Buying at auction

Buying at auction is refreshingly simple. Create an account, verify your identity with SwissID, read the property file and, where required, place a refundable deposit. Then set your maximum bid and let proxy bidding do the work.

Because the winning bid is binding and there's no gazumping, you know that when you win, the property is yours to complete. Line up mortgage pre-approval first so you can bid to a firm ceiling with confidence.

• View the property and check documents before you bid.
• Set a maximum; the system bids the minimum needed up to it.
• Win, then complete before a notary with your deposit applied.

General information, not legal advice.