Find the best UK auction house for you
Selling at auction is another option for a quicker home sale. You could sell quicker than the open market, but slower than a fast cash sale. You’ll probably get less than you would selling through an estate agent, though you may get more than you would get selling to a cash homebuyer.
In some ways, an auction sale is more secure, as contracts are exchanged on the day, so no one can back out. That said, there is no guarantee what price your home will sell for, or even if it will sell at all, and you could have to wait months for the next auction.
Selling to a cash buyer is the only way to get a guaranteed fast sale, for a fair price. Nonetheless, we have assessed the top auction houses in the UK to help you choose if you do decide to go down this route.
Find the best UK auction houses in just a few clicks
Our dedicated team compare auction houses on a number of key metrics to help you find the best fit for you and your property. This includes they type of auctions they hold, the type of property they specialise in and the area they cover.
Just like our cash homebuyer reviews, we combine all this data, along with our own experience and expertise, to create their overall PSW rating.
Choosing the right auction house is not easy, with the best overall not necessarily the best for your property or your area. With our independent, impartial reviews, you can find the most appropriate auction house to increase your chances of a quick sale and a great price for your property.
Frequency and style of auctions
The more frequent an auction, the less time you will have to wait to sell your home, or wait to try again if your sale fails. The type of auction can also affect both speed and price, with online auctions attracting more bids, but in-person auctions often driving up prices.
Auction fees
Your seller’s fee can range from 1% + VAT to 2.5% + VAT or more, and this can make a big difference to the cost of selling a house at auction. You will also have to pay an entry fee, which is non-refundable, even if your property fails to sell.
Regulation and memberships
We check memberships of professional bodies, such as Propertymark, The Property Ombudsman and the Royal Institute of Chartered Surveyors, to make sure you are protected and that you have independent mediation in case of disputes.
PSW Rating
The PSW rating is our own unique, expert score, based on our sophisticated, multi-faceted, bespoke analysis. It takes into account all the different aspects of the auction house to create the most thorough assessment available to help you make your choice.