How do I buy a property at auction?

Buying at a property auction can be cheaper and quicker than a regular sale. But if you're thinking of buying a home at auction, make sure you know what you’re doing before you arrive. How do I buy a property at auction? - Usual rules apply - view the property at least once - Always get a survey done if you’re planning to buy - Ensure your finances are in place - as soon as the hammer comes down the home is yours On the plus side, you could find a great deal, and it’s usually possible to move in quickly because you won’t be in a chain. But on the downside, they can be risky, you need to have your mortgage and money ready, and the quality of properties can vary. For help getting a mortgage in principle sorted before visiting an auction, call Which? Mortgage Advisers on 0800 9805 489 and for more expert advice on buying property at auction visit https://ift.tt/2NIqinj. Which?: http://www.which.co.uk Twitter: https://twitter.com/whichuk Facebook: https://ift.tt/1fAOmna