Purchasing at Auction
You will be required to pay a 10% deposit (min £3000) plus £500+VAT buyers premium.
This must be paid on the night in cleared funds.
- Debit Card
- Bankers Draft
We do not accept:
- Personal cheque
- Credit Cards
Proof of Funds
If you are paying for the full purchase with cash – bank statement or a letter from your solicitor/accountant/bank is required in order to comply with money laundering proceedures.
If you are purchasing with a Mortgage – an AIP (Agreement in Principal) is required and confirmation that 28 days completion is possible.
Proof of Identity
In compliance with the Money Laundering Act all successful bidders are required to provide photographic identification and proof of address when signing the memorandum of sale.
In ALL cases, buyers must present the following documents:-
Photographic identity document such as a current passport or driving licence.
An original utility bill, building society or bank statement, credit card statement or any other form of identity document (excluding mobile phone bills) that has been issued within the last three months and that provides evidence of residency at the correspondence address.