Just six weeks on from the reopening of the English property market, increased demand is tipping over into activity, with sales agreed across the UK now 4% higher than levels recorded in early March, before lockdown took hold. read more
Buying and selling a house is often referenced as being one of the most stressful life experiences that we can go through as adults. Many sales go through smoothly but for others, things can go wrong - leading to delays, upset, misery, fall-through and unhappy clients. read more
While the Covid-19 pandemic has impacted all industries, including the property sector, auction houses continue to remain positive, with buyers and investors turning to remote bidding in order to secure a sale safely and securely. read more
Going to Auction with Brighton & Beck is this fantastic development within the sought after locale of Picton Road, Liverpool. The property comprises of 3 Victorian, 3 storey, mid-terraced buildings, which have been amalgamated to comprise ground floor retail / office accommodation. The upper floors provide a 15 bedroom potential house of multiple occupation (HMO) (subject to consent). The full development can potentially offer a combined rental income of £106,900 (including estimated Bio mass kick back). Giving an outstanding overall yield on full occupancy of 18.6% on Guide Price *** OPEN VIEWING SET 18TH JULY*** TO ARRANGE A VIEWING SLOT PLEASE CONTACT THE OFFICE ON: 08001303341 or firstname.lastname@example.org PLEASE BE ADVISED, NO VIEWINGS WILL BE PERMITTED ON THE DAY IF NOT ARRANGED PRIOR.
There’s only one rule to buying at auction and that’s due diligence, due diligence and more due diligence. If you follow this rule and you will not go wrong when buying. Different deals suit different buyers, but if you take the time to look over the legal pack, home report (where applicable) and look at comparable sales for the area then you will know your own purchase margins. Unless you are comfortable with the location then we would recommend an open viewing to know the general condition of the property and the locale it is in.
You will need to complete our online money laundering application and will require to have one of the following forms of identification:
Photographic ID (Passport, Driving Licence)
If you are the winning bidder, we will notify you with instructions to pay the Buyers Premium*. Then you and both solicitors will receive an email to confirm that you have successfully secured the property. You will be required to pay a 10% deposit of your winning bid, this will be held by Brighton & Beck and released to your solicitor 24 hours prior to settlement.
You are now ready to offer. Happy Bidding!
* The Auction company will take a non-refundable buyers fee. Please view our Purchase Conditions for further information.
When Buying at auction you will have between 9-28 days to complete the transaction depending on what the terms requested in the legal pack states. In order to get the deal settled within this timescale your funding method will either be CASH or BRIDGING LOAN, our finance partners are here to assist you with your purchase.
It is essential you choose the right solicitor to act for your sale/purchase. Our panel of solicitors have been specifically chosen due to the fact that they can work to strict timescales, multiple property chains and will always put your interests first at all times.