Property Auction Conveyancing Lawyers
Specialist Fixed Fee Conveyancing Lawyers
Fixed Fee Auction Conveyancing Lawyer in Suffolk
As with our other conveyancing services, Hillfort’s auction conveyancers charge fair, fixed fees for their work, meaning that the prices do not waver after you have signed a contract agreeing to the quote. Hillfort Law Firm has covered hundreds of property auctions across the Suffolk area.
Fixed Rates
Low-Cost Conveyancing Fees
No Hidden Costs
Experienced Lawyers
Personalised Service
Fast Turnaround
No Sale No Fee Guarantee
When it comes to helping out with auction purchases, we deliver an impressively fast, streamlined service for our clients, as well as plenty of legal advice throughout the whole process. When the bids are made and the gavel falls, you’ll be fully prepared as our lawyers will be by your side every step of the way.
When is a Auction Conveyancer Required?
During competitive property auctions, there can be rapid and impulsive exchanges of ownership between buyers and sellers. Although the speed of auctions can make them very efficient for marketing properties, the minutiae of the conveyancing contracts may not always be inspected with enough scrutiny. This is where a professional conveyancing lawyer can come in to provide that extra level of clarification when details and documents are exchanged.
The Hillfort Law Firm Process
Auction Conveyancing Process – When the Hammer Falls
When you win the bidding war for a property at auction, the sale of the property instantly becomes a binding agreement the moment the auctioneer drops their hammer and confirms the sale. This rule is strictly upheld in real life auctions and it is one of the many reasons why auctions cannot be taken lightly. Failure to properly follow through with an auction sale or purchase can incur serious consequences, from large fines to court hearings, so a legal expert is definitely required for these procedures.
Step 1
Initial Consultation
Call us today for a free consultation, which will help to determine the right conveyancing service for your needs and conclude with a quote. If you’ve been around the property auction circuit lately and need some help with the legal details, this will likely be the ideal package for you.
Step 2
Identity Verification
One of the initial steps of the conveyancing process is to confirm the identities of all involved participants. Checking over identification documents is a fast, simple process for our lawyer team.
Step 3
Checks and Reviews
As well as identity checks, we need to ascertain the legitimacy of the auction transaction and perform many other standardised documentation reviews for Anti-Money Laundering, SDLT, bankruptcy, and more.
Step 4
Instruct Your Lawyer
We will send a Letter of Engagement form, as well as other T&C documents for you to sign. Your lawyer will now be ready to work on your behalf in all conveyancing matters going forward, leaving you with less stress to deal with.
Why Choose Hillfort Law Firm?
Fixed Rates
As mentioned, we have fixed prices for our conveyancing services. With no hourly rate to worry about, our fixed fees help to give our customers the ability to accurately budget for their transaction.
Low Cost
Our conveyancing fees are extremely fair and affordable. Our state-of-the-art case management systems and our streamlined business model enable us to offer such a great, competitively priced service.
No Sale No Fee
You read correctly, you will not pay any legal fees for failed or incomplete property transactions, rare as these cases may be. This No Sale No Fee pledge can help assuage any feelings of risk when applying for your property transaction with Hillfort.
Experienced Lawyers
Hillfort is owned and operated solely by Adam Muldoon. Having studied hard for a prestigious 2.1 law degree, Adam has been working in law for over 20 years, 10 years of which have been dedicated entirely to conveyancing.
Personalised Service
The principal lawyer takes a distinctly personalised approach to his work and he is always keen to form a close rapport with clients. When a would-be client calls Hillfort Law Firm for assistance with conveyancing, they will always receive the same reliable, direct service. No delays, no jargon, and no playing favourites.
Fast Turnaround
Our aim is to deliver our service within 6-8 weeks. We are able to deliver such a fast service because, unlike some law firms, we do not inundate ourselves with masses of clients that have no hope of getting the attention they require. Instead, we carefully book our clients in a way that guarantees a timely service for all.
No Hidden Costs
We will provide you with a fixed fee quotation at the outset of your transaction. Should your matter be more complex and requires additional work over and above that quoted, we will notify you of such costs payable before proceeding.
Great Communication
Experiencing long periods of radio silence with your hired law firm can be stressful. We maintain regular contact with our customers throughout our professional relationships, with clear and concise updates. We try to minimise the amount of confusing legal jargon wherever possible.
Auction Conveyancing
Client Testimonials
Our previous clients have provided some great feedback and reviews. Take a look through their testimonials.
To discuss your auction conveyancing requirements, or, to enquire about our conveyancing services, request a callback for a free, no-obligation consultation.
Auction Conveyancing FAQs
What is auction conveyancing?
Auction conveyancing is the process of transferring title deeds between buyers and sellers after the former make their bids at property auctions. At auction, land ownership may be exchanged at a furious pace, leaving little time to read the small print. Let our experienced auction conveyancing lawyers handle your affairs.
What is an auction commission?
An auction commission is a fee charged by auctioneers for successfully selling a property.
How much do auctions charge?
Auctioneers begin bids at a recommended starting price and rise from there, but an advantage of auctioning properties is that there is effectively no price ceiling for how high the bids can go. If there are a few especially committed bidders, the value of your property can quickly go through the roof.
How does auction bidding work?
Bidding is the act of making a pledge to a price levied by the auctioneer, which can subsequently be overridden by another bidder. The price for the auctioned property progressively increases as more bidders place their bids, resulting in a frenetic competition that eventually ends with one participant outbidding their competitors at the highest price that either of them are willing to rise to. Auctions are more diverse than ever thanks to the advent of online eBidding, covering almost any commodity imaginable.
Can I pull out of an auction bid once it has been made?
Unfortunately, no. The biggest risk of partaking in an auction is the fact that once you make a bid, you are legally bound to it for the entire auction process. You cannot revoke it. If you win an auction, the sale of the property (marked by the falling of the gavel) holds the same weight as a normal contract agreement and must be upheld. Failure to uphold your end of the bargain can result in hefty fines and other legal action.
What are the benefits of auctioning houses over selling them normally?
Auctioning houses generally secures much faster results than conventional property marketing methods. If properties have dodgy title deeds or suffer from spartan layouts, they can be harder to market in other ways. The limitless ceiling of auction bidding can quickly skyrocket the property’s value for serious investors who can quickly get caught up in the competitive emotions of the auction house environment. For these reasons and more, auctioning properties is an increasingly popular option for both buyers and sellers.
Licenced Conveyancing Services
Other Conveyancing Services
Beyond auction conveyancing, we offer great deals on various other conveyancing services as well.
Residential Conveyancing
Intimately experienced with residential property transactions, Hillfort has assisted thousands of clients with their conveyancing needs and is here to assist with any conveyancing queries you may have.
Remortgage Conveyancing
If you are transferring to a new lender or taking out a mortgage on your mortgage-free property then you will require a solicitor or conveyancer to help with the legal side of things.
Leasehold Conveyancing
Leasehold Property is created when a lease is granted out of a freehold title. A lease is a long tenancy, typically between 99 and 999 years. The lease will contain conditions of use and ownership, which need to be looked at carefully by a specialist conveyancing solicitor or licensed conveyancer.