Our Clients have agreed that only pre-Auction offers of a reasonable level in relation to the Guide Price figure will be submitted for their consideration. Offers must be in writing and will be considered under the assumption that the property has been viewed, the legal documentation inspected and any relevant searches or surveys have already been carried out.
Pre-Auction offers will be on the basis of an immediate exchange of Auction Contracts upon acceptance by the Seller with the Buyer providing the full 10% deposit and Administration Fee, and having the ability to complete within 28 days of exchange. We will only contact you prior to auction in the event that the owner has accepted your offer. Any offer will be assumed to be your best and final offer and we cannot guarantee that you will be invited to increase your bid in the event of an alternative satisfactory offer being received prior to exchange. Not all vendors will accept offers prior to auction, however in the event that a property does not sell on the day of the auction we will contact any party that has submitted a pre-auction offer, beginning with the highest received prior to auction. Again we will assume that any offer is your best and final offer.
Offers can be sent via email to [email protected] or by post to Venmore Auctions, 8-10 Allerton Road, Liverpool L18 1LN.
We advise that potential purchasers to check www.venmoreauctions.co.uk on the day of the auction to establish if the lot(s) they are interested are still available as properties can be sold or withdrawn right up until the start of the auction.
We strongly recommend that all potential purchasers check that they have read and understood all the legal documents and terms and conditions for each lot they are interested in.
Upon the fall of the electronic gavel, a binding contract is made between the Seller and Buyer. The successful bidder will be contacted by a member of staff to finalise the purchases and pay the 10% deposit and non-refundable buyers fee of 1% + VAT (1.2% incl of VAT) subject to a minimum of £1,800 + VAT (£2,160 incl of VAT). Completion is usually 28 days thereafter unless varied in the special conditions.