UK Landlord Forum / Life

What is the general view on them? Obviously we have to pay to use them but is it worth it?

Just wondering if anyone has had any experience with them - if so scribble here! 

Never been on an auction website. You could probably get a good deal, but you're also open to getting stung quite easily, I imagine.

To be honest, I don't even know much about auction websites. Do you just bid on properties online without viewing them? The collapse rate must be pretty high, no?

I have no idea PF.

If it was a matter of 'bidding online' I definitely wouldn't do it. My thought was they advertise the properties online and you bid at an auction house?

Yep your right mOO .

You basically pay for a list of all the auction venues and then you click on which is near to you and you get a list of all the properties for auction .
Sometimes the information of that property in on the site or sometimes you have to phone up and enquire about it , and if you want to bid you have to get a legal pack post to you for about £10 - £20 .

Thats all I know really.