Locating repossessed homes on the internet can be a little difficult. For that reason we have done the hard work for you – i.e. sourced the top five free property auctions websites currently available.
All you have to do is visit the property auction sites as a means of establishing which one may possess the listing that’s most appropriate to your requirements. Not all houses for sale will be direct house repossessions – but that doesn’t mean you can’t bag yourself a great bargain.
Many private vendors appear on these sites. There are plenty of home owners that have houses for sale for reasons other than they need to sell up fast. Some inherit a home, and have no need or wish to hold onto the property.
Others may be landlords, wishing to move away from letting their some or all of their houses. Then there’s the property investors – that buy and sell houses as a means of generating income. House repossessions are part and parcel of auction listings but – bank owned properties are but a part rather than the whole.
The biggest problem potential home buyers’ face is pinpointing the sites that actually sell auction property – and beyond that is the need to pay up front for the lists that they possess. Many of them charge an annual fee of around £100 or more – just to share information that is freely available.
This is another niche found within a much bigger niche – that being the housing market itself. If you’re prepared to spend time exploring property auction websites, then you’ll find what you’re looking for, without having to put your hand in your pocket.
For that reason yorkshire.bankproperties.com has compiled a list of some of the best house auction websites in the UK. Most of them will deliver countrywide results; some are localized to the Yorkshire region.
Property Auction Websites
DDM Auctions This property auction website allows you to bid for property online. This is becoming the new method of buying at auction and it’s slowly growing in popularity – you get to bid from the comfort of your home or office, thus removing the need to travel. You need to sign up (free) in order to bid in keeping with required legalities (name, address etc etc) and beyond the sign up – the site is easy to navigate and well worth checking out.
Country Wide Property Auctions A country wide auction property site, again register as a means of receiving the catalogue or view online. You can narrow down your search easily enough, by way of clicking on a property auction venue in an area that interests you. The auction lots are clearly set out and provide basic information – however you can contact the agent direct as a means of arranging a viewing/ requesting more information.
Manning Stainton Property Auctions An easy to navigate property auction site – you can view and/or download their current catalogue online or simply view what’s on offer on the website itself. Lots of info is available – legal pack, floor plans, photos, particulars of the properties and so on. Definitely gets our thumbs up as one of the best UK auction property sites on the internet.
Must Be Sold Don’t let the location in the URL put you off – this site sells a good selection of auction property across the UK. Easy to find your way around, lots of information available, listings clearly set out – plus you can bid and buy on properties online. Plenty of scope for buying at auction and you can search onsite for the property you’re hoping to locate and purchase.
Whitehot Property UK Though this site is – in our opinion – cluttered and not the easiest to navigate around, there are some bargains to be had once you find your way around. You can search for property by type – must-be-sold, house repossessions, chain free and part-exchange, or simply work through the current property auction catalogue. You can request viewings via an easy to use form, more information or make an offer online. Require you to register (free) before you express an interest or request further information.
The above are the best property auctions for both Yorkshire and countrywide locations and to the best of our knowledge – they’re all free.
Remember to make sure that you’re aware of the legal implications of buying property at auction prior to jumping in feet first. You can read our guideline about buying at auction here: Repossessed Houses For Sale