Attwells’ auction property team has experts based in each of its offices. We recommend you obtain legal advice prior to committing to a purchase. This will allow time for the contents of an auction legal pack to be reviewed.
Our lawyers can provide you with a fixed fee to review an urgent auction pack, in addition to identifying the risks for you. We pride ourselves on being able to offer clients a 48-72-hour turnaround from the point of receipt of your legal pack.
We recommend you obtain legal advice prior to committing to a purchase. This will allow time for the contents of an auction legal pack to be reviewed.
Reviewing the legal pack: An auction purchase is legally binding and you only have a small window of opportunity to arrange your mortgage funding (after the auction you are required to complete 28 days later). If there are any problems with the property, this can hold up the release of funds or prevent you from getting a mortgage.
Even if you have access to an auction legal pack there may be important information missing. Attwells can check your auction legal pack and identify anything that might have been left out. You also need to be aware of any special conditions such as specified completion timings, additional fees, etc and we can help with this.