We invited Andrew Binstock, director and auctioneer at Auction House London, and Jordan Phillips, associate director at Auction House London to join Kartina Hindley and Sam Morris - lending associate at TAB

They told us about the role of the auction house, how it works from both a buyer and vendor perspective as well as providing insight into what happens on auction day.

The top five questions asked on this week’s podcast are:

1. What is an auction house?
2. How can I buy a property at auction?
3. How can I see my property through an auction?
4. What are your roles within the auction house process?
5. What happens on the day of the property auction?

Should be noted that this podcast is for information only and does not constitute advice or a personal recommendation. When it comes to financing, any property used as security is at risk of repossession if you do not keep up with your payments. If you are unsure of the risks, you are advised to obtain appropriate professional advice.

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Listen to other episodes of TAB University podcast here:

• Property finance and the media
• Specialist finance
• First time buyer mortgages
• First time buyers
• Evaluate l Locate
• Conveyancing
• Mortgages and financial protection
• Venture capital 
• Leisure and hospitality
• Care homes
• Accounting
• Pensions
• Demolition