This property is for sale by the Modern Method of Auction. Should you view, offer a bid on the property, your information will be shared with the auctioneer, I am Sold.
This method of auction requires both parties to complete the transaction in 56 days of the draft contract for sale being received by the buyers solicitor. The additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The reservation fee is paid in addition to to purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. Buyers will be required to go through an identification verification process with I am Sold and provide proof of how the property will be funded.
This property has a Buyer Information Pack which is i collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions can be found in this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack where it has been provide by I Am Sold.
The property is subject to an undisclosed Reserve Price with both the reserve price and the bidding price subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of a third party to you. Whilst these services are recommended and it is they would be of benefit you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer and Partner Agent may receive a payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
These particulars are only a general outline for the guidance of intending purchasers or lessees and do not constitute in whole or in part an offer or a Contract.
Reasonable endeavors have been made to ensure that the information given in these particulars is materially correct, but any intending purchaser or lessee should satisfy them self by inspection, searches, enquirers, and survey as to the correctness of each statement. Some fixtures and fittings may be purchased with the property but may be subject to separate negotiations.
All statements in these particulars are made without responsibility on the part of The Hive Estate Agents or the vendor or lessor.
No statement in these particulars is to be relied upon as a statement or representation of fact.
Neither the Hive Estate Agents nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property.
Nothing in these particulars shall be deemed to be a statement that the property is in good repair or condition or otherwise nor that any services or facilities are in good working order.
Photographs may show only certain parts and aspects of the property at the time when the photographs were taken and you should rely on actual inspection.
No assumption should be made in respect of parts of the property not shown in photographs.
Any areas, measurements or distances are only approximate.
Any reference to alterations or use is not intended to be a statement that any necessary planning, building regulation, listed building or any other consent has been obtained.