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Auction Contracts

The Auction Day TPPUK 2nd July 2017

On the fall of the gavel the highest bidder above the reserve is contracted to buy.

The successful bidding number is noted and the buyer is required to pay the deposit, administration fee and confirmation of identity. The sale memorandum will be prepared at the clerks’ desk and must be signed by the buyer and exchanged before leaving the auction room.

The signed counterpart sale memorandum should be passed to your solicitor or legal representative immediately. You should also insure the property immediately, if appropriate.

Completion will usually take place 28 days after exchange, but this may be varied in the individual special conditions of sale, which are attached to the sale memorandum.

The auctioneer is legally authorised to sign the sale memorandum on behalf of both buyer and seller if you leave the auction room without signing. We reserve the right to immediately re-offer the lot if the deposit conditions are not strictly adhered to in accordance with our conditions of sale.

Who We Are

Williams & Goodwin The Property People are members of the Guild of Property Professionals, National Association of Estate Agents, Association of Residential Lettings Agents, National Association of Valuers and Auctioneers and are Chartered Valuation Surveyors we are members of a National Network of approximately 800 independently owned and operated Estate Agents.

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Get in Touch

Do you want to find out more about Williams & Goodwin and their services, call or email us today.

Caernarfon - 01286 677 775
Bangor - 01248 355 333
Llangefni - 01248 751 000
Holyhead - 01407 760 500
Property Management - 01248 72 40 40
All Wales Auction - 01248 75 39 39

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