What happens if you buy a leasehold flat at auction? Buying a leasehold flat at auction is not the same as buying a freehold house — and the differences matter
Can you get a mortgage for an auction property? Getting a mortgage for an auction property is possible — but it is far more complicated than arranging finance for a
What is a fire risk assessment and why does it matter when buying at auction? A fire risk assessment (FRA) is a legal requirement for most residential buildings in England
Can you pull out after winning a property auction? The legal reality Can you pull out after winning a property auction? Technically, yes. But the financial and legal consequences are
Can you buy auction property through a company or SPV? Yes — you can buy auction property through a company or SPV, and it is an increasingly popular approach among
Building Safety Act and EWS1 form explained for auction buyers The EWS1 form and the Building Safety Act 2022 have fundamentally changed what it means to buy a leasehold flat
What is a memorandum of sale in property auctions? A memorandum of sale is one of the most important documents in any auction property purchase — yet many buyers are
Can you pull out after winning a property auction? The legal reality Can you pull out after winning a property auction? Technically, yes. But the financial and legal consequences are
What is an LPE1 form and why is it missing in auction legal packs? The LPE1 form is one of the most important documents in any leasehold property transaction —
What happens when you win a property at auction? (legal breakdown) When you win a property at auction, the legal consequences take effect immediately. Unlike a conventional estate agent sale,