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Property auction house

PS&B (Parsons Son & Basley) property auctions

Established in Brighton in 1825, PS&B is a long-standing independent property practice and auctioneer of residential and commercial property across Sussex and the South Coast, including Brighton, Hove, Bognor Regis and Portsmouth. 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.

PS&B (Parsons Son & Basley) at a glance

  • Coverage: Regional — South East
  • Property types: Commercial, Land, Mixed-use, Residential
  • Auction methods: Online, Traditional
  • Based in: Brighton, South East
  • Established: 1825
  • Website: psandb.co.uk ↗

How auction finance works for PS&B (Parsons Son & Basley) lots

At a PS&B (Parsons Son & Basley) 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 PS&B (Parsons Son & Basley) sells

Property-auction markets we cover include:

Bidding at PS&B (Parsons Son & Basley)? Prepare the finance before the hammer

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