Auction Legal Pack Northampton

Why are Auction Legal Packs Important? 

Auction legal packs are essential documents in an auction pack. They provide prospective purchasers in Northampton with the information they need to understand the property before entering into a legally binding agreement with the seller. Failure to provide a comprehensive auction legal pack may deter buyers in Northampton from making a bid due to consternation and concern surrounding the uncertain nature of what may affect the property. 

In our extensive experience as specialist auction solicitors preparing auction legal packs in Northampton frequently, we know that prompt preparation of a comprehensive legal pack will help maximize selling exposure. It equips buyers in Northampton with all the information they need to make an informed purchase decision. 

Who prepares the auction legal pack? 

Auction legal packs in Northampton are ordinarily prepared by the seller’s solicitors and sent to the auction house. The legal packs will then be available online, and hard copies of the legal pack are usually available in the auction room or can be provided upon request. 

Our team of of auction specialist lawyers in Northampton can provide you with a FIXED FEE to prepare the best auction legal pack for you if you are selling at an auction in Northampton. You may also qualify for our NO SALE, NO FEE auction legal pack service. Simply click on this link to request a quote. 

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What is contained in an auction legal pack? 

The key documents in a legal pack in Northampton are:

• Special Conditions of Sale 
• Local Authority Searches
• Drainage Searches
• Environmental Searches 
• Official Copies of Register of Title
  Land Registry Searches
  Property Information Forms
• Fixtures and Fittings Form
• Management Information if leasehold
  Leases
• Tenancy Agreements
  Planning Permission Documentation

How long does it take to prepare an auction legal pack in Northampton? 

It depends. Quite a few factors will need to be taken into account to include the tenure of the property and the locality of the property. For example, if the property is freehold, we can complete an auction pack within one week. This could take longer depending on how quickly we receive the search results. The excellent relationship with our search providers puts us in a better position to get expedited service. 

Auction legal pack timescales in Northampton for leasehold properties are likely to take slightly longer depending on how quickly we receive the leasehold management pack. Some management companies are brilliant and can provide the required information expeditiously. The absence of expediency can inadvertently delay the auction legal pack process. 

Do I need to get the auction legal pack reviewed by solicitors if I buy a property at auction in Northampton? 

It is not obligatory, but it is imperative to get a specialist auction solicitor to help you review the auction pack before bidding in Northampton. An experienced auction solicitor who deals with auctions frequently should be able to case an eagle eye over the legal pack and help you avoid the common auction pitfalls and hidden charges. Either way, please read and understand the legal pack, particularly the special conditions, as they will include critical information such as additional payments, additional obligations, and completion dates. 

Our team of auction specialist lawyers in Northampton can provide you with a FIXED FEE to review an urgent auction pack and identify the risks for you. We pride ourselves on providing a FASTER, SMARTER and BETTER service in Northampton. We can offer a 24–72-hour turnaround from the point of receipt of the pack post client onboarding.

Our detailed legal auction pack review in Northampton will help:

• Alert you to anything in the legal pack which we believe is likely to impede your intentions for the property
• Expose any additional or hidden costs, which may not be evident at first sight from the legal pack 
• Enlighten you on onerous obligations set out in the auction legal pack 
• Determine whether the title is free from legal disabilities based on the information contained in the auction legal pack 
• Review the auction legal pack searches to see whether they contain adverse entries 
• Imminent major works apparent from the content of the legal pack
• Any missing information from the legal pack that could be prejudicial to you

Feel free to contact us