: You need "ducks in a row" regarding funds. While some use mortgages, many auctions require a 10% deposit immediately and the remaining 90% within 28 days. Traditional lenders may not move fast enough, so many buyers use cash or bridging loans. The Bidding Experience
: You must have a solicitor review the legal pack, which includes title deeds, local searches, and any restrictive covenants. buying a house through auction
Auctions can be high-pressure environments where "auction fever" leads buyers to overspend in the heat of the moment. : You need "ducks in a row" regarding funds