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Auction Procedure Everything you need to know about buying properties at auction

Bidding by Telephone or Proxy Everything you need to know about buying properties at auction

Conditions of Sale Applicable to all lots at auction with some exceptions

Click here to jump to the telephone/proxy bidding contact form.

Terms & Conditions for Bidding by Telephone or by Proxy

1. A prospective buyer wishing to make a telephone bid (a “Bidder”) must complete, sign and date the form within this catalogue. Separate forms must be completed for each lot on which a bid is to be placed.
2. The form must be delivered to Dafydd Hardy Estate Agents Limited at least 24 hours prior to the start of the Auction together with the appropriate payment as mentioned below.
3. Forms must be accompanied by a deposit payment of 10% of the Bidder’s maximum bid. The deposit payment shall be made by bankers draft. Cheques can only be accepted if provided to the Auctioneers in suffi cient time for them to clear through the banking system prior to the Auction.
4. In the case of a proxy bid the Bidder hereby authorises the Auctioneers or their staff to bid on their behalf as their agent up to the maximum amount of the authorised bid the whole of the Bidder’s deposit will be used as deposit towards the purchase price. If the Bidder is unsuccessful the full amount of the Bidder’s deposit will be refunded to the Bidder promptly after the Auction (without interest).
5. In the case of a telephone bid a member of the Auctioneers’ staff will attempt to contact the Bidder by telephone before the lot in question is offered for sale. If contact is made the Bidder may compete in the bidding through the Auctioneers’ staff. However if telephone contact cannot be made or the connection is lost the Bidder hereby authorises the Auctioneers and their staff to bid on their behalf up to the maximum authorised bid for the lot in question. If the Bidder is successful at a price which is less than the guide price the whole of the Bidder’s deposit will be used as a deposit towards the purchase price. If the Bidder is unsuccessful the full amount of the Bidder’s deposit will be refunded to the Bidder promptly after the Auction (without interest).
6. If the Bidder is successful the Bidder hereby authorises the Auctioneers to sign the Memorandum of Agreement on their behalf.
7. If the Bidder wishes to withdraw or alter his instructions or to attend the Auction to bid it is their responsibility to notify the Auctioneers in writing before the Auction and also to notify the auctioneer in charge of the Auction before the lot in question is offered for sale.
8. The Auctioneers shall not be liable for any failure to bid due to inadequate or unclear instructions being received or for any other reason. The Auctioneers have absolute discretion as to whether or not and in what manner to bid.
9. The Bidder is deemed to have full knowledge of the General and Special Conditions of Sale and the Notice to All Prospective Buyers herein. The Bidder is also deemed to have full knowledge of any addendum produced by the Auctioneers at or prior to the Auction. The Bidder is therefore advised to check whether any relevant addendum has or will be produced but the Auctioneers will not be liable to the Bidder if he fails to so check.

Request Form for Bidders by Telephone or Proxy