contract will be needed which includes particulars of sale describing the property, conditions relating to the
terms of the sale, and a memorandum which will be signed by or on behalf of the buyer at the auction.
Your solicitor should also prepare a legal/auction pack to accompany the auction contract containing title
documents, replies to general enquiries, a local authority search, a drainage and water enquiry, an
environmental search plus any other searches relevant to your property, for example, a flood risk report.
The auctioneer will provide interested buyers with copies of the contract and auction pack prior to the
auction. Your solicitor should attend the auction to answer any queries from prospective buyers.
At the auction the contract will be made when the auctioneer accepts the highest bid offered. In general,
completion takes place 28 days after that.
These answers can only be a very brief commentary on the issues raised and should not be relied on as
legal advice. No liability is accepted for such reliance. If you have similar issues, you should obtain
advice from a solicitor.
Fiona McNulty is a solicitor specialising in residential property