Remote bidding auction
Register to bid for our next auction with our new online registration system – follow the link below
Due to the current restrictions caused by the Covid-19 pandemic, our auctions will be livestreamed 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 auction.
Once your details have been checked you will receive an email 4 days prior to the Auction, in order that you can register your debit card details, which will place a shadow on your payment. If you do not submit your debit card details, then you will not be able to proceed with your application.
No payment will be taken unless you are a successful purchaser, but we will place a shadow on our minimum payment of £6,440.00 (£5,000 deposit and £1,440 inc. Vat administration fee) and you must therefore have the funds available in your bank account. If you are the winning bidder, we will process your payment and contact you immediately after the auction for any shortfall as you will be required to pay the full 10% deposit on the day. If you are not a successful bidder, the hold on funds will be released from your card/account the next working day after the auction. It can take anything from a few hours up to several days for the hold to be released (dependent on the card issuer/Bank). Click here for further details about shadow payments.
Please note you will require the following documents in order to proceed:
- Buying in your sole name – 2 forms of identification
- Buying in joint names – 2 forms of identification for each party/parties
- Bidding on behalf of someone else – a signed letter of authority and 2 forms of identification for yourself and the purchaser(s).
- Bidding on behalf of a company and you own more than 50% share – certificate of incorporation, company registration number and 2 forms of your identification
- Bidding on behalf of a company and you own less than 50% share – certificate of incorporation, company registration number, personal details for all directors and & 2 forms for yourself and each director
Please do not proceed unless you have ALL the necessary information to hand as you will NOT be able to complete your application.
Click here for our guide to registering to bid and further information on shadow payments.
Ways to bid
The auction will still operate in the same way, with the auctioneer conducting the auction, which will be livestreamed via our website. If you are interested in purchasing any of the lots, we offer 3 different ways to bid.
We already offer these services at our in-room auctions, so they are all tried and trusted ways of bidding.
You instruct the auctioneer to bid on your behalf up to your maximum pre-set amount. Your bid is confidential between you and the auctioneers, and it will not be disclosed to anyone else. The auctioneer will bid on your behalf in accordance with the other bids, so you can still get the property for less than your top bid.
You must pre-register to bid for each auction, by completing our online registration form, no later than 24 hours prior to the Auction. You can keep up-to-date with the bidding by watching the auction live.
You will need to be available on the day of the auction for us to contact you by phone. One of our auction team will give you a call and bid as per your instructions. You must pre-register to bid for each auction, by completing our online registration form, no later than 24 hours prior to the Auction.
We also have the option to bid through a secure area on our website. You must pre-register to bid for each auction, by completing our online registration form, no later than 24 hours prior to the Auction. We will process your application and provide you with your log in details to bid. You will be able to see the bidding live and place your bid accordingly, click here for a guide to internet bidding.
Please note, you must read the legal pack before we can create your online bidding account, please ensure you register with the same email address you provide to us for the system to identify you. If you don’t follow these important steps you won’t be able to bid.
As with any auction, if you are successful, your purchase will be legally binding, and you will exchange contracts on the fall of the gavel. A member of our staff will sign the contract/special conditions of sale on your behalf, in accordance with the terms and conditions, which are available with our remote bidding form.
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.