4 Bed Detached House, Cash/Bridging Only, Saint Austell, PL26 6UR £350,000

Auction Notes - advice and information given in these important
notes. IMPORTANT NOTICE - Symonds & Sampson LLP and their
Clients give notice that:
1. They have no authority to make or give any representations or
warranties in relation to the property. The particulars do not form part
of any offer or contract and must not be relied upon as statements or
representations of fact.
2. Any areas, measurements, or distances are approximate. The text,
photographs and plans are for guidance only and are not necessarily
comprehensive. It should not be assumed that the properties have all
necessary Planning, Building Regulation or other consents, and
Symonds & Sampson LLP have not tested any services, equipment or
facilities. Purchasers must satisfy themselves by inspection or
otherwise.
3. This catalogue contains details about properties being sold at
auction. The vendors reserve the right to sell their properties prior to
auction and these details can be subject to change up to and including
the day of the auction. Please check our website regularly at:
and look out for any additional
materials available on the day of the auction, in order to ensure you have
all the up to date information.
Plans and Measurements - All room sizes, site measurements and
distances are approximate and may have been scaled from architects,
Land Registry or Ordnance Survey plans. They are there to assist buyers
in identifying the lots offered and not guaranteed to be to scale or to
indicate the full extent of the property being offered. Buyers are
advised to view the Special Conditions and full legal documentation in
respect of the precise interest to be sold.
Each lot will be sold in accordance with the title documentation as the
location plans shown in the catalogue are for identification purposes
only. Interested applicants should make their own site inspections and
investigations with regard to the accuracy of all measurements given in
the catalogue.
VAT - Prospective buyers should satisfy themselves as to whether VAT
is chargeable on the price prior to the auction from the seller’s
solicitors.
Tenure - Freehold and vacant possession will be given on completion
unless otherwise stated.
The Guide Price is an indication of the seller’s current minimum
acceptable price at auction. It is given to assist consumers in deciding
whether or not to pursue a purchase.
It is usual, but not always the case that a provisional reserve range is
agreed between the seller and the auctioneer at the start of marketing.
As the reserve is not fixed at this stage and can be adjusted by the seller
at any time up to the day of the auction in the light of interest shown
during the marketing period, a guide price is issued.
A guide price is different to a reserve price (see below). Both the guide
price and the reserve price can be subject to change up to and including
the day of the auction.
The Reserve Price is the seller’s minimum acceptable price at auction
and the figure below which the auctioneer cannot sell. The reserve price
is not disclosed and remains confidential between the seller and the
auctioneer. Both the guide price and the reserve price can be subject to
change up to and including the day of the auction. The ‘Reserve Price’
may exceed the ‘Guide Price’ listed. If so, it is customary for the ‘Reserve
Price’ to exceed the guide price by no more than 10%.
Purchaser's Administration Fee
The successful purchaser will be required to pay to the Auctioneers a
Purchaser's Administration Fee of £1,500 (including VAT) payable to
Symonds & Sampson. For purchases of £50,000 or less the
Administration fee will be £900 (£750 plus VAT). If two or more lots are
offered together in the first instance, or lots are purchased under one
contract, the administration fee will apply per lot and not per contract.
The charge will apply to lots bought prior to and post auction. In the
event of non-payment or underpayment a deduction will be made from
the deposit received. A VAT receipt will be issued in the name of the
buyer.
Disbursements
Please see the legal pack for any disbursements listed that may become
payable by the purchaser on completion.
Viewings
Should you wish to inspect a lot please arrange for an appointment with
the Auctioneers. Prospective buyers view all lots entirely at their own
risk and neither the Auctioneers, or the Sellers take responsibility for
any damage or injury, however caused. It is advisable to wear appropriate
footwear and clothing as some buildings, particularly those for
refurbishment, may have uneven floors or missing floorboards. It may, in
some cases, be advisable to bring a torch as electricity is not serviceable
for safety reasons.
We do not guarantee to attend viewings where appointments have not
been confirmed.
Professional Advice - We strongly recommend that all prospective
buyers take independent legal and where appropriate other
professional advice.
Legal Documents - All legal documents supplied to us, including
Special Conditions of Sale, title details, leases, searches, planning
permissions and plans, will be available for inspection prior to the
auction. The legal documents can be downloaded from
symondsandsampson.co.uk/auctions/future-property-auctions at a cost
of £12–£24 including VAT.
Contract - The Contract will be subject to the Particulars, General and
Special Conditions of Sale, stipulations and notes which may be issued
before the sale.
Insurance - You may need to insure the property at the fall of the
hammer. Please check the legal pack or with the seller’s solicitor.
Identification - In compliance with Money Laundering Regulations all
successful bidders are required to provide verified photographic
identification and evidence of residency for all named buyers when
signing the Sale Memorandum.
Deposit
Deposits of 10% of the purchase price (or £2,000, whichever is the
greater) are payable on the fall of the hammer. Deposits can be paid by
cheque which, unless otherwise stated, should be made payable to the
Solicitor for the Seller or by debit card. Please ensure that you have
adequate funds in the appropriate account. Cash is not accepted. Please
be aware that you may be required to provide evidence of the source of
funds to the solicitor upon purchase.
Conditions of Sale
All Lots are sold subject to the Common Auction Conditions, the General
Conditions of Sale for Online Unconditional (Immediate Exchange)
Property Auction and all Legal Documentation.
Registration of Interest
Prospective buyers are strongly advised to register their interest in
specific lots. If you do this, we will make every reasonable effort to inform
you of any changes.
Withdrawals and Sales Prior
There is always the possibility of last minute withdrawals or sales prior.
Please ensure you have registered your interest and we will endeavor to
contact you if the lot is withdrawn or likely to be sold prior to the auction.
Registering to bid
Whether you wish to bid online, by telephone, by proxy or in the room,
please register online via the link on our website
or you can
complete the form at the back of this catalogue and send via email to
. You will be required to provide
copies of proof of identification and proof of address as part of the
registration process and will not be authorised to bid without these.
Telephone bidding
We have a limited number of telephone bidding facilities available on
most lots, but we must have completed paperwork at least 24 hours
before the auction day. We cannot guarantee that every request to bid by
telephone will be possible.
Proxy Bidding
We strongly recommend registering to bid online but when this is not
possible, you may make a proxy bid authorising the Auctioneer to bid on
your behalf up to a pre-set limit. This must be by prior arrangement at no
later than 24 hours prior to the auction. Bidding forms must be received
not less than 24 hours prior to the start of the auction to ensure that there
is time for the bid to be processed. We cannot guarantee to process
bidding forms which are received later than 24 hours before or on the
morning of the auction

Auction Terms And Conditions - 1. Intending purchasers must complete bidder registration via
Essential Information Group Auction Passport or fill in the
appropriate bidding form ensuring that all sections are completed.
Failure to complete any part of the appropriate form may render the
instructions ineffective or result in your registration not being
approved. Copies of all relevant bidder’s/purchaser’s identification
must be provided prior to the start of the auction. No responsibility
is taken by the auctioneers for unprocessed registrations received
later than 24 hours prior to the auction.
2. Maximum bids for proxy or telephone bidders must be for an
exact figure, rounded to the nearest £1,000, and any reference to a
bid to be calculated by reference to other bids will not be
acceptable. In the event of there being any confusion as to the
maximum bid, the auctioneer reserves the right to refuse a bid on
behalf of the prospective bidder.
3. All bidders registered via Auction Passport must authorise a
£10,000 security hold on a debit card as part of the registration.
Those submitting bidding forms will be required to provide card
details for security. If you are successful, the £10,000 hold will be
deducted from your account and put towards the 10% deposit. If
you are unsuccessful, the hold on your card will usually be removed
within 5 working days. When the 10% deposit is taken, you will also
be required to pay a Buyer’s Administration Fee of £1,500 (£1,250
+ VAT). In some cases, this figure may be higher and if so, will be
stated in the addendum. For lots with a purchase price below
£50,000, the Buyer’s Administration Fee will be £900
(£750+VAT). Payments can be made either by BACS or debit card
and must be made on the day of the auction. The Buyer's
Administration Fee is payable on all lots sold at auction, prior to the
auction. or post-auction. If the successful bidder fails to provide the
required deposit and buyers administration charge, then Symonds
& Sampson LLP and/or their seller reserves its rights to pursue the
winning bidder via all legal means necessary for the deposit and the
buyer’s administration charge and any associated losses and
interest as applicable.
4. The auctioneer, in accepting remote bids, acts as agent for the
prospective bidder/purchaser who shall be considered to have
authorised the auctioneer on the basis of all relevant conditions of
sale and any amendments to the auction particulars. In the event of
the prospective purchaser’s bid being successful, the auctioneer or
any duly authorised partner or employee of Symonds & Sampson
LLP is authorised by the bidder and purchaser to sign any
Memorandum of Sale or Sale Contract relating to the property
concerned incorporating any addendum.
5. The auctioneer accepts no liability for any bid not being made on
behalf of the prospective purchaser and reserves the right to bid
himself or through an agent up to the reserve price for the particular
property concerned.
6. In the event that: (a) two or more parties consider for whatever
reason that they are the highest bidder; (b) there is a dispute as to
which bidder is the highest bidder; (c) there is any other dispute as
between any bidders and/or as between the auctioneer and any
bidders; or (d) the auctioneer considers that there is a disputed bid;
the auctioneer at their sole discretion have the right to declare a
"Bidding Dispute" at any time during the auction. In the event of a
bidding dispute, the auctioneer reserves the right to re-offer the lot
on the terms they consider to be reasonable. The auctioneer shall
accept no liability whatsoever if the underbidder is unable to
make an increased bid. The auctioneer's decision on the conduct and
outcome of the auction is final.
7. In the event that another bidder makes a bid equal to the
maximum bid the remote bidder is prepared to make, the
auctioneer reserves the right to accept either bid at their own
discretion. The auctioneer's decision is final.
8. The auctioneer accepts no responsibility for failure of
telecommunications or internet connections in respect of a telephone
or internet bid, or any delays in the postal system if a bidding form
is sent through the post.
9. Prospective bidders should check with the auctioneer’s office
immediately prior to the auction to ensure there are no changes to
the published terms and conditions. The auctioneer will accept no
liability whatsoever for any prospective bidder's failure to carry out
these checks.
10.
The auctioneer will accept no liability whatsoever for any bid
not being made on behalf of the prospective buyer as a result of:
Lack of clarity of instructions, error, lack of clarity or confusion
regarding the bidding process or the bidder's registration or the
deposit, prospective buyers becoming disconnected during bidding
or are unobtainable, interruption or suspension of telephone or
internet services or for any other reason whatsoever beyond the
control of the auctioneer.
11.
Successful proxy bids will be notified to the prospective buyer
within 24 hours of the conclusion of the auction sale. Any alteration
to the submitted bid or withdrawal must be received and
confirmed in writing by the auctioneer prior to commencement of
the auction. Proxy bidders are advised to telephone the Auctioneer’s
office before 10am on the day of the sale in order to and out
whether any addenda apply to the property for which they have
authorised the Auctioneer to bid on their behalf. If we receive two
proxy bids at the same level, both bidders will be notified and given
the opportunity to adjust their bid.
All bidders are deemed to be making their bid with full
knowledge of and in accordance with the RICS Common Auction
Conditions (4th Edition), Extra Conditions, Special Conditions of Sale,
Addendum, Important Notice for Prospective Buyers in the
catalogue and the contents of the Legal Pack. In particular, bidders
are deemed to have carefully checked the Special Conditions of Sale
for any additional costs and fees payable to the seller that may be
detailed therein.
13.
All successful remote bidders will be required either to
provide certified proof of identity or visit a Symonds & Sampson
office with hard copies together with details of the source of their
funds within 48 hours of the auction. By registering to bid, you agree
to comply with our requests to verify your identity, and to answer any
follow up questions that may be raised in due course, as and when
necessary. We are obliged to identify buyers, bidders and payers in
accordance with the requirements of the Money Laundering,
Terrorist Financing and Transfer of Funds (Information on the
Payer) Regulations 2017 (as amended). We are likely to request
from you and retain some information and documentation for these
purposes and/or make searches of appropriate databases
electronically (including verification through third party data
providers). For the avoidance of doubt, searches may also be
conducted on individuals, directors, and shareholders of these
entities as is required by the legislation. If satisfactory evidence of
your identity is not provided within a reasonable time, there may be
circumstances in which we are not able to proceed. Failure to satisfy
our requirements can also result in a termination of the acquisition of
the property. Please be aware that we may share the information and
documentation you provide for this purpose with the vendor, the
vendor’s solicitors, agents or other authorised representatives of the
vendor in order to facilitate the transaction.
14.
The auction will be recorded and the phone lines for telephone
bidders are likely to be recorded to avoid any doubts or disputes.
15.
By registering to bid you are agreeing to these Terms &
Conditions and understand that should your bid be successful the
offer will be binding, and you will be legally bound jointly and
separately with the intended Buyer (where the Buyer is different) by
the applicable Conditions of Sale