Barnett Ross Auctioneers and Chartered Surveyors in London

Conduct of the Auction

Notice to Bidders

1. Please note the General Conditions of Sale (click here to download the General Conditions of Sale) which are included with this catalogue and the Special Conditions of Sale which are available on request. An Addendum will be made available on the Auction Day and the bidder should check whether the lot in which he/she is interested in bidding for is included.
2. Prospective purchasers are assumed to have inspected the properties in which they are interested and to have made all usual pre-contract searches and enquiries.
3. The successful Bidder is Bound under Contract as soon as the Auctioneer's gavel falls on his/her final bid. Immediately thereafter the successful Bidder will be handed a Form to fill out supplying details of his/her name and address together with (if different) the name and address of the purchaser and those of his/her solicitors. He/she should also then supply a cheque for the deposit, which we will hold at our office. The bidder will be given our bank account details and must arrange to transfer the deposit monies to our client bank account the following day by way of a ‘same day telegraphic transfer'. Once these funds are received we will return the bidder's cheque by post.
4. The information from the Form will be used to complete a memorandum of contract similar to the one at the back of this catalogue which the purchaser must sign and hand to the Auctioneer's staff prior to leaving the room.
5. If the Purchaser's memorandum of contract is not signed, the Auctioneers, or any person authorised by them, will sign the memorandum of contract on behalf of the Bidder/Purchaser.
6. The Auctioneers endeavour to have copies of title documents, leases, licences etc. and a local search available for inspection at their offices and in the auction room. It is recommended that anyone wishing to inspect such documents should telephone first to ensure that the required documents are available.
7. If any Bidders are intending to come to the Auction for a specific lot they are advised to check with the Auctioneers on the morning of the sale to ensure that the particular lot will be offered at the Auction. The Auctioneers will endeavour to avoid last-minute sales but on rare occasions the situation may be out of their control.
8. Some plans or extracts from plans in this catalogue are based upon the Ordnance Survey Map with the sanction of the Controller of H.M. Stationery Office Crown Copyright reserved.
9. Where guide prices are printed they are not intended to be an indication of the reserve price. They are simply intended to be the Auctioneer's opinion at the time of printing the catalogue of the approximate range of the likely sale price. However, auction prices are impossible to predict accurately and the eventual price will in some cases be higher or lower than the guide indicated.
10. If a Bidder cannot attend the Auction and wishes to make a telephone or proxy bid, then arrangements should be made on a form available from the Auctioneers prior to the sale.
11. The purchaser is usually responsible for insurance on the property as and from exchange of contracts. We are usually aware of the existing cover and can often arrange cover immediately on the day at attractive rates.
12. All bidders are required to read the Special Conditions of Sale and/or Addendum which may refer to additional charges payable by purchasers.
13. Where there is a disclosure under the Estate Agents Act 1979 this will be contained in the Special Conditions of Sale.
14. The Buyer or Bidder will be liable to pay Barnett Ross a non-refundable Administration Fee of £275 (including VAT) unless otherwise stated on the Particulars of Sale. This fee will be payable on exchange of contracts.
15. PROOF OF IDENTIFICATION - The purchaser and/or bidder is to provide original documentation to confirm proof of name and address. Click here for Acceptable Documentation.