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Paul Fosh · UK property auction

Bid on Paul Fosh lots with the legal position priced in - not exchanged blind.

Paul Fosh Auctions sells across Wales, the South West and surrounding areas from a Newport base, running roughly monthly online-only sales. The auction runs over two days and closes in the evening on the final day, with bidding by standard or proxy bid - there is no telephone bidding. Alongside private sellers, the house handles corporate and portfolio disposals for local authorities, receivers and housing associations, which brings a steady flow of institutional stock into the catalogue.

Region
Wales and the South West - Newport-based, with coverage across South Wales, the South West and surrounding areas.
Auction calendar
Roughly monthly, online only. The auction runs over two days and closes in the evening on the final day. Bidding is by standard bid or proxy bid; there is no telephone bidding.

Page reviewed 4 September 2026

SRA-regulated solicitor review · 24-hour SLA available · From £595 + VAT
Paul Fosh Auctions

How Paul Fosh legal packs are structured.

Sales are unconditional: at the fall of the digital hammer, if you are the last and highest bidder and the reserve has been met, you are legally committed. Corrections appear on the addendum for that lot, and the house tells buyers explicitly to re-check the description immediately before bidding rather than relying on an earlier read.

Legal packs download from a link on the individual lot page, and are prepared before marketing begins by the seller’s solicitor or a recommended panel - which means packs are more often complete at the point of publication here than at houses that upload documents as they arrive. Corrections are noted on the addendum for that lot rather than reissued as a whole pack. A card pre-authorisation holding funds is required before you can bid, so payment arrangements need settling before the auction opens rather than after a successful bid. Paul Fosh publishes a full buyer-side scale: a deposit of ten per cent subject to a £3,000 minimum, and a buyer’s premium of 1.5% of the purchase price inclusive of VAT, subject to a minimum of £1,500 on lots up to £50,000 and £2,400 above that. The house has abolished paper catalogues entirely, framing it as an environmental commitment - everything is published online.

Pack conventions at Paul Fosh

  • Paper catalogues have been abolished entirely - everything is published online
  • Legal packs download from a link on the individual lot page and are prepared before marketing by the seller’s solicitor or a recommended panel
  • Corrections are noted on the addendum for that lot, and buyers are told to re-check the description immediately before bidding
  • A card pre-authorisation holding funds is required before you can bid
  • The deposit is 10% subject to a £3,000 minimum; the buyer’s premium is 1.5% inclusive of VAT, subject to a £1,500 minimum on lots up to £50,000 and £2,400 above that
  • Sales are unconditional - the fall of the digital hammer commits you

What Paul Fosh sells

Residential stock including probate and renovation lots, commercial property, land and development plots, together with corporate and portfolio disposals for local authorities, receivers and housing associations. Institutional sellers of that kind typically give limited title guarantee and restricted replies, while renovation and probate lots raise their own questions about consents and the seller’s ability to complete. The two strands need reading quite differently.

A realistic example

Three findings from a Paul Fosh review.

Anonymised illustrations, chosen to be representative of the issues that arise on Paul Fosh lots. Every report rates each finding red, amber or green and sets out what to do about it.

F-01 Red
Housing association disposal with a restrictive covenant on use
A covenant imposed on an earlier transfer restricts occupation to a specified category of occupier, which is inconsistent with the open-market letting strategy behind the bid.
F-02 Amber
Card pre-authorisation required before bidding opens
Funds must be held on the card before you can bid at all, so payment arrangements need settling before the auction rather than after a successful bid.
F-03 Green
Pack complete at publication with searches present
The pack was assembled before marketing and includes current local authority and drainage searches, with replies to enquiries answered in full.

Anonymised examples · illustrative only · not drawn from any identifiable lot

The review

The Bidq review for Paul Fosh lots.

Upload the pack, answer five questions, and an SRA-regulated solicitor reads every document against a structured framework - title, special conditions, searches, leases and tenancies - returning a bid posture, category scores and numbered R/A/G findings.

The full process is set out on how it works, and you can read a complete report on the sample report page.

FAQ

Paul Fosh - common questions.

Quick answers on coverage, turnaround and how Bidq fits alongside your solicitor.

How is the Paul Fosh buyer’s premium calculated?
It is 1.5% of the purchase price inclusive of VAT, subject to a minimum of £1,500 on lots up to £50,000 and £2,400 on lots above that. The deposit is ten per cent subject to a £3,000 minimum. Because the minimums bite on lower-value lots, the effective cost on a cheap lot is proportionately higher than the percentage suggests - the report prices the applicable figure into the acquisition cost.
Paul Fosh packs are prepared before marketing. Does that make them more reliable?
It generally makes them more complete at the point of publication than packs uploaded piecemeal as documents arrive, which is a real advantage for a bidder. It does not make them complete in every case, and corrections still appear on the lot addendum. The review establishes what is present, what is missing and what the gap means for your bid.
What does the card pre-authorisation involve?
Paul Fosh requires a hold on funds on your payment card before you are able to bid. It is a bidding condition rather than a legal-pack matter, but it needs arranging before the auction opens rather than in the closing minutes - particularly for corporate or overseas buyers, where card arrangements take longer to put in place.
How long will I have to complete on a Paul Fosh lot?
The completion period is set by the contract for the individual lot and Paul Fosh’s own guidance states it differently in different places, so it should be read from the special conditions for your lot rather than assumed. Since your funding is drawn against the actual contractual date, the review confirms what the documents supplied for that lot provide for.
Do you review Welsh lots, and does the law differ?
Yes. Bidq covers properties in England and Wales. Certain provisions differ in Wales - Land Transaction Tax applies instead of Stamp Duty Land Tax, and occupation contracts under Welsh housing legislation differ from English tenancies. The report identifies where a Welsh-specific point arises and frames tax items for your own advisers.
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