Address: Land adjoining Smugglers Cottage, West Sussex, RH10 3EF
The auction fees are received on a non-refundable basis therefore due consideration should be given by the purchaser to your ability to raise any mortgage or loan that you require to finance your purchase. We also advise you to consider undertaking any survey, structural survey or professional valuation on your behalf before paying the auction fees which are non-refundable. In the event of the purchaser withdrawing for any reason whatsoever from the sale, including defects in the title or issues raised by survey or searches the auction fees of £5,000 +VAT (at the prevailing rate) will be forfeited. In the event of the vendor withdrawing, the auction fees will be refunded to the purchaser in full. This is a legal document and you are strongly advised to seek independent legal advice before signing. Connect UK Auctions presume that you understand the risks associated with property transactions and that you have the requisite knowledge and understanding of the property market.
This acknowledgement confirms receipt from the buyer(s) named below, of an Auction Fee of £5,000 +VAT (at the prevailing rate) calculated against the final negotiated purchase price of the Subject property.
NB: The auction fee is not considered as part payment of the final negotiated selling price and is non-refundable:
Timescale of Transaction: The purchaser undertakes to formally complete contracts on or before 28 or 42 days from the signing of this acknowledgement. Failure to complete the transaction within this timescale will result in an immediate forfeiture of the auction fees.
The buyer(s) declare that the information and conditions contained in this document are understood and accepted. By signing this document you are confirming that you have read and understood the legal pack provided for this lot(s).
N.B Only once this form has been completed and signed, will your offer be put forward to our client. Please only sign the above if you have read and fully understand this agreement.
CHARITIES WE SUPPORT
At the end of each financial year we give a portion of our annual profit to a nominated charity. Please visit https://connectukauctions.co.uk/charity for a list of charities we support and donate to.
Head Office: Richmond House, 105 High Street, Crawley, West Sussex, RH10 1DD
Phone: 0800 448 0100
Email: [email protected]
Connect UK Sales Ltd (trading as Connect UK Auctions)
Company Registration 11808965