In conclusion, do your homework before buying land or property at auction. If you do then you will be confident on auction day that you are purchasing the right lot for the right price for the right purpose.

Need a legal pack reviewed?

At Amphlett Lissimore, our commercial property solicitors can help to ensure you know the ins and outs of buying at auction before you decide to bid for it. We will provide you with a detailed report based on the legal pack, searches, and any special conditions the auction may have. If you would like to learn more about our auction transaction services, please contact the commercial property team on 020 8771 5254.