Strettons · UK property auction

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

Strettons is an independent London auction house with 95 years of auctioning behind it, selling nationwide from a catalogue that remains London-weighted. Sales run around six or seven times a year and are held remotely, with proxy, telephone and online bidding and the live stream hosted on EIG. Tenanted and mixed-use investments dominate the catalogue, alongside the occasional lot that does not fit a standard category at all - advertising hoardings and electricity substations among them.

Region: London-based and trusted nationwide - catalogues are London-weighted, but sales cover the whole of the UK.
Auction calendar: Around six or seven sales a year, held remotely with proxy, telephone and online bidding. The live stream is hosted on EIG.

Page reviewed 4 September 2026

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Strettons

How Strettons legal packs are structured.

Strettons updates guide prices each working day in the run-up to a sale, so the figure you first saw may not be the figure on the morning. Changes to the legal position are emailed to everyone who has downloaded the pack and then read aloud as addendum notes at midday on auction day, which means the final position is confirmed verbally rather than only in writing.

Legal packs open from a “View Legal Documents” link on each lot page, with registration and bidding running through Passport by EIG. The distinctive feature of the Strettons process is the notification chain: because changes are emailed directly to everyone who has downloaded a pack, the download itself is what puts you on the list - so it is worth downloading early even if the review comes later. Addendum notes are then read aloud at 12pm on auction day, so a bidder relying only on the written pack can miss a variation announced from the rostrum. The Buyers Administration Fee is published as a flat figure including VAT, with a lower band for small transactions, and the deposit is ten per cent subject to a minimum. Strettons also sells paid third-party legal pack summaries, which are a different product from a solicitor’s review and should not be relied on as one.

Pack conventions at Strettons

Legal packs open from “View Legal Documents” on the lot page; registration and bidding run through Passport by EIG
Guide prices are updated each working day in the run-up to the sale
Changes are emailed to everyone who has downloaded the pack - downloading early is what puts you on the notification list
Addendum notes are read aloud at 12pm on auction day, so some variations are announced rather than only published
The Buyers Administration Fee is £995 including VAT, or £595 including VAT on transactions under £10,000
The deposit is 10% of the purchase price, subject to a £3,000 minimum

What Strettons sells

Residential and commercial premises, land, sites and investment opportunities, with tenanted and mixed-use investments making up much of the catalogue. Strettons also sells lots with no conventional building at all - advertising hoardings and electricity substations among them - where the entire value sits in the lease or wayleave rather than the land. On those, the occupational documents are not a supporting detail to the review; they are the asset.

For how the process works across every house, see our auction legal pack review page.

A realistic example

Three findings from a Strettons review.

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

F-01 Red

Income-producing lot where the lease is the asset

The value rests entirely on a single occupational agreement, which contains a rolling break exercisable on six months’ notice - materially altering the income assumption behind the bid.

F-02 Amber

Service charge arrears on a mixed-use investment

Arrears are disclosed against two units without a stated apportionment at completion, so the sum the buyer inherits is not yet quantified.

F-03 Green

Tenancy schedule reconciles to the rent roll

Each tenancy in the schedule is supported by an agreement in the pack, and the rents stated reconcile to the rent roll relied on in the particulars.

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

The review

The Bidq review for Strettons 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.

Standard Report £595 + VAT · average turnaround 28h 24-Hour Report £895 + VAT · expedited SLA Complex Transaction Review £1,495 + VAT · senior solicitor review

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

FAQ

Strettons - common questions.

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

Why should I download a Strettons legal pack early even if I am not ready to review it?

Strettons emails changes to everyone who has downloaded the pack, so the download is what puts you on the notification list. Downloading early therefore has value independent of when you read it. It also matters because guide prices are updated each working day in the run-up to the sale, and being on the list is how you learn what has moved.

Strettons reads addendum notes aloud at midday. What if I miss them?

Addendum notes are read aloud at 12pm on auction day, which means a variation can be announced rather than only published in the pack. A bidder working from the written documents alone can miss it. Check the lot page in the final hour and, if you are bidding by proxy, make sure your maximum accounts for the possibility of a late variation you will not hear.

Strettons sells legal pack summaries. Is that the same as a Bidq report?

No. Those are paid third-party summaries of the documents. A Bidq report is a review by an SRA-regulated solicitor that reaches a position: an overall bid posture, category scores and numbered risk-rated findings with recommended actions. A summary tells you what the pack says; the review tells you what it means for your bid and what to do about it.

Can you review an advertising hoarding or substation lot?

Yes, and these need a particular focus. Where the value sits in a lease or wayleave rather than the land, the occupational documents are the asset: term, break rights, rent review, repairing obligations and rights of access all determine what you are actually buying. The review concentrates there rather than on the physical extent.

What will a Strettons purchase cost me beyond the hammer price?

The published Buyers Administration Fee is £995 including VAT, reduced to £595 including VAT on transactions under £10,000, and the deposit is ten per cent subject to a £3,000 minimum. Special conditions can add further buyer contributions on a lot-by-lot basis, and the report identifies and quantifies those so the full cost is visible before you bid.

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