An auction purchase is legally binding the moment the hammer falls. Our specialist solicitors provide a fast, fixed-fee review of the auction legal pack to uncover costly issues *before* you bid, empowering you to invest with complete confidence.
The legal pack can contain complex documents. Our solicitors meticulously check every detail to provide you with a clear "Red Flag" report, summarising the key risks before you bid.
We verify the seller's legal right to sell and check for any defects or restrictions on the property title registered with the Land Registry.
For investment properties, we scrutinise the terms of any existing commercial leases or residential tenancy agreements to identify risks.
This is where costly surprises hide. We meticulously check for hidden fees, unusual completion terms, or other liabilities you would inherit.
We analyse the included property searches for any planning restrictions, enforcement notices, or environmental issues that could affect the property's value.
Time is critical. We don't just review the pack; we provide a clear, actionable summary of our findings in plain English, allowing you to make an informed financial decision quickly.
We prioritise auction pack reviews and can typically provide a full report within 24-48 hours, ensuring you have the advice you need before auction day.
We provide a fixed fee for the legal pack review, so you know your costs upfront. If you win, we offer a separate fixed fee for the post-auction conveyancing.
If your bid is successful, our property solicitors will seamlessly handle the entire conveyancing process right through to completion and registration.
A winning bid at a property auction is a legally binding contract. You are committed to the purchase from that moment. A pre-auction review is the only way to carry out your legal due diligence and avoid inheriting costly problems.
We understand the urgency of auction deadlines. We prioritise auction pack reviews and can typically provide a full report within 24-48 hours of instruction, depending on the size and complexity of the legal pack.
These are clauses specific to the auction sale that override standard conditions. They often contain the most significant risks, such as additional fees, short completion dates, or known defects. This is the most critical part of our review.
An incomplete pack is a major red flag. It may be a simple oversight or an attempt to hide a serious issue. Our property auction solicitors will advise you on the risks of bidding on a property with missing documentation.
Contracts are exchanged on the day of the auction. You will typically be required to pay a 10% deposit and the auctioneer's fees immediately. As your appointed solicitor, we handle the legal formalities from this point onwards.
The completion date is fixed in the contract, and it is usually very short - typically 28 days after the auction. It is essential to have your finances in place before you bid, as failure to complete on time has severe financial penalties.
Yes. Our service includes both the pre-auction review and the full post-auction conveyancing service to take your purchase through to completion and registration at the Land Registry.
Don't risk your investment. Get a fast, fixed-fee legal pack review from our specialist auction solicitors and make your next purchase a success.
Request a Callback Today0330 333 8797
info@wildings-solicitors.co.uk
862-864 Washwood Heath Rd, Ward End, Birmingham, B8 2NG
Monday to Friday
9.00am - 5.00pm
Wildings Solicitors are authorised and regulated by the Solicitors Regulation Authority (no. 552128). Wildings Solicitors is a trading name of Wildings Solicitors LLP, a limited liability partnership registered in England and Wales. Registration Number OC360274 registered office 862-864 Washwood Heath Road, Ward End, Birmingham, B8 2NG. A list of Directors is available from the registered offices. We do not accept service by email.
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