Episode 28 – Property Auctions in 2026
In this episode, Ruban Selvanayagam from Property Solvers / Property Solvers Auctions chats with with Simon Misiewicz from Optimise Accountants, taking a detailed look at property auctions in 2026.
Ruban explains why more sellers are turning to auctions for speed, certainty and a reduced risk of fall-throughs, especially where properties are tenanted, unusual, in need of work or difficult to sell through a standard estate agency (private treaty) route. He also explains how auctions can help sellers achieve a stronger result than a fast cash sale (Property Solvers’ core business), while still offering a faster and more structured process.
The discussion also covers the buyer’s perspective, including the opportunity to access deals that often don’t appear on the open market, the importance of understanding guide prices, reserves, bidding strategy and the need to carry out proper due diligence before committing.
Ruban walks through the key differences between traditional (28-day) auction and the modern method of auction (56-days), legal packs, deposits, buyer fees and what happens after the hammer falls. He also discusses financing, including cash purchases, bridging loans and the risks of relying on mortgage finance in an auction setting.
