally binding them to the purchase. This step secures the sale and sets the stage for the next phase of conveyancing.

Post-Auction

After the auction, Gordon and Thompson Solicitors will manage the remaining legal processes, including transferring funds and title deeds, typically within 28 days. 

We ensure the property is registered with the Land Registry in the buyer’s name and complete the sale. Our team handles all necessary tasks to ensure a smooth and efficient transaction.

Trust Gordon and Thompson Solicitors for professional and efficient handling of your auction property sale.

 

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