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Home » Buying » Prior to Auction Day

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Prior to Auction Day

Regular auction buyers know it is a simple process. But before coming to our sale we recommend prospective buyers:

  • Browse upcoming sales or search for a specific property online.
  • View the property details in the online catalogue
  • Tell us about your interest. We may be able to help and tell you about any updates

Read:
The common auction conditions of sale (CAC) have been published by the Royal Institution of Chartered Surveyors and are reproduced on our website and towards the end of this catalogue. As surveyors and auctioneers we have adopted the CAC and the sale of properties in England and Wales are subject to them. They set out the duties and obligations of the buyers and sellers and of the auctioneer. This is an important document. As far as possible it has been written in plain English but it does form part of your contract of purchase and some terms will inevitably use legal phraseology.

You should consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The CAC are divided into three parts. If you are intending to bid for yourself or another please read the Conduct of the Auction section carefully before arrival. If you need help in understanding them please contact us, preferably by e-mail or consult your legal adviser.

Each property will have its own legal documents including the Special Conditions of Sale which are supplied by the seller's solicitor. If you receive copies they should be checked against the originals before the auction to make sure they have been scanned correctly. Seller's solicitors usually hold title deeds, leases and other documents relevant to the sale. They are usually available to download free from our website. Please let us know if getting a legal pack is problematic.

Check:
The information on each property in this catalogue has been provided and checked by the seller and their solicitor. We can only give a short overview of what is being sold and the photographs and plans are for identification only. As a potential purchaser you will know there is no substitute for your own research. Where we are aware of any changes before the auction these will be listed on the website under The Addendum.

Inspect:
The property: You must inspect the building inside and outside. You may need professional advice to survey the condition of the building and the boundaries. Talk to the tenant of the property if there is one and also to neighbouring occupiers; you can learn a lot from others. As most of the properties are occupied, viewings must be arranged through us.

Double Check:
Sometimes properties are sold or withdrawn prior to auction or information with which we have been supplied requires updating as the marketing period progresses. This may include the information in the catalogue as well as the legal documentation. The seller may also wish to change the guide price in response to interest generated by the auction marketing. We publicise these changes on our website as well as in The Addendum which is available on the auction day. The Addendum is part of the contract of sale and therefore you must make sure you have checked on the website beforehand and obtain a copy at the auction. Sometimes we are informed of changes at the last moment and therefore please make sure you arrive early to hear any pre-sale announcements by the auctioneer.

Can't make the Auction:
We provide a proxy and telephone bidding service, details of which, together with the terms and conditions, can be found on the website or at the end of this catalogue.

For those of you who cannot attend but want to follow the auction online please go to our website. This service will be available from the start of the auction.

Keep in touch with us:
We are here to help you. If you register your interest with us via our website or by contacting us directly this will help us keep in touch with you if there are changes.

For more information please contact us.

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