Reviews of BidX1 | UK. (Real Estate Agency) in London (London).
BidX1 | UK
Heathcoat House, 20 Savile Row, London W1S 3PR, United Kingdom
Description
Information of BidX1 | UK, Real estate agency in London (London)
On this page you’ll find the address, open hours, more popular times, the contact, photos and real reviews of this business.
This business has received very good reviews from their customers, so probably it’s a place you should try if you are looking for this kind of services.
Map
Open hours of BidX1 | UK
Sunday
Closed
Monday
9am–5:30pm
Tuesday
9am–5:30pm
Wednesday
9am–5:30pm
Thursday
9am–5:30pm
Friday
9am–5:30pm
Saturday
Closed
Reviews of BidX1 | UK
H. S.
Our experience of the service offered by BidX1 has been exceptional. They have achieved great results for us and they have always acted in a professional manor.
It’s been a pleasure to work with John Connolly and we definitely look forward to working with the team again.
A. E.
BidX1, and in particular Dominic Smith, were instrumental in achieving great results for us recently in disposing of various commercial properties. The pre-auction marketing was thorough and the reporting detailed all interest, which ensured we were fully briefed prior to the auction day. Very highly recommended.
J. L.
BidX1 assisted with the sale of 2 significant former department stores in Yeovil. Both were tricky assets and BidX1 performed efficiently and professional throughout. We look forward to working with you again!
O. W.
TL;DR: Sound proposition, reasonable early implementation.
The property we were bidding on was being sold in partnership with Foxtons. We were able to view the property before the auction, verify that it was real and really on the market, and take measurements of the plot.
I filled out the registration details in order to bid on the property two days before the auction. We were buying in joint names, and the registration form didn’t make this easy to specify - I submitted two lots of ID documents and they updated the names for the contract automatically. However, they are only able to specify one buyer’s address on the contract, whereas we would have preferred using separate addresses, since we don’t live together. I tried to pay the bidding fee and security deposit (£11400 total for the property I was interested in) by credit card, and it looked like the payment was successful, but the website kept saying “Authorisation pending”. I called my bank, and they had indeed refused the payment. After going through a long check to confirm it wasn’t fraud, I made the payment while on the phone to the bank. A few minutes later, the BidX1 website showed I was able to bid.
The bidding had been scheduled to end at 1pm. However, on the day of the auction, the deadline was moved to 12:10pm. Fortunately I saw this, but it would have been easy to miss if I’d planned to join at the end. The bidding never started, because nobody wanted to bid above the starting price. After the auction closed, I made an offer through the website. Then I had a discussion with the agents, during which we agreed a price. They reopened the auction at the price we’d agreed, I bid, and the auction ended soon after. We had won the auction.
Following the auction, emails went out saying we’d won, sending the contract to myself and my solicitor, and asking for the balance of the deposit. I paid the deposit by bank transfer the next day, and soon after received an email confirming it had been received and that the full deposit had been paid. The purchase was completed in 4 weeks from the bid date. The process was relatively smooth. Any concerns we had regarding the integrity of the process were unfounded.
One thing that was made clear was that if you win the auction, even if you don’t complete the purchase, for example if the person selling the house doesn’t actually have the right to, you lose the fee. However, it wasn’t clear whether BidX1 or Foxtons actually check this first. In our case one of the previous owners was deceased, causing only a minor complication in this instance. If your are buying the house through a normal process things like that would be checked and sorted before the exchange of contracts, so such issues are avoided. With BidX1, the exchange happens when you win the auction.
I cannot comment on the process in the case that you don’t win.
E. D.
Very good market coverage of our company owned land sites throughout the whole of the UK. Consistently achieving above expectation results, we are very satisfied with Bidx1 auction services.
m. b.
I had an issue registering for the auction, and even though I left it to the day of the auction the team , specifically Dominic Smith spent time with me on the phone ensuring that I was fully signed up.
Great Service!
E. O.
We are extremely happy in which the way BIDx1 have handled our properties and the attention they receive a first class job and a pleasure to work with Mat Harris and his team.
p. g.
I have been looking to buy in London for some time. When i found a place it was wonderful to have such brilliant support from BidX1/UK. They helped me though out the whole process which would have been very daunting. Huge thanks to BidX1/UK from Paul Gilmartin
T. A.
It was great working with John. He was extremely helpful and patient taking me through the process. A pleasure to work with.
K. W.
Joel was excellent at every step of the (quick) process. Couldn’t have asked for more.