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Selling at Auction
Property owners selling by auction need to instruct their solicitor
to prepare a legal pack or Home Information Pack – the Auctioneers
can advise which is applicable. This is then passed to the
Auctioneers so that it can be made available for inspection by
interested parties and prospective bidders in good time prior to
auction.
Pennycuick Collins work with their seller client’s solicitors to
prepare the property for sale by auction and where necessary can
obtain a Home Information Pack and Energy Performance Certificate.
Pennycuick Collins operates a contracts desk and ‘saleroom agent’
system in the auction saleroom. This means that the seller’s
solicitor can either attend the auction to deal with the legal
formalities, or appoint the Auctioneer’s ‘saleroom agent ‘to act on
their behalf – this often being more convenient and economical.
The Auctioneer’s saleroom agent is James Pearce & Co who
offers both residential and commercial conveyancing services.
Buying at Auction
Before bidding at auction prospective buyers need to take
professional legal advice as detailed in the Auctioneer’s Conditions
of Sale (printed in the catalogue and shown on this website). A
bidder will also need to have appointed a solicitor to act on their
behalf in readiness for a successful bid.
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