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Savills · UK property auction

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

Savills auctions sit within Savills plc and draw on the wider network, which shows in the stock: mixed residential and commercial investment together with development lots, generally at higher guide prices than regional catalogues carry. Sales run roughly monthly and some sit across two days. Bidding is remote only - online, by telephone or by proxy submitted in advance - and telephone bidders are called live by a Savills approved bidder rather than bidding through a screen.

Region
National - London head office, with lots across England, Wales and Scotland.
Auction calendar
Roughly monthly, with some sales running across two days. Remote bidding only: online, by telephone, or by proxy submitted in advance.

Page reviewed 4 September 2026

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Savills

How Savills legal packs are structured.

Savills works to firmer deadlines than most houses. The catalogue is published about two weeks before the sale and the addendum is issued as a single consolidated list exactly one day before it, and forms part of the contract. That gives a defined, and short, window in which the final legal position is knowable.

All legal documentation for each property is published on the Savills site ahead of the auction. What distinguishes the process is the addendum discipline: rather than a document amended repeatedly as changes arrive, Savills publishes one consolidated list of changes a single day before the sale, and that list forms part of the contract. A bidder therefore has roughly one working day to absorb every amendment across the catalogue. Registration is more involved than at many houses, requiring details of all bidders, buyers and deposit payers as well as solicitor details, so it is worth completing well before the deadline. The buyer’s fee is published as a flat figure by price band rather than a percentage, and the deposit is ten per cent payable on the day by bank transfer.

Pack conventions at Savills

  • The catalogue is published about two weeks before the sale
  • All legal documentation for each lot is published on the Savills site ahead of the auction
  • The addendum is issued as a single consolidated list exactly one day before the sale and forms part of the contract
  • The buyers fee is £2,100 on any sale at or above £30,000, and £250 on any sale below £30,000
  • The deposit is 10% of the purchase price, payable on the day by bank transfer
  • Registration requires details of all bidders, buyers and deposit payers, plus solicitor details

What Savills sells

Mixed residential and commercial investment together with development property, typically at higher guide prices than regional stock. Development lots move the review towards planning history, site assembly and access rights; investment lots towards lease terms, rent review mechanics and the strength of the income. On higher-value lots the cost of an unpriced legal point scales with the lot, which is the practical argument for reviewing before rather than after.

A realistic example

Three findings from a Savills review.

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

F-01 Red
Development lot without a documented right of access
The intended vehicular access crosses a strip outside the registered title, and no easement is disclosed in the pack - which affects the deliverability of the scheme the appraisal assumes.
F-02 Amber
Consolidated addendum published the day before the sale
Amendments are released as one list a single day before the auction and form part of the contract, leaving roughly one working day to price whatever it contains.
F-03 Green
Planning permission implemented and conditions discharged
Consent has been lawfully implemented and the pre-commencement conditions discharged, with the discharge notices included in the pack.

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

The review

The Bidq review for Savills 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

Savills - common questions.

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

The Savills addendum arrives the day before the sale. How do I deal with that?
Savills publishes amendments as a single consolidated list exactly one day before the auction, and that list forms part of the contract. The practical approach is to have the main pack reviewed during the two-week catalogue window and treat the addendum as a focused second pass. A Bidq Supplement is built for exactly this: the new material read against the report you already hold, turned round inside the remaining window.
What is the Savills buyers fee?
Savills publishes a flat buyers fee by price band rather than a percentage: £2,100 on any sale at or above £30,000, and £250 on any sale below £30,000. A ten per cent deposit is payable on the day by bank transfer. Your report prices these alongside any further buyer contributions the special conditions impose, so the full acquisition cost is visible before you set a ceiling.
Can I still bid if I cannot attend, given Savills is remote bidding only?
Savills runs remote bidding only - online, by telephone, or by proxy submitted in advance - so attendance is not the question. Telephone bidders are called live by a Savills approved bidder. What matters for a proxy bid in particular is that your maximum is set before the addendum lands, so the legal position needs to be settled earlier than it would be if you were bidding live.
Savills lots are often higher value. Which report tier suits?
The Standard and 24-Hour reports use the same framework and suit most lots. The Complex Transaction Review is built for acquisitions where the deal merits a deeper read - typically transactions above £2.5M, properties with five or more occupational leases, mixed-use or commercial elements, or multi-title and development-track sites, all of which appear regularly in Savills catalogues.
Do you review Savills development lots as well as investments?
Yes. On a development lot the review concentrates on the points that determine whether the scheme is deliverable: title extent and boundaries, rights of access and services, restrictive covenants, planning history and the status of any conditions. Bidq reports on the legal pack and does not provide planning, valuation or viability advice - those points are framed for you to take to your own consultants.
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