REQUEST A CATALOGUEAll properties are featured in the auction catalogue, which is usually available two weeks prior to each auction. Registration to receive the catalogue is available on our website
ARRANGE A VIEWINGTo view any auction property visit the web site or call the auction office. Viewing representatives are available 6 days a week. Arrange a survey to be carried out on the property if required.
REGISTER TO BID
Before the Online Livestream Auction, you need to register to bid, to be able to participate. You can select either online bidding, telephone bidding by following the link below
If you wish to proxy bid please contact a member of the Auction Team.
DO YOUR RESEARCH
It is advisable that research is carried out prior to the auction, to ensure that bidders have a clear idea of what is the highest price they are prepared to bid up to. It is very easy in an auction room to get carried away!
ORGANISE YOUR FINANCES
The successful bidder on the night of the auction is required to sign the contract and enter into a binding legal contract, therefore buyers must ensure that they have the finance in place to be able to complete the matter within the time scales, usually 28 days after the auction.
DOWNLOAD LEGAL PACKS
The Legal Pack / Contract, that the successful bidder will sign on the night of the auction, will be made available prior to the auction and can be accessed via Loveitts web site. The Legal Packs are available via a service provided by the Essential Information Group Ltd, which will not only allow the download of the Legal Pack but will also keep purchasers updated with any changes to the pack. Please note however that it is the responsibility of all bidders to recheck the legal packs for any changes prior to bidding.
CHECK FOR UPDATES
If there are any amendments / additions to the information held in the catalogue relating to each of the Lots, then an Addendum will be issued prior to, and on the night of the auction.
ON THE DAYEnsure you are online or by the telephone for the start of the auction.
EXCHANGING CONTRACTSThe 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 (minimum £2,000) plus the Administration Fee.
COMPLETION DATEAs soon as the Auctioneers gavel falls on a bid, the successful bidder is under a binding contract to purchase the relevant property. Completion will occur 28 days after exchange, unless otherwise specified within the legal pack. Bids may be refused at the Auctioneers’ discretion. The Auctioneers reserve the right to bid on behalf of the seller up to the reserve.
METHODS OF PAYMENTPayment of deposit on the night of the auction include debit card. Credit cards and cash are NOT acceptable.
TO BE PAID ALONG WITH 10% DEPOSIT (MINIMUM £2,000)
IMPORTANT INFORMATIONAny 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.
Properties sold at auction are not normally cleared of furniture and effects on completion.