seller's solicitors. it will generally consist of the memorandum of sale,
special Conditions of sale, the local search (if and when available), the
land registry search, the Epitome of Title and a copy of any lease affecting
the property. The pack may be inspected during normal office hours at the
auctioneers' offices from the date it is received by them. it may also be
inspected in the auction room on the day of the auction. it is important that
either you or your solicitor inspects this pack prior to auction.
our website, www.countrywidepropertyauctions.co.uk or alternatively a
photocopy of the pack is available from the auctioneers (if received by
them more than 2 days prior to the auction). The cost of this service is £25
(including VaT), or more if the pack is particularly large. This charge is not
recoverable. To use this service telephone the auctioneers on 0870 240
1140 with your credit card details.
catalogue are there to aid identification of the property only. The plans are
not to scale.
property prior to the auction, or a range within which a sale prior to auction
may be achieved. it is not a valuation and, as such, should not be relied
upon by prospective purchasers who should obtain their own professional
advice on values. The guide Price may be amended prior to auction.
is a confidential figure agreed between the auctioneer and the seller prior
to auction, and is a figure below which the auctioneer cannot sell the
property.
the auction for any reason you may care to make use of our special
arrangements for bidding by proxy or by telephone. Please see the bidding
form and conditions at the end of this catalogue.
may be accepted by the seller before the auction. it is therefore important
that you register your interest in any particular property. we are obliged by
law to inform the sellers of any offers made prior to the auction.
auction. neither the auctioneers nor the seller will be liable for any
claim for compensation from a prospective buyer arising out of a sale or
withdrawal of a property prior to auction.
that you are interested in is still on offer. at the same time you may ask for
any modifications that there may be to the information in the catalogue.
This information will be available on the day of the auction as a Catalogue
supplement.
to get to the auctions, which start promptly. important announcements are
made at the start of the auction which could relate to the property you
are interested in. legal packages for all the properties are available for
inspection prior to the auction and it is important that you inspect these. we
sell approximately 2535 lots per hour but you should not rely on these
figures for calculating the time when your lot is due, because many lots
may be sold prior to the auction or withdrawn. it is best to be there at the
start.
laundering regulations, we ask all prospective purchasers to provide proof
of identity at registration which takes place immediately prior to the auction.
Please bring to the auction your passport and either a Uk driving licence, a
current public utility bill, a bank statement or a local authority tax bill.
number of the solicitors who will be acting for you to see you through from
exchange of contracts to completion.
settling desk to sign the memorandum of sale in duplicate. at that time you
will be asked to provide a deposit. This will be 10% of the purchase price
or a minimum of £2,000 (i.e. properties sold for less than £20,000 will have
to accord with individual vendor's requirements. Check with the auctioneers
before you come to the auction as to the deposit required regarding the
property of your choice. deposits can only be paid by a Bankers draft,
Building society Cheque, Company Cheque or Personal Cheque. Cash will
not be accepted.
of contracts, buyers will be required to pay an administration charge of
£800 (inclusive of VaT) paid by cheque. a full VaT receipt will be issued at
the auction or the day after exchange of contracts with pre or post-auction
sales.
will be asked to sign two copies, one will be given to you, together with
a copy of the legal pack, which you must then take to your solicitors. The
second copy and deposit are retained for the seller's solicitors. Completion
will usually take place in 20 working days, but this date can vary depending
upon the seller's requirements.
auction Conditions of sale printed towards the end of this catalogue. There
may be several sets of these conditions, or other general conditions may
apply instead, and you should take care which set applies to the property
you are interested in by checking them in the legal Pack.
require amendment or alteration and this information is contained in an
addendum which will be available at the auction, and which will be referred
to by the auctioneer prior to the commencement of the auction. Purchasers
will buy on the understanding that they are fully aware of the information
contained in the addendum.
auction, you may talk with the staff at the auction and make an offer. This
will be put to the seller for his decision and, if you are successful, you will
be asked to complete the memorandum and pay the required deposit.
may pass this information on to other organisations which are part of,
or connected with, the Countrywide Group. If you wish to withdraw your
consent to this at any time, you can do so by writing to the auctioneers
at 8086 New London Road, Chelmsford, Essex, CM2 0PD.
Essex Cm1 1hP and is registered in England with Company number 01506831.