Next Auction date: 10th December 2020

   

Next Auction – 10 December 2020 – online bidding only

In accordance with the Covid-19 Regulations and Government guidance all lots will be sold by a timed auction via the online auction area of our website, until further notice.

If you haven’t already setup an account to bid online, please visit our online auctions page above and click on the lot you are interested in, then click “register to bid”.

The auction is live and bidding is made via your mobile device, laptop or desktop computer. The process is transparent and you will be able to see all of the bids placed in real time.

In order to authorise you to bid we will require ID documents certified by a Leaders Romans Group employee or a professional person including a bank or building society official, minister of religion, chartered accountant, solicitor or notary, that contain the following:

  • A statement confirming “Certified to be a true copy of the document seen by me and a true likeness of the person”
  • Details of the person certifying and indication of professional status
  • A signature and date with a printed name
  • The occupation and address or telephone number of the person certifying

Our local branches are able to certify your documents.

For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. You will be able to register for this by clicking on the lot you are interested in and then the link provided. If you have any enquiries regarding the content, please ask your solicitor to contact the sellers’ solicitor for assistance.

For further information and advice Telephone: 01344 753120 or Email: auctions@leaders.co.uk

 

A guide to buying property at auction

online account

Step 1: Online account

Create an online account by going to the lot you are interested in and clicking on “Log in / register to bid”.  Follow the step by step process to complete your account to watch and bid on the Lot.

legal pack

Step 2: Legal pack

Before bidding at the auction, we advise that you thoroughly satisfy yourself by reading the legal pack and consulting with a solicitor or licensed conveyancer. You can download it by clicking on the lot you are interested in and using the link provided on the right.

viewings

Step 3: Viewings

Internal viewings will be permitted for bidders who have registered to bid online via our website. All confirmed viewings will be undertaken strictly by appointment only.

auction day

Step 4: Auction day

Our auctions start at 9.00 AM and the closing time for bids will vary for each lot. You will be required to setup an online account and submit your registration form before the auction to participate.

fall of gavel

Step 5: Fall of the gavel

Contracts are exchanged at the fall of the electronic gavel. Your card will be automatically debited for the bidder security amount of £5,000 and we will require the remaining balance for a 10% non-refundable deposit and a buyers charge of £950 plus VAT to be transferred.

completion

Step 6: Completion

Completion normally takes place just 20 working days (4 weeks) after the auction as per the special conditions of sale, when the remaining balance of the purchase price is paid.

Online auctions

Combining the best parts of the traditional sales method with auctions we’ve created a new product; online auctions. Online auctions offer a modern method for buying and selling property in an auction environment and are accessible to everyone. 

Our high-tech, online property auction portal is a fast, easy and efficient tool for buying and selling properties. If you are unable to attend our auctions venue or just simply live too far away, buying and selling via our online portal is the ideal solution. 

We don’t class online auctions as a separate service from a public auction, instead we think of the two as different venues. Buyers and sellers can utilise both methods and our specialist agents can advise on which venue they feel is most suited to the property and your circumstance. 

Online Auctions

Buying a property at auction

  • Every year thousands of people buy property at auction in the UK. Whether you’re a home buyer, investor, or developer the auction buying process is very simple and provides you with:

    • Fairness: All interested parties & buyers have an equal opportunity to bid.

    • Security: The contracts are exchanged on the day of the auction so there is no opportunity for gazumping

    • Speed: You can exchange contracts on a property in days and weeks rather than months

Attend one of our property auctions

Directions

Our sale room is located at the Conference Centre, 100 Longwater Avenue, Green Park - just off junction 11 of the M4 at Reading.

The Conference Centre is set within attractive landscaped grounds arranged around a picturesque lake and there is free car parking on site. Within the building there is a restaurant serving drinks, snacks and hot meals.

100 Longwater Avenue,
Green Park,
Reading,
RG2 6GP

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Meet your auction experts

Simon Clayton

Manager and Auctioneer

Simon has worked in the property industry for over 30 years and is a qualified member of the National Association of Valuers and Auctioneers.

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Gareth Bell

Auctioneer

Gareth has worked in the property industry for over 25 years. For over 15 years he has worked as an auctioneer overseeing residential and commercial disposals.

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Daniel Gale

Surveyor

Daniel has worked in the property industry since 2006. He has experience in residential and commercial property.

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How to sell your home at auction

How to sell your home at auction

Contrary to the belief that property auctions are only ideal for old or derelict properties, there are many reasons selling a property at auction could work for you. In particular, if you’re looking for a speedy sale and ...

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