Case study: purchase of development land at auction

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Commercial Property Associate, Daniel Lander, recently acted for a Bristol-based property developer in the purchase of development land at auction.

The land, in east Bristol, was being auctioned by South West property consultants, Maggs & Allen. Our client purchased the land for £156,000 and had exchanged at auction. Our commercial property solicitors dealt with the completion process, which included the transfer of funds and dealing with post-completion registration at HM Land Registry and HMRC regarding Stamp Duty Land Tax.

Blog | How do property auctions work?

Thinking of buying or selling at auction? Contact our specialist property solicitors

If you’re considering buying or selling a property or land at auction, our specialist property solicitors are here to help. We can help review and prepare the legal pack and assist with the conveyancing transaction once the best bid is secured.

For more information, contact our specialist auction solicitors in Bristol and South Gloucestershire by calling 0117 325 2929 or fill out our online enquiry form.

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