This property is being sold subject to conditional purchase premium auction terms and conditions.
Contracts must exchange within 28 days with a further 56 days to complete the purchase.
This property is sold subject to a non-refundable purchase premium of 1.2% inc VAT, subject to a minimum of £2,400 inc VAT. This does not form part of the purchase price.
In order to secure the purchase a buyer will pay a deposit of £3000 which contributes towards the overall purchase price of the property. The deposit is non-refundable.
A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.
For further information please contact our auction department on 0191 239 0812 or email firstname.lastname@example.org
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
I understand that by clicking the 'Buy it Now Button' I am committing to purchasing the property and will pay the deposit and purchase premium within 24 hours of this time. I understand that a contract will be sent to me confirming the purchase price and money to be paid, this will be signed within 24 hours of the sale being agreed also.
The offer can be withdrawn at any time before exchange of contracts but I understand that I will forfeit the deposit and purchase premium. After the contracts have exchanged, I understand that I am legally bound to complete the transaction at the agreed price within a further 56 days and my offer cannot be withdrawn.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.