When property disputes arise, whether over contracts, ownership, or sales, parties often prefer to settle without lengthy court battles. One effective way to do this in England and Wales is through a Tomlin order. A Tomlin order is a type of court order that records a confidential settlement agreement between parties while pausing ongoing legal proceedings. Key Features of a Tomlin Order • Settlement agreed: Both parties reach a private settlement on their own terms.• Court proceedings...

A pre-auction offer is an offer made to purchase a property before its scheduled auction date. It can be a smart move for both buyers and sellers but it requires careful consideration and preparation. For Buyers Making a pre-auction offer can help you secure a property early, but it’s not as simple as making a standard offer. Here’s what to keep in mind: • Check availability: Contact the auction house first to see if the seller is open to pre-auction offers.• Do your homework: Fully inspect...

Buying a property at auction can be exciting and fast, but before you start bidding it’s essential to understand the risks. One of the smartest moves you can make is to get a mortgage survey before the auction. Here’s why: Auction sales are legally binding. The moment the gavel falls, you’ve exchanged contracts and must pay a 10% deposit. There’s no going back. A pre-auction survey reveals hidden issues. Structural problems, damp, or subsidence could turn a bargain into a costly mistake. You...