Auction Guidelines
- Always view goods or property you are interested in before the auction
- Check the conditions of sale.
- Enquire about outstanding rates and taxes levies etc.
- Make sure you have cash or a bank guaranteed cheque to cover the deposit and commission.
- Establish whether the sale is subject to vat or transfer duty – only one of these is payable.
- To prevent paying for additional transfers make sure you have decided before the auction in whose name the transfer should take place.
- When in doubt about something, contact the auctioneer or trustees/sellers for clarification.
- Make a note of the date for confirmation, if any. If unsure check with the auctioneer.
- Decide on your bidding figure.
- Remember with property to include relevant transfer costs and duties when calculating what its likely to cost you in the end.