08/05/2026
We recently acted for a long-standing client who had purchased a residential property at auction with no funding arrangements in place. Auction transactions have strict, non-negotiable completion deadlines, and delays could have resulted in significant interest accruing, a breach of contract, and even placed the transaction at risk, leaving the purchaser open to a claim.
With time sensitive, high-risk cases, a coordinated, cross-departmental approach is often essential. Head of property James Burford worked tirelessly with our expert corporate and commercial team, Ben Ironmonger and Emily Drew, and the transaction was successfully completed within two working days of the contractual completion date.
You can read the full case study on our website:
Scott Bailey LLP coordinated multiple legal teams to achieve completion of a complex auction property purchase under severe time pressure.