Yes, you can buy an unsold property after auction but you might need to act quickly.
Interested buyers in the auction will be invited to make post auction offers after the sale has finished. If any of these offers come in at or above the reserve price, then the auctioneer will be able to authorise exchange of contracts under auction rules.
Related: what is a property auction reserve price?
After the auction, unsold lots will be pitched to the auction team's database of buyers as well as those who have previously expressed an interest in the property or downloaded the legal pack.
If a property that you are interested in fails to sell at auction, we do recommend that you put in an early offer to the auction team with the aim of agreeing a purchase under auction conditions.
