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 Loveitts Auctions

Loveitts is a modern and progressive auction house and the leading auctioneers in the Coventry and Warwickshire area but maintaining traditional values and with a pedigree which stretches back to 1843.

  • The firm holds regular property auctions in Coventry & Warwickshire usually every two months offering a range of lots to include, residential, commercial, land and investment properties.
  • Our expert auction team inspects every auction property to ensure that the most comprehensive advice is given.
  • Best possible price achieved and binding contract on the fall of the hammer.
  • Chain free sale with no adverse down valuations or surveys.
  • 10% deposit paid at the auction and completion usually within twenty eight days provides for a quick hassle free sale.
  • Clients include prominent local charities, local authorities, receivers and liquidators and statutory undertakers as well as private clients.
  • All auction lots marketed on leading auction and property websites including Rightmove, Find a Property, Prime Location, Globrix, Propertylive and EIG as well as on

 Auction Diary

Date & Time: 6:30pm, 19th November 2015
Venue: Village Urban Resort
Address: Dolomite Avenue, Canley , Coventry CV4 5DN
Auction Details:  Now taking Lots for our November Auction, call now for a free appraisal.
View Properties

 Last Auction

Date & Time: 6:30pm, 17th September 2015
Venue: Village Urban Resort
Address: Dolomite Avenue, Canley , Coventry CV4 9GZ
Auction Details: Call to view any unsold lots.

 Guide to Buying

Prior to Auction

The attention of prospective purchasers is drawn to the general and special conditions of sale which are available for inspection at the office of the Vendors Solicitors and at the office of the Auctioneers.

Prospective purchasers shall be deemed to have inspected the relevant property. The vendor’s solicitors will provide a contract pack including the usual necessary searches and enquiries with all relevant authorities and other bodies. This is available for inspection at the Estate Agents offices, during normal business hours. It is advisable to arrange for a survey of the property prior to the Auction.

Prospective purchasers are strongly advised to check any sales particulars as to measurements, areas and all other matters to which the properties are expressed to be subject or have the benefit of and in respect of any contents, fixtures and fittings, expressed to be included in the sale by making an inspection of the property and all the necessary enquiries with Loveitts, the Vendor, the Vendor’s professional advisors and all other appropriate authorities. All measurements and areas referred to in these Particulars are approximate only.

Inspection of investment properties is by courtesy of the tenant. Inspection of properties with vacant possession only by arrangement with the Auctioneers. Interested parties should ring the office book a viewing.

The Vendor has a right to sell before Auction or withdraw the Lot and neither the Auctioneer nor the Vendor is responsible for any abortive costs, loss or damages of a prospective purchaser. Information as to pre-sale or withdrawal of a Lot can be obtained from enquiry of the Auctioneers at any time prior to the Auction but valid only up to the time of enquiry.

On the Day of the Auction

As soon as the Auctioneers gavel falls on a bid, the successful bidder is under a binding contract to purchase the relevant property. The purchaser is immediately at risk in relation to the property and should therefore have confirmed bank or building society finance arranged (if required) and will also be deemed to have made prior arrangements for any insurance cover that is required (See footnote). Completion will occur 28 days after exchange, unless otherwise specified.

Bids may be refused at the Auctioneers' discretion. The Auctioneers reserve the right to bid on behalf of the vendor up to the reserve.

The successful bidder must immediately present to the Legal Representative, identification including passport or driving licence, plus a utility bill (not mobile phone bill).

The successful bidder must sign and exchange contracts with the Vendors Solicitors prior to leaving the room and at the same time pay to the Solicitor a deposit of 10% of the purchase price plus the Buyers Premium (see below for amount). In default of any of the above, the Auctioneer shall be entitled as Agent for the Vendors, to treat the failure or default as repudiation and rescind the contract.

Thereafter the Auctioneer shall be entitled to re-submit the property for sale and if a successful bidder does not pay a deposit and/or complete the memorandum the Vendor reserves the right to claim any loss he suffers as a result.

Important Notes

All location plans published in the particulars of sale are to enable prospective purchasers to locate the property only. The plans are photographically reproduced and therefore not to scale and are not intended to depict the interest to be sold but are for identification purposes only. The boundary lines and numbers on the photographs are again only to enable prospective purchasers to locate the property and are not intended to depict the interest to be sold. Purchasers are advised to view the special conditions in respect of the precise interest to be conveyed.

Any guide prices or any estimates or values mentioned in negotiations or discussions with the Auctioneers or any of their representatives cannot be relied upon by a prospective purchaser as representing professional valuations for any purpose in accordance with the requirements on guidance notes of relevant professional bodies or other authorities. In all respects prospective purchasers are deemed to have relied upon their own knowledge or the advice of their own professional or other advisors. Also the reserve price may in some instances exceed the quoted Guide Price.

The dimensions and/or areas shown in this catalogue are intended to be accurate to within ±5% of the figure shown. If greater accuracy is required we advise intending purchasers to carry out check measuring.

Properties sold at auction are not normally cleared of furniture and effects on completion.

Buyers Premium (To be paid along with the 10% deposit):

  • Guide Price up to £20,000 Buyers Premium £395 +VAT
  • Guide Price £20,001 to £250,000 Buyers Premium £495 +VAT
  • Guide Price £250,001 + Buyers Premium £695 +VAT

Any Queries For any queries please do not hesitate to contact us on 024 7652 7789.

 Guide to Selling


Selling at Auction can give a transparent sale, within a short period of time, achieving the best possible price.

Once the hammer comes down, the purchaser enters into a binding contract, and pays a 10% deposit on the night of the auction and will sign a contract.

Completion usually will occur within 28 days.

Once the contract is signed there is no risk to the vendor of adverse surveys or down valuations. The successful bidder is legally obliged to complete the sale.


Kendall Head (Auctioneer and Loveitts Director) along with Sally Smith (Loveitts Auction Manager and Associate) will arrange at a mutually convenient time to visit the property to appraise not only its suitability but its potential sale price, Guide price, and to run through the Auction process.

Once instructions to proceed have been received, sale particulars are prepared, and forwarded to the Vendor for approval.

An Energy Performance Certificate (EPC) is required by Law for properties that are put on the market. The EPC must be ordered before marketing can commence, and must be in place 7 days after the first day of marketing. Due to a condensed marketing period it is imperative that the EPC is ordered immediately. Loveitts are able to advise you on the cost of applying for a EPC.

Loveitts will advertise the property every week from when the EPC is ordered.

The seller will need to instruct a solicitor to prepare a Contract Pack. This is the legal documentation that will need to be in place for a potential purchaser to view before the Auction and the documents that will be signed by the purchaser on the night of the Auction.

It is essential when choosing a solicitor to act that consideration is given to using a Loveitts nominated Solicitor. The solicitor is an essential part of the process to ensure that any potential purchasers have all the information that they need to consider their purchase in plenty of time before the Auction. Loveitts can provide a list of local independent solicitors that sellers in the past have used and found to be both speedy and efficient.

Potential purchasers may want to view the property during the marketing period and have a survey carried out. They will also want to see any Special Conditions of Sale, title documents, lease details (where applicable), searches, planning documentation and office copy entries. This will all be contained within the legal pack.

A few days before the Auction the Reserve price will be agreed. This is the level below which the property cannot be sold. It is important that this be set at a realistic level.

On the Day Of the Auction

Our Auctions are held at De Vere, Village Hotel, during the evening.

It is all quite simple. The Auctioneer offers the Lot and takes the bidding up to the highest level. The fall of the hammer represents an exchange of contracts and the successful bidder is legally obliged to pay a 10% deposit and sign the contract before leaving the room. The property is purchased ‘as seen’, and cannot be renegotiated after the Auction.

After the Auction

It is advisable for the seller to read the meters within the property and forward all keys to the property to Loveitts.

Completion will then occur 28 days after the auction (unless otherwise specified), when the balance of the monies is paid. Loveitts will arrange with the purchaser on the day of the completion to collect keys from their office.

What happens if the Property does not sell on the day?

If the property fails to meets its reserve on the night of the Auction, there may be someone who still wishes to buy. It is then up to the Vendor whether an offer is accepted. There is still the opportunity in the days immediately after the Auction to agree a sale and exchange contracts under Auction conditions. This can occur only with the co-operation of the vendors solicitor.

The property may also be sold in the days or weeks after the Auction.

What next

For an informal, no obligation chat about the process of selling at Auction please call Loveitts Auctions 02476 527789. Or email

 Auction Finance

Loveitts has teamed up with Auction Finance Ltd to make competitive and efficient bridging finance available to buyers at auction. Auction Finance’s streamlined services enable funds to be transferred within 24 hours following completion, putting property professionals in a position to buy – quickly.

Facilities include: bridging finance, development finance, property portfolio funding, land finance and buy to let.

As a principal lender, Auction Finance pride themselves on their service speed. Loans can be agreed before, during or after an auction, with funds always being available in time for completion.

To find out how Auction Finance can help you call 0844 375 7982 now to discuss your requirements or email

 Meet The Auctions Team

Coventry Branch

Kendall Head

Kendall Head, BSc (Hons) FNAEA FNAVA

Director / Auctioneer

Telephone: 024 7625 8421

Fax: 024 7663 2212


Sally Smith

Sally Smith

Manager and Associate

Telephone: 024 7652 7789

Fax: 024 7663 2212


Jodie Bond

Jodie Bond


Telephone: 024 7652 7789

Fax: 024 7663 2212


Jo Spencer

Jo Spencer

Auction Co-ordinator

Telephone: 024 7652 7789

Fax: 024 7663 2212



Mr S, 19th September 2015

Thanks to you all for the hard work you have done over the past few weeks. I don't think that even in my wildest dreams I could have expected the price to go so high.

I shall miss the daily updates that seemed always to make me feel a bit richer!

Mr L, 10th August 2015

As you say the auction was somewhat eventful, and full marks to the Loveitt team for the result.

I have always had confidence in the team at Loveitts and found them nice and good people to deal with.

Mr R, 23rd July 2015

You've all been very good throughout the process and I appreciate it.  Particular thanks to you and Sally.

Best regards.

Mr M, 22nd July 2015

Highly impressed by the quality of service received. A smooth transaction, high level of communication and 5 star administration throughout.  I look forward to working with Loveitts again in the future.


Mr & Mrs M

Mr S, 14th July 2015

 We are so pleased to have a contract to sell our property prior to Auction.

This impressive team effort was fronted to us by Jo Spencer. We cannot praise too highly the total professionalism she has, and continues to show in this role. Our queries were dealt with promptly and efficiently to our complete satisfaction. Her advice and guidance in the matter of the bids received proved impeccable and resulted in a highly satisfactory outcome.

She is truly a credit to your Company and we trust our comments will be escalated together with our appreciation of the efforts others have made.

With our best wishes

Marian and David

 Request a Valuation

Please complete the form below and a representative from Loveitts will contact you promptly to arrange a convenient appointment.

Loveitts offer a free no obligation valuation service.

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Alternatively, get in touch with us by telephone - our Coventry branch can be contacted via 024 7652 7789.

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