Property Auctions Derbyshire

The No.1 Property Auction in South Yorkshire

Selling a Property at Auction in Derbyshire?

Whether you need to sell a property quickly, you want the money faster, or you’re just having no luck selling your property through estate agents, selling your Derbyshire property could be the perfect route for you.

Having conducted over 300 auctions - in the last 30 years - in and around the Derbyshire area, Mark Jenkinson property auctioneers have a wealth of experience and knowledge of selling residential properties, commercial properties, and land development throughout Derbyshire, so if you choose to sell your property at auction with us, you can rest assured that you’re in safe hands.

If you are thinking of selling your Derbyshire property at auction, the first thing you will need to do is arrange a free market appraisal. This is an appointment for our expert valuers to come to your property and provide you with an accurate estimate for your property, as well as discuss what your best options are. If you decide to sell at auction, your guide price should be based off this valuation.

If you then decide to go ahead and sell your property at auction, you will need to instruct us at Mark Jenkinson as your property auction house. We will ask you to sign all the necessary documents and pay an entry fee for the auction. Once this has been done, we will then market your property on all of the appropriate channels. Your property will also be included in the latest copy of our auction catalogue, which is sent out to 1000s of property investors throughout the UK.

If your property sells on the day of auction, the buyer will be required to pay 10% of the selling price as a deposit, on the day. The remaining amount is then required to be paid within the 28 days following the auction. This means that it is less likely that the sale of your property will fall through, as is a risk with traditional selling.

Buying a Property at Auction in Derbyshire?

Whether you are a property investor, or are just looking for your next home or land, buying at auction could be ideal the way for you to purchase your next property in Derbyshire.

Buying a property at auction can be a daunting thing, especially if it’s something you have never done before, but the property auctioneers at Mark Jenkinson are here to answer your questions and help you throughout the process.

The first thing you will need to do when thinking of buying a property at auction is, contact us to receive a copy of our latest auction catalogue. This will show all of the properties available at our upcoming auction. If you do see a property you like, you can then arrange a viewing of the property, dependent on the circumstances.

Once you have found a property in Derbyshire you are interested in bidding on, you will need to arrange any necessary finances prior to the auction day. We would also recommend instructing a solicitor, to deal with the terms of the sale etc, should you win the property at auction.

Prior to bidding you will need to register for the auction. This can be done on the day, at the registration desk.

If you win your desired property at auction, you will be legally required to pay 10% of the overall selling price, as a deposit, and the remaining amount must be paid within 28 days following the auction. This is why it is important for finances to be arranged prior to the auction.

If you have any questions about buying or selling a property at auction in Derbyshire, please don’t hesitate to contact the property auction team at Mark Jenkinson today.

 

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