ORDER OF SALE CONDITIONS PRINT Property auction catalogue The Best Western Moat House Hotel, Stoke-on-Trent, Staffordshire ST1 5BQ To start at 6.30pm Monday 12 June 2017 www.buttersjohnbee.com ORDER OF SALE CONDITIONS PRINT Property auctions 2017 The Moat House Hotel, Stoke-on-Trent, ST1 5BQ 2017 Auction Dates Closing Date For Entries 23 January 8 December 27 February 19 January 3 April 17 February 8 May 24 March 12 June 28 April 17 July 2 June 21 August 7 July 25 September 11 August 30 October 15 September 4 December 20 October All auctions start at 6.30pm Freehold & Leasehold Lots offered in conjunction with... 2 View property auction results at www.buttersjohnbee.com ORDER OF SALE CONDITIONS PRINT The Region’s Number 1 property auctioneer Meet the team at butters john bee auctions. We also have over 25 expert valuers and John Hand Donna Fern Andy Townsend Auction Manager. Auction Negotiator Managing Director surveyors, who Lettings/Auction can advise on all aspects of selling your property at auction. Peter Sawyer Rob Oulton Tom Wilde Auctioneer Auctioneer Auctioneer Welcome Sales have been strong so far in 2017, and Sandbach, Cheshire, this should continue as we fast approach of a garage forecourt the summer with another 83 properties complete with separate for offer in our June sale. From across living accommodation, the region and catering for every budget, and several building plots we have properties starting with a guide starting at just £5,000. prices as little as £35,000 for a two-bed terrace in Tunstall, Stoke-on-Trent, to a If you are unable to attend the sale, then stunning detached Cottage in Hill Chorlton, you can take advantage of our free online Staffordshire with a guide of £300,000 Internet bidding service. Just register your details with us prior, and you can In this month’s sale, we bring you: bid for the Lots you are interested in five adjacent new build properties in from wherever you are on the night, from Longton, Stoke-on-Trent – they have home, work or even abroad. Contact us at only just been finished off and are ready [email protected] for more details, or to move in. A business opportunity in call 0800 090 2200. * Guide/reserve price definitions can be found on page 6 3 ORDER OF SALE CONDITIONS PRINT Proof of identity and address All successful bidders must provide proof of identity and address to the Auctioneers immediately after the fall of the hammer. Original documents MUST be provided. Photocopies are NOT acceptable. IDENTITY DOCUMENT EVIDENCE OF ADDRESS Current signed passport Current full UK Driving Licence (old style)* (a provisional licence will not be accepted) Current full UK/EU Photo Card Driving Licence* A utility bill issued within the last three months (not a mobile phone bill) Current full UK Driving Licence (old style)* (a provisional licence will not be accepted) Local Authority tax bill (valid for the current year) Resident Permit issued by the Home Office to EU Nationals Bank, Building Society or Credit Union statement containing a current address Inland Revenue Tax Notification The most original mortgage statement Firearms Certificate from a UK lender *These documents may be used as an identity document or evidence of address but NOT both. If the buyer’s details are different from the successful bidder’s, then the buyer will also be required to submit their details as above. If the successful bidder is buying on behalf of a company we also require a letter from that company on their letterhead authorising the bidder to bid on their behalf, the bidder will still be required to produce their details as above. Please note an administration fee of £625 plus VAT will be payable by the purchaser on each lot purchased whether sold prior, at the auction or post auction. Cheques made payable to Butters John Bee. Payment by debit card and credit card is also acceptable (2.5% admin charge on credit card). Deposits must be paid by bankers draft, personal/ business cheque or debit card. We cannot accept deposit payments by cash or credit card. 4 View property auction results at www.buttersjohnbee.com ORDER OF SALE CONDITIONS PRINT Property auction buyer’s guide Buying at auction is becoming far more popular with the public, many of whom have never previously attended a property auction. We have drawn up some basic guidelines to ensure that clients maximise their opportunity to take advantage of such a wide variety of properties available at one venue. Think ahead, hold Leave time to get a valuation done if regular auction sales with a catalogue required. Your mortgage finance may be printed some weeks in advance. Either reliant upon the results, not to mention buy a catalogue from one of our offices or your peace of mind. download one FREE of charge from our Organise your deposit before the auction. website www.buttersjohnbee.com We ask for 10% deposit (Subject to a Read the catalogue carefully. Each of minimum of £1000) once the property is our properties carries a brief description. knocked down to you, payable on signing Read our details thoroughly and identify contracts on the day of the auction. Your the properties you are interested in. bank or building society should be made aware of this. The balance of the monies Take a look at the property you are will normally be due within 20 working interested in. Contact the office listed for days of the sale. In addition you have to viewing arrangements or see the relevant pay to the auctioneer an administration viewing schedule. fee of £625 plus VAT if you purchase Take legal advice. Purchasing a property at the auction, prior to the auction or at auction is a firm commitment that post auction. Cheques made payable carries the same legal implications as to butters john bee. Deposits must be a signed contract by private treaty. In paid by bankers draft, personal/business most cases we have copies of legal cheque or debit card. documents in our possession, or your Make sure the Auctioneer has your bid, by solicitor may wish to contact the vendor’s clearly indicating with catalogue or hand. solicitor, these legal packs can often be downloaded from our website. Make sure you bring with you proof of identity and evidence of your address. Read the general conditions of sale at the This can include a current full UK driving rear of the catalogue. licence, current signed passport plus a Get a copy of the addendum. These recent utility bill, bank or building society are available online and contain any late statement. A list of acceptable documents amendments, information or alterations. can be provided. Original documents MUST be provided, photocopies are NOT Plan ahead if you require mortgage acceptable. assistance. Note that prospective purchasers should have the necessary Check that the properties included in the mortgage advice well in advance of future catalogue will be offered on the day of the auctions. sale. Some may be withdrawn, and some may be sold prior to auction. * Guide/reserve price definitions can be found on page 6 5 ORDER OF SALE CONDITIONS PRINT Keep calm. Our Auctioneers understand Guide Price: An indication of the seller’s the pressure that first time auction buyers current minimum acceptable price at can experience in the sale room, and will auction. The guide price or range of be as helpful as possible. guide prices is given to assist consumers in deciding whether or not to pursue a Arrive in plenty of time. It is useful to purchase. It is usual, but not always the get some knowledge of how sales are case, that a provisional reserve range conducted by seeing other lots being is agreed between the seller and the sold. auctioneer at the start of marketing. As If the lot you’re bidding for fails to make the reserve is not fixed at this stage and its reserve it may be that the vendor will can be adjusted by the seller at any time decide to accept your bid later so make up to the day of the auction in the light sure you leave your details with us. of interest shown during the marketing period, a guide price is issued. This Be ready to sign immediately when the guide price can be shown in the form of hammer falls. We shall have a copy of the a minimum and maximum price range contract available soon after the hammer within which an acceptable sale price falls. (reserve) would fall, or as a single price Be positive, with the right forward figure within 10% of which the minimum planning and research you will find an acceptable price (reserve) would fall. A auction a speedy and simple way of guide price is different to a reserve price buying a property. (see separate definition). Both the guide price and the reserve price can be subject This catalogue contains details about to change up to and including the day of properties being sold at auction. Those the auction. details are subject to change up to Reserve Price: the seller’s minimum and including the day of the auction. acceptable price at auction and the figure Please check our website regularly at below which the auctioneer cannot sell. buttersjohnbee.com and look out for any The reserve price is not disclosed and additional materials available on the day of remains confidential between the seller the auction, in order to stay fully informed and the auctioneer. Both the guide price with the up to date information.