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Buyers Checklist

1. Research the Property

A prudent Purchaser will before bidding for a Lot at an Auction;

2. Check Guide Prices

Guide Prices are published for each property and are indicative on the vendors’ minimum expectation on price. Guide prices are for guidance only and are not reserve prices. These prices may occasionally change and we recommend that you regularly check them.

3. Changes to the information

Changes are sometimes made to the Lot Information or the Special Conditions of Sale. These changes can be found on our website under ‘Addendum’. It is vital that you regularly check for any changes that may have occurred prior to the Auction.

4. View the property

If there is no group viewing information provided, please either call us or the local estate agent to make the necessary arrangements to view the property. For group viewings, which are at arranged times, there is no need to make an appointment. Group viewings will be organized at certain times from the issue of the catalogue and continue until the day before the auction (including bank holidays).

5. Register your interest

If you find a property that you are interested in, please register your interest online. This is entirely at your discretion but it enables us to endeavour to contact you regarding any major changes to the Lot or indeed if the property is about to be withdrawn or sold prior to the auction.

6. If you require a Survey

It is important to carry this out as quickly as possible. Please call us or alternatively have your surveyor call us direct and will arrange for access to the property.

7. Obtain legal advice

It is vital that you obtain independent legal advice before bidding. You should pass a copy of the auction catalogue to your solicitor and have them request the relevant legal pack. Legal packs will usually be available for inspection in the auction room, although this cannot be guaranteed. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.  It is important that you check prior to the auction to ensure that you receive any documents subsequently available.

8. Finance

All bids made in the room are unconditional and are made on the understanding that finance is in place. Therefore, it is important that you have obtained a loan offer prior to the Auction. This will often necessitate the building society or bank having their valuer attend the property that you intend bidding on prior to the auction. You will need to make your mortgage application as soon as possible and also discuss with your lender the time scale regarding the draw down of funds as funds for completion are usually required 4 weeks after the contract is signed.

9. Making an offer prior to the auction

You are free to make an offer for a property prior to the auction provided that the offer is in writing and should it be accepted you must be in a position to exchange contracts immediately.

10. Proxy/Telephone/Internet Bidding

If you cannot attend the Auction you can ask the Auctioneer to bid on your behalf by telephone or in writing or alternatively via the internet. However, we strongly recommend that you attend the Auction personally if at all possible.

11. Find out whether the property is still available

It is important that you keep yourself appraised of all developments with the property that you intend bidding on through our website.

12. Understand all terms and conditions

Buying property at auction is different to buying property privately and we strongly advise potential purchasers to check that they have read and understood all the various legal documents and terms & conditions and to discuss same with their legal advisors.