Podcast

TPP083:

How to buy property at auction

This week we’re talking about buying at auction. Potentially a great source of grabbing property bargains, but certainly not as easy as Homes Under The Hammer makes it look!

We talked through some tips for making sure you don’t make any auction mistakes, including:

  • Make sure you have your finance in place before you bid
  • Know that if a property is in auction, there’s a problem with it: if you can’t spot the problem and decide whether it’s something you’re OK with, look harder!
  • Decide your maximum bid beforehand, and don’t go above it no matter what

There’s plenty more in the episode itself, so take a listen!

We’re telling you how to sleep with celebrities…sort of. This week’s news story is about how you can rent the homes of the rich and famous. It probably says a lot about us that we were more excited about the prospect of staying in Kirstie Allsopp’s pad than Pamela Anderson’s…

Another week, another free course for you…this time, it’s our course on how to flip a property. Making a lump of cash from flipping a property is an appealing idea, and market conditions are good for it at the moment.

JOIN THE CONVERSATION

Have you ever had a brilliant – or awful – experience at a property auction?

Any other tips to share about how to make sure you buy well?

We’d love to know, so join the discussion in The Property Hub!

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