Our Summary

• Property DetailsAuction Method:The auction for this property will be conducted online through our online-bidding platform
• This is a “Timed Auction”, so there are no other lots being sold alongside this property
• The timeslot for the auction is displayed on SDL Auctions’ website
• The time remaining to bid and end date of the auction is displayed on the page
• Auction type- Unconditional with Variable FeeIf you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end
• Auction FeesThe following non-refundable fees apply:•Buyer’s Fee- payable on exchange of contracts
• Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer
• 8% of guide price•Deposit of £7,500- 5% of the guide priceAs the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:•£960 for Buyer’s Fee shortfall (£8160 due as 4
• Follow this link, you will then be directed to create an account with Auction Passport to view the documents
• The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack