McHugh & Co.
Deborah Caplan
"I would like to highly recommend McHugh…"
I would like to highly recommend McHugh & Co to anyone who is thinking of selling property at Auction. I realised my best option to sell my flat was to go to Auction and a friend of a friend who had years of experience working in the North London’s property market suggested and recommended I used McHugh & Co. As a person who was totally new to selling at Auction, I received all the information, and had all my questions and queries answered by the extremely professional, helpful and patience staff at Mc Hugh’s - especially Marino Costi.
Marino always responded quickly to all my phone calls and emails, and gave very good advice and support throughout the whole process.
Everything went exactly as I wanted - a very good result.
donald macleod
Fred
"Recently bid on a house"
Recently bid on a house, Gladly i lost the auction, but was shown the bidding by a friend, auction due to finish at 12.00. On a bid of 75k, Only one bid, they then extended the auction progressively for the next 1,5 hours, no other bids till 1pm, and them the bidding went up, only one other bidder who won,
I was told after they bid on there own auction so they won there own auction,
They pray on cheap auction and resell and bid this way to make money, they them throw up lavish additional addins to make you pay even more, so once you win the bid, expect to pay over 8k more on top,
John,
Id love to see what they have to say about this,
dagmara f.
"Avoid dealing with McHugh & Co"
Avoid dealing with McHugh & Co. especially if you have no experience buying on auctions. They work with some seriously dodgy sellers and their legal pack is like a minefield - especial "special conditions" part. Buyer will end up paying ALL seller's fees and more ( buyer even pays seller for things like EPC ...). They don't use digits when mentioning additional costs hoping that potential buyer will miss that part. There will be over £15K additional fees for a buyer + regular fees that you would expect when buying on auction. They do not issue any invoices or receipts, how this is even legal? Properties are not even registered in sellers name. Guide price is a joke, bidding actually starts £10k above the gp. They keep extending auction time by 2min, by 10min, by 5 min - at the end auction ended 40 min late. There is so many things wrong with this place its scarry, stay away unless you really know what you're doing.
RChand
"As per other reviews"
As per other reviews, ridiculous seller’s fees and a buyer’s premium to be paid without a receipt! How do they allow that sort thing to take place via their platform?
Also, baffled why they charge the buyer a fee of £1k because they repeatedly fail to help with any query, their go to predictable response to most things tends to be “you need to contact the seller’s solicitor yourself about that”.
It was my first property auction and if this is how it is, never again ;(
Mark Davis
"Why does McHugh move the end auction…"
Why does McHugh move the end auction times? Never had this before and sense underhand activities. Using preceding lots overrunning as an excuse when everything is electronic is very suspicious. Not trustworthy.
The reply below regards T&C’s is not a reflection of what happens. No bids was placed like in the T&C’s and yet the clock keeps moving further away. Only if a bid happens to stop snipping unlike eBay it states with the process be moved by just over a min. Nobody bid and yet the clock gets moved all the time. No other property auction does this. Sorry, the T&C’s are very misleading.
Please do not take my review offline. McHugh called me to advise why they do it because apparently there own system cannot cope with so many properties all ending at the same time. So like I said, why put so many with the same start time. We know why they really do it - so if no bids and another bidders misses out on another property, they then move onto another property to bid as the clock keeps pushing away. They also advised eBay does the same - but they do NOT do the same. I will say it again to refresh this post in case Mchugh want it removing. BE VERY CAREFUL using this auction company as the goal posts WILL move
Aall
"Knowledgeable, professional, responsive "
Marino was knowledgeable about auction processes and the market, was professional and responsive throughout. Highly recommended
Ajay Adla
"******BEWARE of this company's PROPERTY…"
******BEWARE of this company's PROPERTY AUCTIONs dont buy**** very sneaky - they say 850+300 but charge £6000 below on every auction sale they do.
15. On or before completion the Buyer is liable to pay the Seller a sum of
six thousand pounds in relation to the Seller’s legal and agents costs.
No invoices will be provided.
SJ
Jay
"The worst experience the worst…"
The worst experience the worst nightmare anyone could experience.
I went online looking for a garage in East London and came across Mchugh Auctions. Stupidly I decided not to ask friends or family for their advice and went online registered and paid the 5k deposit to make bids.
Saw 2 flats and decided to bid for them. I realised on the day something wasn’t right as the prices went really high, felt it was like it was being done internally but still decided to go ahead. Both flats went for 30k each.
On their portal it says solicitor fees would be either 2.5% or SEVEN AND HALF THOUSAND POUNDS. Stupidly the 7.5k are not written numerically so it can be missed, for me it was the case. When you call up and speak to someone in their office and ask what are the fees their tone will change and they will say they are not sure and one must check on the lot.
After the purchasing the flats I also realised, that certain documents were not present and there was a daily charge on the property of £10 which is totally fuckery.
I called up Mchugh Auctions to have the flats relisted on their site and was told quite bluntly no. When I insisted why I couldn’t, I was put on hold and told again there wasn’t enough time to have them advertised on the catalogue. A blunt response, they had enough time to list as they had all the details of the flat and the legal documents.
I have wasted 90k on 2 flats which are worthless. When you make a bid, you are not bidding against a person who has the same desire to buy like you to buy but bidding against a Mchugh employee who are increasing the price. When Mchugh Auctions realise the mark isn’t going to bid no more and it’s going to be won by themselves, the property is then thrown back in auction for their next auction date. If you look at their auction winning history, you will find many investments appearing again and again.
I made many mistakes, all the negative comments I have seen online have happened to me. I made so many errors but please don’t make the same mistakes as me.
I also saw another investment which was a walkway ownership in Tower Hamlets, guide price of 1k, I feel so happy I didn’t get it or bid. It would have cost me 7.5k in solicitor fees, 1k fees to Mchugh which is their front. Probably another 3k fees to get the legal documents. By the time I would have got the land it would be another fuckey of daily charges.
A truly dishonest company, do not put your trust in this company to buy or sell your property. I wish I could go back and think it all through.
Widget Preview
Add to your site