Auctions

Land Auctions Debunking Myths

Breaking Down the Myths: Debunking Misconceptions About Land Auctions

Land auctions often evoke images of intense bidding wars and high-stakes transactions. However, beneath this perception lie several misconceptions that can deter potential buyers or sellers from participating. In this blog, we’ll delve into some of the common myths surrounding land auctions and provide clarity to help you navigate this dynamic market with confidence.  

Breaking Down the Myths: Debunking Misconceptions About Land Auctions Read More »

Buying To Build

Buying to Build: A Growing Trend

In the realm of property, there’s a rising trend that’s catching the attention of savvy homebuilders and investors alike: purchasing land at auctions for the purpose of building one’s dream home. This unconventional approach to homeownership is gaining momentum for several compelling reasons, offering a unique set of benefits that traditional property transactions often can’t

Buying to Build: A Growing Trend Read More »

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    Bidding registration deposit

    The bidding registration deposit is required in order to be approved for bidding. The amount is £2,400 per lot and is deducted from your deposit upon exchange, if you are the highest bidder. If you are not the highest bidder, the bidding registration deposit is refunded to you, in full.

    Bidding online

    Once you’ve been approved to bid, our registrations team will send your login details. On the day of the auction, click the ‘Live Auction’ button displayed on our homepage, login and start bidding. There will be a live video feed of our auctioneer and presenter, who’ll be talking through the lots, providing insightful tips and information.

    Bidding by telephone

    A Connect UK Auctions representative will call you prior and during the auction and place bids on your instruction. You will also be able to watch the live auction on our website via Connect Realtime®

    Bidding by proxy

    Here you will advise us of your maximum bid amount, and we’ll bid on your behalf up to this figure. We will always endeavour to secure the property for you, either at, or below your maximum bid amount, if possible. If another bidder exceeds your maximum bid amount, your proxy bid would end.

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