Property auctions offer speed and certainty, allowing sales to complete within a set timeframe, often around 28 days for unconditional lots. This is ideal if you want a faster purchase compared to traditional sales. The process is fully transparent, with open and competitive bidding, whether online or live, giving buyers confidence that the sale is fair. There is no risk of last-minute withdrawal or renegotiation once the hammer falls, making auctions a chain-free option. Additionally, auctions offer a wide range of opportunities, from move-in-ready homes and renovation projects to commercial investments and land, catering to different buyer types.
BTG Eddisons is one of the UK’s most established property auctioneers, offering nationwide coverage and a diverse portfolio of residential and commercial lots. Our experienced auction teams guide buyers through every stage, providing support before, during, and after the auction. With modern online bidding combined with traditional auction expertise, BTG Eddisons ensures a smooth and professional experience.
We’re the UK’s most successful live-streamed auctioneer and have been running auctions for decades.
We understand you may never have bought an auction property before so we will help you through the process without any unnecessary jargon. We will always be honest with you, too
As a market-leading national auctioneer, we attract a growing number of sellers and have a huge range of properties for sale. Whether you’re looking for a renovation project or a home you can move into immediately, we can help. Our properties span the whole of the country, too.
Start by exploring our auction catalogues to find lots that match your budget, location, and investment goals. Each listing includes the guide price, property description, access to the legal pack, viewing information, and auction type. By researching properties in advance, you can make informed decisions and identify opportunities that suit your strategy.
The guide price gives an indication of the seller’s minimum acceptable price, while the reserve price is the lowest amount the seller will accept. Competitive bidding may drive the final sale price above the guide. For example, if the guide price is £100,000+, the reserve will typically fall within 10% of this figure. Understanding these pricing mechanisms is critical to avoid overbidding or missing out on a lot.
Before bidding, always view the property in person or virtually to assess its condition and surroundings. Carefully review the legal pack, which contains title information, restrictions, and special conditions, and have it examined by a solicitor. Arrange a survey to uncover any hidden defects, and factor renovation or repair costs into your budget. Finally, set a clear maximum bid to avoid overspending during the auction. Proper preparation is key to a successful purchase.
To participate in an auction register online via our website by clicking the register to bid button. This will take you to our Auction Platform where you will be required to follow the steps to set up your auction passport account, this will include providing identification, buyers details, debit card details and confirming your solicitors details. You can bid online or by proxy for all of our auctions, and additionally for live-streamed auctions we offer telephone bidding. Once your registration has been approved and the auction has opened on your lot, you will be able to place bids. Winning a bid makes the purchase legally binding, so preparation and discipline are essential to avoid overcommitting.
Before the auction
Preparation is key to a successful auction experience. Make sure you have registered and completed all verification steps well in advance, including providing proof of identity and any payment details required. Research the properties you are interested in, review the legal packs carefully, and, if possible, arrange property viewings or surveys. Set a clear maximum bid for each property, taking into account renovation costs, fees, and taxes. Being fully prepared ensures you can bid confidently and avoid surprises on the day.
Auction day can be exciting and fast-paced, whether you are participating online, by proxy, or telephone. Check the auction start time for your chosen lots, and log in early if bidding online to ensure your connection and setup are working properly. For Multi-Lot and Single-Lot Timed Auctions, the countdown panel will indicate when bidding opens or, if the auction has started, the time remaining. For Live Streamed Auctions, you can follow the auctioneer in real time and see how each lot progresses. Staying organised and focused will help you bid with confidence.
During a Live Streamed Auction, each lot is presented in real time, just as it would be in a physical auction room. You can place bids online as the auctioneer calls each lot, watching how the bidding progresses and responding in real time. Keep track of your maximum bid and avoid getting carried away by the pace of the auction. Once the hammer falls, your bid is legally binding, and the next steps, including paying the deposit, begin immediately.
Multi-Lot Timed Auctions run over a set period, allowing you to place bids at any point during the countdown. Each property has its own closing time, and the system will display the remaining time for each lot. Once bidding closes, if the reserve has been met then the highest bid becomes legally binding
If your bid is successful, the sale is legally binding. You will typically need to pay a deposit immediately, usually 5–10% of the purchase price, with your solicitor managing the completion process. After winning, our team will provide clear guidance on the next steps to ensure a smooth transfer of ownership.
Deposit
If you are the winning bidder in an unconditional auction, you will have to pay the deposit on auction day. This will be deducted from the purchase price.
Fees
In all auction types, you will most likely have to pay fees. Remember, these are not part of the deposit or purchase price.
If a property doesn’t reach its reserve price, it will remain unsold. Many unsold lots are re-offered in future auctions, so you can have another opportunity to purchase. You can also speak to our friendly auction team for guidance on how to proceed if you’re still interested in a property after the auction.
Yes. Property auctions are open to private buyers, investors, developers and businesses. You just need to register and be prepared to meet the Bidders terms.
We're Here to Help
Explore our Buyer FAQs for clear answers to the most common queries from first‑time and experienced buyers.
You can browse our properties without an account, but by creating an account you can:
Next Steps, Register to bid
Logged in? Register to bid at any time for our upcoming auctions:
Register to bidWe have sent a 4 digit code to you via SMS, please enter it here & click 'Verify'
Login to browse lots and...
Next Steps, Register to bid
Logged in? Register to bid at any time for our upcoming auctions:
Register to bidTo enforce security on your account, you'll need to enrol in multi-factor authentication using your mobile phone number.
We have sent a 4 digit code to you via SMS to the mobile number you registered with, please enter it here & click 'Verify'
This site uses cookies to monitor site performance and provide a more responsive and personalised experience. You must agree to our use of certain cookies. For more information on how we use and manage cookies, please read our Privacy Policy.
