Online Auctions

Watch the price of your property increase in real time

Our online auction technology is powered by Bamboo Auctions, Weldon Beesly’s online auction platform offers a fast, secure and transparent way to sell your property. With the immediate exchange of contracts when the auction ends, you benefit from a legally binding sale, eliminating risks of price renegotiation or buyer withdrawal.

Set a confidential Reserve Price as your financial safety net, ensuring your property never sells below your minimum acceptable value. The structured process guarantees clear timelines, with deposits secured and completion typically within 20 working days.

With expert guidance and maximum market exposure, Weldon Beesly ensures your auction experience is efficient and as stress-free as possible.

When the auction finishes

At the end of the auction, when the timer reaches zero and your reserve price has either been met or exceeded, you and your buyer have exchanged. The buyer will be charged a fee. This will be specified in advance and noted against the property listing itself.

Sales Memorandum

The agent will sign the sales memorandum on your behalf to evidence that an exchange has taken place. This memorandum forms part of the contract of sale. The buyer now has a specified period of time (typically 20 working days) to complete the sale.

Prepare for completion

You should contact your solicitor and make sure that they have everything ready to send to the buyer’s solicitors in time for completion.

The buyer will contact their solicitor and make sure they have everything in place for this same deadline.

View Our Online Auction Listings

Your Online Auction Specialist

FAQs About Weldon Beesly’s Online Auction

If your property is chain fee, then it is perfect to sell online through this method. More and more properties are being listed and sold in this way in the UK. It’s a great way to attract all types of buyers and exchange occurs faster. You could also get a higher price than you expected.

Yes, so long as you do so before the reserve is met and the timer hits zero. You may have to pay a withdrawal fee and you should consider the terms of our Online Auctions Listing Agreement.

All bidders are required to undertake and pass our enhanced ID check, store a UK address registered payment card with us for automatic and immediate collection of a fee at the end of the auction as well as provide us with their solicitor details.

No, you can relist as many times as needed at no extra cost.