Auctions are often a preferred method of sale, providing both sellers and buyers with greater certainty. Before bidding in a Napier Watt Conditional Online Auction, you can arrange a physical viewing of the property. The typical timeframe for exchanging and completing contracts is 56 days, though this can vary. Our online auctions generally run for 48 hours to 14 days, though durations may differ. Some properties can also be purchased with a mortgage, and all legal documents related to the sale are available for review on our platform before bidding.

The successful bidder must pay a non-refundable deposit, which secures the property exclusively for them and demonstrates commitment to the seller. This deposit is in addition to the final purchase price. Stamp Duty Land Tax (SDLT), or the equivalent in Scotland and Wales, is calculated on the total purchase price, including the Reservation Fee. Please note that winning the auction does not immediately transfer ownership; this occurs upon contract completion, typically within 56 days.

We collaborate with London-based and international clients to market their residential properties and investment portfolios through our online auction platform.