Auctioning your property gives you much more control over the home sale process. You name the reserve price below which the auctioneer cannot sell your property.

Bidders have often carried out a survey or valuation in advance and must have the necessary funding in place - a minimum 10% deposit must be paid at the auction with the remaining 90% usually due within 28 days.

Once the hammer goes down, it's a binding commitment. And because of fixed timescales for exchange of contracts or completion, you know exactly where you stand.