Remote bidding auction
If you wish to bid at our next auction on 9th February you will need to pre-register and submit your debit card details (held securely with SagePay). Registration will close at 12noon on Tuesday 8th February and you must register for each auction.
Due to the Covid-19 pandemic, our auctions will be live-streamed via our website with remote bidding by proxy, telephone or internet (you will not be able to attend the auction in person). You will need to pre-register for each auction by completing our online registration process, provide your identification and securely register your debit card details with SagePay no later than 24 hours prior to the start of the auction.
SagePay will authenticate and securely store your card details, but NO payment will be taken unless you are a successful purchaser. In the event that you make a purchase we will automatically take a payment from your registered card. You must therefore ensure you have sufficient funds in your bank account for the 10% deposit, subject to a minimum of £5,000 plus the administration fee of £1,440 inc Vat. There is a maximum amount we can automatically take from your card and you must be available by telephone on the auction day to make a top-up payment if required. If you do not register your card details with SagePay prior to the auction, you may not be able to bid.
Please note, the button to register your details within SagePay will say ‘pay’, unfortunately we have no control over changing this but we can assure you that NO payment will be taken unless you are a successful bidder. If you would like to discuss this further, please call us on 0121 312 1212.
If you are bidding on behalf of a company and don’t have a debit card, you can alternatively transfer your funds to our client account in advance of the auction. If you are bidding from overseas you must transfer your funds in advance. Please contact us to discuss your circumstances and we will explain the process further.
Please note you will require the following documents in order to proceed:
- Buying in your sole name – 2 forms of identification, your national insurance number and your debit card details.
- Buying in joint names – 2 forms of identification, your national insurance number for each party/parties and your debit card details.
- Bidding on behalf of someone else – a signed letter of authority, 2 forms of identification, your national insurance number for yourself and the purchaser(s) and your debit card details.
- Funds being provided by a 3rd party (such as a relative i.e. not including a bank or financial institution) – 2 forms of identification for each party and their national insurance number.
- Bidding on behalf of a company and you own more than 50.1% share – certificate of incorporation, company registration number, 2 forms of identification for yourself, your national insurance number and your debit card details.
- Bidding on behalf of a company and you own less than 50% share – certificate of incorporation, company registration number, personal details for all directors, 2 forms of identification and national insurance number for yourself and each director and your debit card details.
- Buying and you are a non-UK resident – 2 forms of identification and your passport or national insurance number and details of your UK Solicitor (who must email us prior to the auction at email@example.com to confirm that they have been instructed to act on your behalf). You will also be required to transfer your deposit (10% of your maximum bid subject to a minimum of £5,000) and the administration fee of £1,440 (inc. Vat) to our client account in cleared funds in advance of the auction (this will be refunded if you are unsuccessful which can take up to 10 working days).
Please do not proceed unless you have ALL the necessary information to hand as you will NOT be able to complete your application.
It is your responsibility to ensure you have completed all of your pre-auction checks which should include viewing the property, reading the legal pack (which can include costs in addition to the purchase price), checking the addendum for any changes to the catalogue, reading the important information, common auction conditions and remote bidding terms and conditions as well as arranging a survey and your finances (if applicable).
Please note that Bond Wolfe Auctions cannot be held responsible for internet/connection/communications problems which stop you from being able to bid for any of our auction properties.