Buying a home at auction can avoid the usual drawn-out process and buyers may be able to bag a bargain. But there are several things to consider before, during and after when buying at auction.
James Emson, president of the National Association of Valuers and Auctioneers (NAVA) Propertymark, said: “Although there are many things to consider when buying an item at auction, it’s a chance to have fun and it really doesn’t need to be complicated.