WELCOME HOMEChanging the perception of property auction
OUR PROPERTY AUCTION SERVICES
No other auction provider in the UK & Ireland offers such a complete and comprehensive range of property auction services for estate agents to offer to their buyers and sellers. Together, we hold both live and online auction events nationwide, working in partnership with over 1900 estate agent branches, providing local knowledge and expertise.
The Traditional Method of Auction
This is a tried and tested method associated mainly with selling and buying investment stock due to more restrictive timeframes to exchange contracts and complete the sale. This limits buyers and the interest and activity around residential properties.
The Modern Method of Auction
This more accessible route, creates a transparent platform for buyers and sellers combining the best aspects of traditional auction and private treaty sales. We offer more realistic yet fixed timescales, opening up the market place for buyers and sellers looking to arrange mortgages as their method of payment. The transaction has 56 days in which to complete with parties aiming to exchange contracts within 28 days of the Draft Contract being received by the buyers solicitors. Whereas with traditional auctions, the exchange of contracts will usually take place as soon as the buyer has won the bid.
The Modern Method of Auction opens the auction market (once reserved for the professional investor or cash-ready buyer) up to residential buyers, creating a larger market place and more interest and activity than traditional auction. It is the preferred route for buying and selling via auction and has changed the perception of auction in the last decade.
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.
This simple way to buy a house is a breath of fresh air. We could not recommend highly enough. 28 days start to finish!
At Banc we understand that buying a home is not just about bricks and mortar and that it is one of the biggest investments that you will ever make. We know there are various factors surrounding your move, whether it’s a new job, a new school, a retirement dream or a complete change of lifestyle. Moving house is not a casual journey and it can involve processes that are often unfamiliar, vague and at times may seem complicated and frustrating. As agents we aim to provide an environment which is comfortable, professional and efficient, this taking the stress and burden off of the shoulders of our clients.
With a combined 35 years experience in the local property market, we are confident that we can offer an unrivalled knowledge and an exceptional service in a bespoke and tailored fashion. The foundations of Banc are based on the simple fundamentals of hard work, enthusiasm, honesty and integrity.
Our office is positioned in the beautiful village of Cuffley in the heart of Hertfordshire. Our coverage includes Cuffley, Goffs Oak, Cheshunt, Northaw, Newgate St Village, Potters Bar, Little Heath, Crews Hill, Broxbourne and all other surrounding villages. Having a wealth of experience in these areas and beyond, we will make your home stand out from the crowd.
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Banc Property Group Auctions Powered by IAM SoldIAM Sold Ltd is a registered company in England & Wales | Company Number: 07051399 | VAT REG: 983131616
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