I'm trying to buy somewhere as a home but like loads of others here, I'm finding that prices seem to be just going up and up I'm being priced out of where I want to buy basically. So, buying something (a wreck) at an auction and doing it up seems to be an interesting option. I've got a lump sum so I don't need mortgage finance but I'd think I'd be buying at the lower, more competitive end of the market. Has anyone bought at auction? It seems a bit intimidating but that is maybe because I'm not familiar with it all. I know you gets legal pack with search info and leasehold title info etc. but what are the main pitfalls? Am I mad?!
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Has anyone bought at a property auction?
4 replies
feelingthechill · 10/07/2015 17:53
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