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Property auction house

iamsold property auctions

iamsold (part of iamproperty) is the UK's largest residential auction provider and pioneer of the Modern Method of Auction, partnering with thousands of estate agency branches nationwide; it sold roughly 11,000 properties in 2024. It also operates iamsold NI and an Ireland arm. When you find a lot, share the catalogue, price range and exit so Vortex can compare suitable auction finance as a broker, not a lender.

iamsold at a glance

  • Coverage: National — sells across the UK
  • Property types: Commercial, Land, Residential
  • Auction methods: Modern Method, Online, Timed online
  • Based in: Newcastle upon Tyne, North East
  • Established: 2009
  • Website: iamsold.co.uk ↗

How auction finance works for iamsold lots

At a iamsold auction, the hammer is an exchange of contracts: you pay a deposit on the day and complete inside the catalogue deadline, often 28 days but sometimes shorter. A standard mortgage may not fit that timetable, which is why bidders consider auction finance or a bridging loan. Bring us the lot and catalogue before you bid so we can compare suitable routes and help you frame a supported ceiling.

If the lot is unmortgageable in its current state, a refurbishment or below-market-value buy, that is exactly what this finance is built for: the bridge funds the purchase now, you complete on time, then exit by refinancing onto a term mortgage or selling once works are done. We stress-test that exit first. We are a broker, not a lender, and we disclose every fee in writing before you commit.

Where iamsold sells

iamsold sells UK-wide. Property-auction markets we cover include:

Bidding at iamsold? Prepare the finance before the hammer

Tell us the lot, price range and exit. We compare suitable finance and coordinate the application process.