Our buyer’s guide is below on further information for bidders.
The successful purchaser will be required to sign the contract on the night of the auction and to pay a deposit of no less than 10% in the form of cheque directly to the vendor’s solicitor. The balance of the purchaser’s monies will be payable within 28 days.
Auctioneers administration charge
A fee of £500 plus VAT will be charged for each LOT purchased. This will be payable by the successful bidder to the vendor’s solicitor with the cheque made payable to Walker Singleton (Residential) Ltd.
Proof of identity
Successful bidders are required to provide Charnock Bates with Proof of Identity and proof of a current residential address by producing the following documents prior to signing the contract at the auction:
• A photographic ID, such as a current passport or new style UK driving licence
• A utility bill, bank or building society statement, or credit card bill issued within the previous three months, providing evidence of residency at the correspondence address
If the bidder is acting on behalf of a limited company, the bidder will be required to provide personal proof of name and address, and in addition:
• Copy of the company certificate of incorporation
• Written authority from the company that the bidder has the authority to represent and purchase on behalf of the company at the auction
For a full professional auction consultation call our auction coordinator Isobel Smith on 01484 903000.