When it comes to buying a property at Auction it is highly recommended to get Survey done prior to making any bid on auction day. This is because forewarned is forearmed. There are lots of bargains to be had at auction but it is not for the faint hearted. Once the hammer goes down, you’re typically required to pay a deposit. It’s then too late to back out unless you’re content with probably losing the money you’ve already put down. 

Properties may go to auction for a variety of reasons. Sometimes it’s as simple as something like a public body who are selling wanting the accountability of an auction. There may be nothing wrong with the property. On other occasions, it may be clear that properties need a lot of work done on them or at a higher risk, there may be problems that an un-trained eye wouldn’t necessarily spot which has prevented a more traditional sale already happening.