Proxy & Telephone Bidding

Terms and Conditions

Wherever possible it is always best to attend an auction yourself to bid. However, where that is not possible, then you may still be able to bid for a property if you provide a proxy bid or bid by telephone.

1. Whether you are bidding by proxy or by telephone you will need to provide a deposit cheque for the minimum amount specified in the special conditions of sale for the property that you intend bidding on, or alternatively for 10% of your intended maximum purchase price. You can leave a cheque made out for an unspecified sum which we will complete as your agents. All deposit cheques should be made out to John Francis which we shall hold as stakeholders pending completion.

2. A proxy bidder is where a bidder appoints the auctioneer as agent and authorises the auctioneer to bid for the relevant lot on behalf of the buyer in such a manner as the auctioneer thinks fit and at his absolute discretion.

3. Proxy and telephone bidders shall be considered to have inspected the property, seen all conditions of sale and notices relating to the lot and have full knowledge of changes even where late alterations are made that remote bidders cannot possibly have seen.

4. Proxy and telephone bidders should provide a cheque for the deposit made out to us as agents (See section 1 above). With your proxy bidding form and cheque should also be evidence of proof of funds which could form a bankers reference or copy of a statement or investment account.

5. Proxy and telephone bidders will also need to provide a cheque made out to John Francis in the sum of £150 plus VAT (£176.25) representing the buyers premium.

6. Proxy and telephone bidders may, in writing only, at any time up to the commencement of the auction in which the particular lot is to be sold withdraw the auctioneer’s authority to bid. It is the prospective buyers responsibility to ensure that the auctioneer personally receives such instructions and you should check and ensure that such instructions have been received.

7. Unless the relevant lot is sold to the prospective proxy/telephone bidder, the amount of the prospective buyers bid will not be disclosed to the seller or any other person before, during or after the sale without the consent of the proxy/telephone buyer.

8. It should be noted that the auctioneer reserves the right to bid for the seller up to the reserve price for a particular lot.

9. Other than the buyers premium, which is applicable to all buyers at auction, the auctioneer will make no other charge to the buyer for the service of dealing with remote bids. The auctioneer will not accept liability whatsoever for any bid not being made on behalf of a prospective buyer whether it is through a lack of clarity of instructions or for any other reason whatsoever.

10. Telephone bidders will be contacted half an hour before the auction’s commencement to ensure a good signal is received and prospective purchasers will need to be available by that telephone up to an hour after the time that the auction is advertised to commence. It is the buyers responsibility to ensure that they are located in a place where a sufficiently strong clear signal will be available at the time of the auction when mobile phones are being used.

CLICK HERE - To open and print our Proxy Bidding Form

CLICK HERE - To open and print our Proxy Telephone Bidding Form