Auctions
It is a commonly held misconception that you need cash to buy at auction. You don’t.
If you are the successful bidder either in person or online, 28 days are allowed in most cases to provide completion funds, although the deposit of 10% has to be paid on the day.
We have regularly aided clients both before and after auction. Should this method of acquiring property be of interest to you please contact us to discuss your options further.
The Mayfair Consultancy is authorised and regulated by the Financial Conduct Authority for mortgages. Some forms of Buy To Let mortgages are not regulated by the Financial Conduct Authority. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK. Your property may be repossessed if you do not keep up repayments on your mortgage. We will charge a fee of between £0 and £650 of which up to £150 will be charged at full formal application to a lender, the remainder on offer. The precise amount will depend on your circumstances. We may also be paid a fee from the lender.