Buyers Guide

Catalogues

The Catalogue of Entries for a forthcoming auction is released 3 weeks prior to the auction date. You can view the latest Catalogue of entries on our website only once live. No properties are released live until after the initial catalogue deadline for sellers entering properties. For a list of Auction dates and catalogue deadlines please see our latest Auction Calendar.

Viewings

External Viewings - You may view a property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.


Open Viewings - A property will be open for internal viewings at specified dates and times which you will find on the schedules. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.


Internal Viewings by Appointment Only - Where this is specified then internal viewings may be available by arrangement where possible. Please contact us now to register your interest in viewing this property internally. In some cases there may be no internal open viewings possible.

Guide Prices

Auction Guide Prices are displayed as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Pre-Auction Offers

You can submit an offer at any time (Pre-Auction or Post-Auction) on any of our properties for the vendor to consider. If the vendor is willing to accept your offer and sell you the property now you will be required to pay an immediate 10% deposit (Min £3,000) to secure the purchase and withdraw the property from being offered at the next auction. To submit an offer browse to the property schedule on our website then click the "Submit an Offer" link, complete the offer details and submit. We will then contact the vendor with your offer and confirm the result asap.

Legal Packs

For every lot that appears in our auction catalogues, we ask the vendors' solicitors to provide us with legal information. This will generally include: Special Conditions of Sale, Title Deeds, Office Copy Entries, Searches (if applied for), Leases (if applicable), and any other pertinent information. You can request a Legal Pack prior to the auction. To order please phone or email our offices. Legal packs are also available for inspection at our offices or at the auction venue from 6pm onwards.

Bidding Methods

Attend the Auction - The most popular method is to attend the auction in person. This way you can best guage the interest and activity for a lot. You should arrive at least 15 minutes before the auction begins to give yourself enough time to register and find a seat in the auction room. In order to bid you must first register at the 'Bidding Registration Desk' to receive a bidding number. You will be required to leave your contact details and your solicitors details. This will take a maximum of 5 minutes. A photo ID will be required to obtain a bidders number (Drivers License, Passport or ID Card). You will receive a coulour printed auction catalogue upon arriving at the auction along with any important changes and notifications (Known as a Catalogue Addendum). Bidding for a property will be regulated by the auctioneer who will also clearly announce bidding increments. You should bid clearly by raising your bidding number and should you be successful a member of staff will guide you through the process of deposit payment and contract completion.


Telephone Bidding - If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register for phone bidding for a lot simply browse to the online schedule and follow the links on the page entitled 'Phone Bidding Registration'.


Proxy Bidding - This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register for phone bidding for a lot simply browse to the online schedule and follow the links on the page entitled 'Proxy Bidding Registration'.

Deposit Payments

If you are successful in purchasing a property at auction you will be required to pay a deposit on the date of the auction, prior to leaving the auction room so you should certainly organise this deposit in advance. The deposit is payable by cash, debit or credit card (please note there is a 2.1% surcharge for credit cards). The standard deposit is 10% or minimum of £3,000. A buyers administration fee equal to 1% + vat of the sale price subject to a minimum fee of £2,000 inc vat will also be payable at the time of placing the deposit.

Signing of Auction Contract

Once you have paid your auction deposit for a purchase you will be guided to the 'Solicitors Desk' where you will be required to sign the auction contract for the sale of the property. Once you have done this you are free to leave the auction. In the case of Phone and Proxy bidders the auctioneer will allocate a representative to sign the auction contract on their behalf.

Solicitors and Completion

The sellers solicitors will make contact with your solicitors shortly following the auction to proceed with the transfer of the title and payment of the balance of the purchase price. The standard completion time is 28 days from the auction date. At this time you will be required to pay the balance of the auction amount through your solicitor. A vendor may request a quicker completion so please check the auction legal pack to confirm the completion time which applies to your property prior to bidding.