Buyer Beware: Don’t Get Caught Out – Read the Legal Pack!

Buying a property at auction is exciting, but it comes with risks — especially if you skip reading the legal pack.

Think of the legal pack as the property’s service history. It includes:

• Title deeds

• Searches

• Leases

• Legal obligations and restrictions

📌 Why it matters:

Failing to review the legal pack could leave you with unexpected costs, like outstanding debts or restrictive covenants that affect how you can use the property.

📌 What to do:

• Always read the legal pack before bidding

• Ask a solicitor to review it and explain anything unclear

• Stay up to date with any changes — registering with the Essential Information Group (EIG) ensures you’re notified if the pack is updated

At Property Auction Agent, we provide full access to legal packs via our website and partner with EIG to make the process as simple and transparent as possible.

Takeaway:

Before you raise your hand to bid, make sure you’ve read the fine print. A few minutes of due diligence now could save you thousands later.