Tip: I only ever recommend dealing with auction houses who are NAEA-protected, NAVA-protected, and are members of the Property Ombudsman.
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Tip: If you’re selling your house at auction it’s a good idea to look for an auction house with a strong focus on your area.
- Free referral to my #1 Leading Auction House in your area.
(Take the guesswork + time out of choosing who to use) - Free valuation + all your auction questions answered...
(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
(Exclusive discounts for Home Selling Expert readers)
We break performance into 3 key parts: Market Share, Succes Rate, and Customer Satisfaction.
Market Share
Tip: When you’re deciding which auction house to sell with, a larger market share can mean a safer bet.
Don't rule out smaller auction houses though. Your experience with a company ultimately comes down to the person you deal with there, rather than the size of the company. Read more here.
Success Rate
Tip: A higher success rate usually means an auction house is more realistic with their valuations, are less likely to take on customers with unrealistic expectations, and may be more efficient at generating interest and bids from buyers.
Reviews
Tip: Review scores are important to consider, but it’s important know what customers are actually saying as well. We outline the overall themes of their reviews further down this page.
Commission Fee
Buyer's Premium
Tip: Buying at auction? More than 25% of buyers get caught out by unexpected fees. Don't be one of them. Download our free checklist and learn where to spot hidden auction fees.
Other Fees For Sellers
- Free referral to my #1 Leading Auction House in your area.
(Take the guesswork + time out of choosing who to use) - Free valuation + all your auction questions answered...
(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
(Exclusive discounts for Home Selling Expert readers)
Good things people say (Pros)
What can be improved (Cons)
What types of auction do they run?
Auction House London run traditional property auctions which are hosted remotely at their live online auction events which tend to run every couple of months.
With traditional auctions, a 10% deposit is paid and contracts are exchanged immediately. The sale would complete 28 days later.
What happens on auction day?
The auction will be streamed live, and you will be able to watch the auctioneer and see everything unfold in real time.
Potential buyers can make offers by telephone, proxy or online.
If the property reaches the agreed reserve price, then the lot will be sold with an immediate exchange of contracts. The buyer will have to pay a 10% non-refundable deposit.
What happens if your property doesn't sell at auction?
If the property fails to sell at auction your contract will automatically extend for an additional 8 weeks. During this time, Auction House London will try and tie up a post-auction sale for you.
You can also enter the lot into the next available auction at no additional cost.
If the property is still unsold after those 8 weeks, you’re released from the contract and can move on.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
Your property will be advertised on the UK’s busiest auctions website, Auction House, in addition to all major property websites, such as Rightmove and Zoopla.
Auction House London also have an email database of circa 100,000 active auction buyers. Your property will be proactively sent to local buyers and feature on their social media pages as part of their diverse marketing strategy.
You will also get a “for sale by auction” sign to put up outside the property.
The advertising process is carried out over a period of 4-6 weeks prior to the auction date to ensure your lot is visible and available to all potential buyers.
How do they get property photos?
A member of the auction team will take the photographs and property measurements when visiting the property to carry out the valuation.
Will your listings include a floor plan and video walkthrough?
No, the listing will usually just include photographs.
A member of the auction team will carry out viewings on your behalf. They will usually arrange for two 30-minute open viewings to take place prior to auction, but this can be increased if needed.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
A member of the auction team will meet you at the property to carry out the valuation.
They will then work with you to come up with a reserve price that you are happy with, and you can then decide whether you’d like to move forward.
The contract runs up until the auction date (usually around 4-6 weeks away). It extends for an additional 8 weeks if the property fails to sell.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
Showing last 12 months of auction results. Use the tabs above to see Upcoming Auctions.
* = Estimated based on sold prices available
Showing upcoming auction events.
- Free referral to my #1 Leading Auction House in your area.
(Take the guesswork + time out of choosing who to use) - Free valuation + all your auction questions answered...
(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
(Exclusive discounts for Home Selling Expert readers)
