10 Feb 2026
From due diligence to budgeting and bidding psychology—these 10 tips help you bid confidently and avoid the most common auction pitfalls.
Property auctions reward preparation. Whether you’re buying a home or investing, these practical steps can help you stay in control and avoid expensive surprises.
1) Read the legal pack early (and ask questions).
2) Factor in all costs: fees, stamp duty, refurb, insurance.
3) Arrange finance in advance—auction completion is fast.
4) View the property and take notes/photos where allowed.
5) Get your solicitor to review special conditions of sale.
6) Set a maximum bid and stick to it.
7) Understand deposits and deadlines—be ready on the day.
8) Watch for addendums and last-minute updates.
9) Don’t assume guide price equals value—do your own valuation.
10) Keep emotions out of it—bid with numbers, not adrenaline.
Auctions can be one of the most transparent ways to buy property—provided you do the groundwork. If you want support understanding a lot before bidding, we’re happy to point you in the right direction.
Auction News9th Feb, 2026
A practical guide to selling at auction—what happens week by week, typical costs to budget for, and how to get your property ready for competitive bidding.
Continue Reading
Auction News8th Feb, 2026by Faiz Khan3 min read
A reserve price is the minimum amount a seller will accept at auction and it remains confidential to keep bidding competitive. If the reserve is met, the property is sold on the day; if not, it may still be negotiated after the auction. For buyers, the key is bidding based on value—not the reserve—while sellers benefit most from setting a realistic reserve that encourages strong competition.
Continue Reading
Auction News7th Feb, 2026
The legal pack forms part of the contract. Here’s what it contains, what to look for, and why reviewing it early is essential.
Continue Reading