What to Bring?
Deposits and administration fees can be paid by immediate bank transfer, debit card, bankers draft, building society cheque or personal cheque. Sorry, we are unable to accept cash or credit card payments.
We will need your solicitor details as soon as the hammer falls. If you need help, we can recommend one prior to the auction start.
Goldings Auctions operates a best practice operation and we strictly comply with the Money Laundering Regulations 2007.
When bidding in person, please supply two forms of identification:
- Photo ID Passport
- Driving Licence
- Proof of residency
- Bank statement
- Utility or Council Tax bill
NB. If you are bidding as a third party for a private individual or company, download “A Guide to Third Party Bidding” from our website.
What if I can’t make it?
Proxy or telephone bidding
We recognise that it is not always possible to bid in person.
To assist, we offer a proxy or telephone bidding service, which requires registration and usually takes approximately one week to coordinate – forms are on our website “downloads” page.
Third party bidding
Another person can bid on your behalf. This requires authorisation from the actual buyer and formal proof of ID. Forms for registration are found in our website “downloads” section.
Bidding is easy
Please get to the venue early – our auctions start promptly. There is no need to register to bid for a Lot unless we advise via our website. We strongly recommend you attend the sale and bid in person.
Our Auctioneer will introduce each Lot and refer to any changes. Bids are invited and will rise in increments set by the Auctioneer. Make your bid by clearly raising your hand.
Pre-auction bids must be made via Goldings Auctions NOT
the Vendors’ Solicitors. These are likely to still be subject to competitive bidding, as where possible, buyers who have registered for Legal Packs will be given an opportunity to bid.
NB. Vendors are unlikely to consider pre-auction bids prior to the completion of the full marketing and/or viewing process.
Going once…going twice…SOLD
All Lots are offered for sale subject to an undisclosed reserve price. Please do your research – if you have any doubts, don’t bid! Property will be ‘knocked down’ to the highest bidder – it’s yours!
In readiness for preparing your contract:
Successful bidders will be asked to fill out a buyers’ form; we just need your name, address, contact and solicitor details. We will also take your 2 forms of ID.
When the hammer falls
As the highest bidder at/above reserve price, if the hammer falls to you:
- You have bought that property unconditionally
- A legal and binding contract is created
- You are legally committed
- Contracts will immediately be exchanged
In some instances, your new property is at your immediate insurable risk. This can be confirmed via the “Special Conditions of Sale” document contained within the Legal Pack. Where appropriate, we advise that you take out buildings insurance cover, which can be done immediately after the sale.