A cheque book or debit card: To pay your 10% deposit on the day. Cheques must be, drawn on a UK bank account.
Identification: To comply with money laundering requirements we need to see your driving licence or passport with photo ID, and a utility bill or bank statement with proof of address.
Your solicitor's details.
An up-to-date order of sale: please check the property you are hoping to bid on is still available.
An addendum: Sellers and their solicitors may change details up to the auction day. Please check with us whether your prospective lot has been subject to any change including its guide price - an updated guide price list will be available in the auction room on the day.
Auction assistance: Should you have any special needs or disabilities please let us know and we will try to meet your needs as much as possible. If you have any questions about the process our team will do everything we can to help you.
The sale will start promptly at the time stated in our catalogue.
The auctioneer opens the sale with any pre-sale announcements.
Bidding is regulated in increments by the auctioneer: lots are announced individually and are displayed on a screen on the stage, tracking the last bid taken.
Bidding: Please bid clearly and make sure we can see you.
When the gavel falls: If you are the highest accepted bidder when the property is knocked down you will be under a binding contract to purchase it. A member of our team will give you a purchaser's slip which you must complete. If bidding on behalf of someone else we need their name, address and telephone number. Please double check the special conditions of sale to establish whether VAT is chargeable on the property at this time.
Deposit: We also require a deposit payment for 10% of the agreed price payable by cheque or personal debit card at this point, unless otherwise specified in the special conditions of sale. Deposit payments by commercial debit cards, cash or credit card are not accepted.
Buyers Fee: You may also be asked to pay a buyers fee in addition to a deposit. For full details please see the hard copy or PDF version of the catalogue. Money Laundering Regulations 2007: Requires that we see two original forms of identification at this time: your driving licence or passport with photo ID, and a utility bill or bank statement with proof of address.
You will then be invited to complete the memorandum of sale and any other documentation at our contract table and will receive copies of the signed documents to give to your solicitor. Completion commonly occurs 20 working days afterwards when the deposit funds are paid to the vendor.
Results are released within hours of the sale ending and may be viewed on our website: Past Auctions and via the Essential Information Group website.
Unsold properties: Please register your highest bid and contact details with us on any property that is unsold and we will be able to speak to the vendors there and then on the day to try and agree a sale post auction.