Are there house auctions in Scotland?
Fortnightly online property auctions. Bid live, in real time on Residential and Commercial Property and Land. The quickest and simplest way to buy property in Scotland is with Online Property Auctions Scotland!
Can you get a mortgage on an auction property Scotland?
Unless you are buying a very cheap property, you will probably need to get a mortgage. When you are approaching different mortgage lenders, you must let them know that you are intending to buy at auction, as some lenders are reluctant to offer mortgages for auction properties.
How do you sell a house at auction in Scotland?
arrange for potential buyers and their surveyors to view the property. prepare an information pack with details of the title deeds and any other conditions of the sale. arrange the sale of your home on the day of the auction. sign the contract for the sale on your behalf.
What does guide price mean?
What does a guide price mean? A guide price is usually the minimum amount a seller wants for their house. It’s how much the owner thinks their property is worth.
What makes a property Unmortgageable?
Properties become unmortgageable for many reasons: The previous owner allowed it to fall into disrepair, the banks are tightening their criteria, or the property does not meet the necessary requirements to take out a loan. But if you see promise in the property you do not have to let it go to waste.
Can you bid at an auction without pre approval?
You can bid at auction with pre-approval, but if you’re the highest bidder you’ll need to pay the deposit after the auction.
Can I offer below guide price?
Again, this depends on the market and how many buyers are interested in the property. But as a general rule, it’s considered acceptable to offer 5-10% lower than the asking price. It’s worth remembering that if your initial offer is refused, you can always come back with a better one.
What kind of property do we offer at auction in Scotland?
Our regular programme of large scale Scottish property auctions feature lots from throughout the country including a mix of Commercial and Residential property as well as Land and other development opportunities. Book your FREE VALUATION >>
Who are future property auctions-Edinburgh Catalogue?
Future Property Auctions – Edinburgh Catalogue Glasgow based Auctions, Auctioneers and Valuers of Scottish Land & Property . Our regular programme of large scale Scottish property auctions feature lots from throughout the country including a mix of Commercial and Residential property as well as Land and other development opportunities.
When is the next online auction in Scotland?
Our next online auction is Wednesday 23rd February 2022 at 2.00pm. An independent auction house offering a dedicated auction service covering all aspects of commercial and residential property throughout Scotland.
Where can I get a free auction market appraisal in Scotland?
Operating throughout Scotland, contact a member of our professional auction team on 0141 348 7590for your free auction market appraisal today. Free valuation Quick and easy – no fuss