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PropertyLive.co.uk have produced a series of short films to answer some of the questions buyers, sellers, tenants and landlords often ask.
Should I get a structural report done on the property I'm interested in buying at auction?
Buying at auction is just the same as buying any other property but the main and significant difference is that all checks and enquiries are done before the auction day.
So in a typical auction sale, you will have spoken with your solicitor, taken a survey if you require one and made and the relevant checks with the contracts. It's not like private treaty sales where its subject to contract and then you will have your surveys after.
Ensure all checks and any enquiries you may have out of the way before the auction day because if you buy at auction, you are committed to proceed.
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