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Auction Pack Review
Our panel of carefully selected Specialist Lawyers are always here to support and assist when needed.
What is a Auction Pack Review?
When considering purchasing a property at auction, it's essential to be aware of both the benefits and risks involved, given that winning the bid legally obligates you to complete the purchase, unlike the standard conveyancing process. Before the auction, you will typically receive a legal pack from the auction house, which may sometimes be inadequate, especially in cases of repossession where the seller had no ownership or residence in the property.
The auction legal pack should include key documents such as the;Contract of Sale, Title Plan, Register of Title (title deeds), Conveyancing Searches, Protocol Forms (TA6, TA10, and TA7), and, if applicable, a Leasehold Information Pack detailing ground rent, service charges, and major works for leasehold properties.
Our carefully selected panel of specialist lawyers can advise accordingly and provide a full report of all the legal implications before entering into a binding agreeement. Which they aim to do within 24 hours of receipt of instructions.
Find out how our panel of specialist lawyers can assist you.
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