Buyers Terms and Conditions -The Buyer

1. The highest bidder acceptable to the auctioneer shall be the buyer. The auctioneer shall have absolute discretion to settle any disputes which arise and to refuse bids of to advice the bidding as seen fit.


2. When the lot is sold the buyer shall pay the auctioneer in full the hammer price (plus V.A.T if payable), together with a premium of  20% of the hammer price within two working days of the sale.


3. Buyers shall provide the auctioneers with names and addresses and if requested bank and other references.


4. The ownership of a lot shall not pass to the buyer and the buyer shall not be entitled to remove any lot until he has made full payment to the auctioneer of the total amount due. Payment shall be deemed to have been made only after the auctioneer has received cash of sterling bankers draft or the buyer’s cheque has been cleared.


5. All lots must be removed at the buyer’s risk and expense within 3 days of sale after which time furniture and other large items will be removed into storage.


6. Should a buyer breach either of conditions 2 and 6 the auctioneer at his absolute discretion and without prejudice to any other rights he may have, may exercise any of the following rights:


a) Rescind the sale or any lots to the buyer;
b) Re-sell all or any lots by public auction or private treaty and any deficiencies in the purchase price resulting from such sale together with full costs incurred in connection with the lots or lots shall be paid to the auctioneer by the buyer. Any surplus over the proceeds or sale shall go to the seller:
c) Remove, store and insure (on any premises) the lot or lots at the expense of the buyer; at a cost £5 per item, per week.
d) Reject any bids made by or on behalf of the buyer at any future auction, or obtain part payment before accepting any future bids;
e) Apply any proceeds.


7.
(a) Items sold are normally of some age and are sold with any faults, imperfections and errors of descriptions.

(b) The auctioneer does not accept responsibility for the authenticity, attribution, origin, date, authorship or estimate price of any lot and any representation or settlement by the auctioneer in any catalogue, brochure, or advertisement only. Every person interested should exercise and rely on his own judgement as to such matters and neither the auctioneer nor his employees or agents accept any responsibility for the correctness of such opinion. No warranty whatsoever is given by the auctioneer or the seller is respect of any lot and any warranties of conditions whether expressed or implied by statue common law or otherwise are hereby excluded.