J W Wood Estate Agents

JWW Auction Properties

Fancy your chances at bidding for a bargain? We have a range of properties available for auction with the biggest property auction agents in the North East. Agents Property Auction explains more about the process below.

Next auction29 October 2026

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  • Starts at 10:00am. Bidding starts 24 hours prior.
  • Venue: Online

Buying a property at auction

A Buyers Guide to Property Auctions

Our live online auctions have properties for everyone from first time buyers, downsizers, up sizers, looking for a holiday home, development opportunity, buy to let investment, commercial, land, the list is endless. The process is simple, transparent, quick and secure. Our sellers are motivated to sell and have priced their properties accordingly. Bidding is available on our live online auctions from the comfort of your home!

Our team are here to give advice, 7 days a week

Auction options

The Two Auction Options

Each property will be noted whether it is being offered for sale under Option 1 or Option 2.

Buyer Option 1

Traditional Auction

  • Immediate exchange: buyer pays a 10% deposit (minimum of £3000) which comes off the purchase price
  • Auction administration fee is payable of £2000+vat, total £2400, on top of the purchase price
  • Buyer legally committed to purchase
  • Seller legally committed to selling
  • 28 days to complete, unless changed within the Special Conditions

Buyer Option 2

Designed for the private residential house purchase

  • Buyer places a £3000 non refundable deposit which is taken as part payment of the house price (not an additional fee)
  • Auction administration fee is payable of £2000+vat, total £2400, on top of the purchase price
  • 28 days to exchange (time for buyers to obtain a mortgage) then a further 14 days to complete
Agents Property Auction Buyers Guide

Auction Dates

Upcoming property auctions

Bidders seated in an auction room
  1. 30 September 2026

    Passed

    Venue: Online · Starts at 10:00am. Bidding starts 24 hours prior.

  2. 29 October 2026

    Next

    Venue: Online · Starts at 10:00am. Bidding starts 24 hours prior.

  3. 10 December 2026

    Venue: Online · Starts at 10:00am. Bidding starts 24 hours prior.