The UK's Largest Customer Review Website for the Property Industry
The UK's Largest Customer Review Website for the Property Industry
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3.3/5, 49 Reviews
59% Recommended
76% sales valuation accuracy
92% sales fee satisfaction
By : 'Buddy'
Services : Online Auctions()
Sold price : £32000
Would you recommend ? : No
Postcode : ML2
During 2021 I have attempted to purchase from this auction site. The first property was a tenanted upper house, which our lawyer advised us not to proceed with as the contract with the auction house might not include tying in a new tenancy agreement with the sitting tenant. We found another property, an executor sale, ironically in a place I lived as a child. The property was a one bedroom ground floor flat with a starting bid of £8,000. FPA provided information on houses which had sold locally but most of these were 2 bedroom not one bedroom and they failed to list the most recent sale and most direct comparison. This was number 74 which sold in March 2021 for £30,000, the same value placed on this property. The Home Report gave a value of £30,000 but commented that there was damp work to be done and made an allowance of £3,000 for this i.e a valuation of £30,000 if the damp work cost £3,000 and was done. The Home Report by DM Hall dated 2nd July 2021 was very poor. It had major errors in it, i.e. stating that the house had gas central heating when it did not. There was a Category 3 rating on dampness rot and infestation and 13 category 2 ratings. The property required a new kitchen, bathroom, potentially rewiring, plus decorating throughout. There was also a major crack in the roughcast on the kitchen external wall and some of the glazing was single pane only. The property essentially required to be gutted, yet they valued it at exactly the same price as one which was in the same block and had a modern kitchen and bathroom and was fully modernised and in walk in condition. How could this be accurate? We registered for the auction and despite doing so in good time and constantly chasing FPA on the day we were unable to bid as our application was still pending. The Legal Pack was also very late in being available, we applied for it using their on line system and it was sent overnight being received on the morning of the auction. We also contacted them direct requesting the legal pack and were sent a copy of it late on the afternoon the day before the auction. We did go and view the property from the outside as no viewings were allowed by FPA. There was extensive damp staining on the front of the house, caused by the downpipe, the front door was in poor condition, the roughcast at the back was very poor and all in all it was even worse than the Home Report suggested. The Home Report commented that that were evidence of previous damp work being carried out and that any warranties should be provided with the Title Deeds. We contacted the vendors to ask if there were any damp warranties on the property as the Home Report advised checking this out. A damp report was commissioned on 14th July and advised that the total cost of repairs were £11,500 plus vat, not the maximum of £3,000 estimated by the surveyor. The Home Report was not amended to reflect this though there was time to do so. The Legal Pack when it was finally issued did NOT include the damp report. This was reported to both FPA and the lawyers handling the sale before the auction took place. Neither FPA or the lawyers ensured that this report was available before the auction began. The fees charged by FPA were £4,000 plus vat a total of £4,800 on a property valued at £30,000 (assuming a damp repair not exceeding £3K) with a starting bid of £8,000. This appears excessive. Bidding starting on the property on 30th July and was brisk, with it finally being knocked down at £32,000 with fees of £4,800 and damp repairs of £13,800, a gas connection charge of £806 plus the rest of the remedial work. It is hard to believe that the property would have sold for this had the information on the damp repairs been known by potential bidders. The information provided by FPA was incomplete, inaccurate, and at best misleading i.e. comparing previous sales mainly with 2 bedroom properties not one bedroom properties. We can only assume that the buyer was seduced by the prospect of it being worth £63.000 which was one of the comparisons quoted for a 2 bedroom property sold at the height of the market in 2008. A 10% deposit and fees are paid at the completion of the auction and are not refundable as far as we are aware under any circumstance. It will be interesting to see if this property is re-listed in future. While it is true that it is the duty of the buyer to beware and check, but this particular sale was full of misleading or downright incorrect information and the property should have been withdrawn from sale and a more accurate Home Report and Legal Pack provide. We did all we could to ensure that the correct information was provided but neither FPA, DM Hall or the lawyers took appropriate or timely action.
By : Amar iqbal
Apr 8, 2022I also been victim of Future property auction recently 24 Feb 2022 auction . Similar issues as above Lost £32000 in deposit and their fee . Looking at options if I can claim. My money back . Anyone can help or suggest anything please contact me for full detail . Regards Amar 07944114005
By : Roland Keszeg
Jul 13, 2023Hi Buddy I am a victim of a fraud done by Future Property Auctions. It would be nice if you could share your phone number or email address so we can talk. Phone: 07501438402
Last updated at 11/30/2, 12:00:00 AM by allAgents
Kindly note that legally, letting agents need to publish information about their tenancy fees, government-approved redress schemes and client money protection schemes on their website and on third party websites (on which agents are listed). For properties to lease/rent in England, agents need to keep this information up to date and precise on allAgents or specify within the property description.
Services | Valuation | Fees | Min Price of property reviewed | Max Price of property reviewed |
---|---|---|---|---|
Sale | 76% | 92.00% | £22,000 | £175,000 |
Future Property Auctions
241 Kilmarnock Rd, Glasgow, City of Glasgow
G41 3JF
0141-632-6599
By : 'dave'
Services : Sales( As a Vendor )
Would you recommend ? : No
Postcode : G76
These People are not to be trusted and are bordering on... Read Full Review
By : 'P'
Services : Sales( As a Buyer )
Would you recommend ? : No
Postcode : AB11
Buyer Beware Avoid this One! We bought a property agreed on the price and paid the deposit. Then the next month we were shocked to see the property listed again and they just emailed us to say the customer changed their mind. Shocked that this company has complete disregard for agreements and any... Read Full Review
Stephen
Robin
By : 'D'
Services : Online Auctions
Would you recommend ? : Yes
Postcode : KA8
they seem to be the biggest auction in scotland. maybe the uk. very professional to deal with and always willing to... Read Full Review
Stephen
By : 'Johan'
Services : Online Auctions
Would you recommend ? : Yes
Postcode : G77
I have not bid at property auction before this time. I was not winning with my bid but they dealt with me well and answered questions. perhaps next time I should win the auction and I will return again for another... Read Full Review
Jeremy
By : 'Ish'
Services : Online Auctions
Would you recommend ? : Yes
Postcode : DG1
I made enquiries about buying a commercial property in Scotland and received information and a follow up email from their offices. I have left a message but no call back as... Read Full Review
Robin
Stephen
By : 'George'
Services : Online Auctions
Would you recommend ? : Yes
Postcode : FK1
I had a portfolio of flats to sell in the falkirk area and approached this company as my uncle had said they were decent. they were quite good from the start and met me at the properties for valuations then put them in the auction. they sold straight away for a decent price and I got paid so all... Read Full Review
Robin
Stephen
By : 'Fred'
Services : Online Auctions
Would you recommend ? : Yes
Postcode : G22
great service from Robin and Stephon selling my house in springburn, thanks guys they were both great and gave me solid advice on... Read Full Review
Stephen
By : 'Collin'
Services : Letting( As a Owner )
Rent PCM : £1000
Would you recommend ? : Yes
Postcode : AB10
Hi. I recently sold a property with Future and had a very positive experience. Paid quickly and no problems and really knew their... Read Full Review
Stephen
Robin
By : 'Daniel'
Services : Online Auctions
Sold price : £15000
Would you recommend ? : Yes
Postcode : G20
Professional company to deal with. thanks for your helpp with the puurhasse. It was a pleasant experience and will be back for... Read Full Review
By : 'John'
Services : Online Auctions
Sold price : £230
Would you recommend ? : No
Postcode : G76
These guys are bodering on crimminality avoid if you can you will lose out and be poorer for it please avoid thy are... Read Full Review
Robin
By : 'T.'
Services : Online Auctions
Sold price : £79000
Would you recommend ? : No
Postcode : KA7
this is very bad agency and let criminal to get through . we bought a property in Ayr , the vendor create the illegal lease advertised with SITU tenants. But the lease only signed by 2 persons with no lawyers get involve and no witness. So it was not sold as advertised. The auction pushed us to... Read Full Review
Robin
By : 'Stevie'
Services : Online Auctions
Would you recommend ? : Yes
Postcode : KA4
bought and sold. good experience overall and friendly staff who seemed to have a good knowledge of the property... Read Full Review
By : 'dave'
Services : Surveying
Would you recommend ? : No
Postcode : G51
My Exprience with these guys was not good they are not intrested in giving advice I lost 100 thousand pounds on transaction bordering on... Read Full Review
By : 'Buddy'
Services : Online Auctions
Sold price : £32000
Would you recommend ? : No
Postcode : ML2
During 2021 I have attempted to purchase from this auction site. The first property was a tenanted upper house, which our lawyer advised us not to proceed with as the contract with the auction house might not include tying in a new tenancy agreement with the sitting tenant. We found another... Read Full Review
By : Amar iqbal
Apr 8, 2022I also been victim of Future property auction recently 24 Feb 2022 auction . Similar issues as above Lost £32000 in deposit and their fee . Looking at options if I can claim. My money back ....
Stephen
By : 'George'
Services : Online Auctions
Would you recommend ? : Yes
Postcode : IV30
I have personally had a great experience with Future Property Auctions. Very friendly and helpful!! Dealt with Stephen at Glasgow... Read Full Review
Robin
Robin
By : 'G'
Services : Sales( As a Vendor )
Would you recommend ? : Yes
Postcode : KA30
I had a good experience with Future. Sold a property for me and the buyer completed on time. Price was... Read Full Review
By : 'Joyce'
Services : Sales( As a Vendor )
Sold price : £40000
Would you recommend ? : Yes
Postcode : AB56
I found the agent helpful and a voice of common sense in a complicated situation. He was quick to respond to any of my queries and kept me well-informed all the way through. I would highly recommend... Read Full Review
Stephen
By : 'Shaun'
Services : Sales( As a Buyer )
Would you recommend ? : Yes
Postcode : PA2
Have dealt with the Glasgow office a few times and have been very friendly and professional. They seem to have the biggest choice of properties for... Read Full Review
By : 'Jason'
Services : Sales( As a Vendor )
Would you recommend ? : Yes
Postcode : KY13
Great company to deal with and very professional. They come out to my property straight away and had it marketed the next day. It sold 5 days later for the price I was looking... Read Full Review
By : 'Eamon'
Services : Sales( As a Buyer )
Would you recommend ? : Yes
Postcode : PA15
Professional. Efficient. Competitively priced auction service with good range of properties to buy. Easy to deal with Future Property... Read Full Review