Selling at auction

Free valuation
Recently sold

Sell today, complete in 28 days

Not only does auction offer speed and security but this method of sale holds numerous benefits over that of traditional estate agency sales. Clients turn to auction for a number of reasons whether job relocation, emigration, matrimonial issues, probate, outgrowing the property, or simple frustration with the open market. Often the sale achieves a higher price via this method due to the competitive bidding of the room.

 Residential property
 Properties for improvement
 Tenanted properties
 Probate properties
 Repossessed properties
 Development propositions
 Building land
 Commercial investments
 Mixed use properties
 Amenity land & other property
 Large residential and commercial portfolios

Traditional auction Vs
modern method of auction

Why are sellers using the traditional method of the auction in almost every case?! Over the past year or so, Connect UK Auctions have received calls from thousands of clients in the UK with unsold properties using the Modern Method of Auction.
Compare traditional vs modern

Why do people sell at auction?

You are in full control at all times. From the reserve price to the guide price, we are here only to advise. Setting an attractive guide price instills the engagement of potential buyers. The competitive atmosphere and the variety of bidders from different sources will push up the price organically. If a property is suitable for auction – expect the sale price to reflect that.
Property and land auctions are best known for selling with speed. On the fall of the gavel contracts are exchanged and completion usually 28 days after. By following our advice and pricing the property at an attractive level, you can be sure of a quick sale and sometimes even a pre-auction sale. This timescale is legal and binding. Clients are attracted to the promptness of a swift completion of a sale.
Imagine a sale with no possible fall-throughs, gazumping or gazundering. Once the gavel falls the buyer and seller are legally bound to the sale and contracts are exchanged. Neither party can pull out. Not only this, this method of sale eliminates any long negotiation processes and seller chains. This gives you, as a seller, total security, full control and peace of mind that your sale is guaranteed.
Once the gavel falls, your buyer is legally committed to purchasing and cannot change their mind without the penalty of losing their deposit as well as ongoing legal expenses.
Competition is good; gathering all potential purchasers together in the same place at the same time creates a sense of urgency and wanting, so you can be rest assured the price achieved is the best you could possibly obtain.
Once a pre-auction offer is accepted or by the fall of the gavel, the paperwork is then signed and exchange of contracts will take place at the agreed price, so there is no renegotiating or gazundering. (A legal pack is required for all potential purchasers to review prior to committing to purchasing a property).

Properties are marketed both locally and nationally to create the greatest amount of interest. Included in the marketing campaign is the following:

  • Regional newspaper advertising
  • National internet and website portal advertising inc Rightmove and EIG
  • An erected ‘Auction For Sale Board’
  • Personal property listing within the Connect UK Auctions brochure and website
  • Postings to Company social media accounts including Facebook, Twitter, LinkedIn and Instagram
  • Individual property mailouts to thousands of active and ready-made buyers
  • Maximised exposure, with thousands of potential buyers logging in to watch the auction
Frequently asked questions

Recently sold lots

View all recently sold lots

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.