Read Maurice Auctioneers
Our online platform allows approved bidders to view auction properties and place bids wherever they are. Each property listing provides the auction timetable, bidding information and access to the available legal documents.
Buying at auction
Our online property auctions combine Read Maurice’s local knowledge and personal service with the convenience of online bidding.
Whether you are selling a home, an investment property, commercial premises or land, we will help you decide whether auction is the right approach and guide you through the process.
Our auctions are hosted through our website using technology powered by EIG Property Auctions.
View our auction properties
Before you bid
Arrange a viewing, read the full legal pack and ask your solicitor to review the documents, including the special conditions and any addenda.
Complete any surveys or investigations you require and ensure your finance is in place. An unconditional auction purchase cannot be made subject to obtaining a mortgage, a survey or further approval after the auction.
Check the property listing and legal documents again before bidding, as information may be updated.
Register to bid
You must register through the auction platform and complete the required identity checks before you can be approved to bid. Please allow sufficient time to complete registration before the auction closes.
If you are bidding on behalf of someone else or a company, you must provide the relevant details and have authority to act for the buyer.
When your bid is successful
Where the reserve price is met and your bid is accepted at the close of the auction, you are legally committed to the purchase under the published auction and sale conditions.
You must pay the required deposit and buyer’s fee within the deadlines stated in the auction terms, and complete your purchase on the date specified in the legal pack.
Deposit and buyer’s fee
The successful buyer must pay:
A deposit of 10% of the purchase price. This forms part of the purchase price and is credited towards the balance due on completion.
A buyer’s fee of £1,500 plus VAT, totalling £1,800 including VAT. This is payable in addition to the purchase price.
Additional costs may apply under the special conditions for an individual property. Please review the property listing and legal pack carefully and allow for all applicable charges, taxes and professional fees before bidding.
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Read Maurice Auctioneers is a trading style of Read Maurice Residential Limited. All sales are subject to the published auction terms, the relevant sale conditions and any addenda. Please read these documents before bidding.