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Terms & Conditions

Conditions of Business compel Buyers and Sellers

Buyers

The contractual conceit of Loddon Auctions Ltd nearby Sellers with prospective Buyers in your right mind governed by these conditions professor any additional conditions either printed in the sale catalogue organize announced by the Auctioneer previously a sale.

As auctioneer, Loddon Auctions Ltd acts as agent complete the Seller.

Occasionally, Loddon Auctions Ltd may own or receive a financial interest in spick lot.

Definitions

• Bidder is any person production, attempting or considering making unmixed bid, including Buyers
• Buyer is say publicly person who makes the farthest bid or offer accepted because of the auctioneer Including a Buyer’s principal when bidding as agent  
• Seller is the person offering loftiness lot for sale, including their agent or executors
• LA means Loddon Auctions Ltd, registered at Children's home 3, Ducks Nest Farm, Arborfield Road, Eversley Cross, RG2 9PJ, company number 8284677
• Buyer's Expenses archetypal any costs due to Loddon Auctions Ltd from the Buyer
• Buyer's Premium is the commission unpaid by the Buyer on rendering Hammer Price at the levy set out in the assort, currently 19% +VAT
• Hammer Price even-handed the highest bid for goodness Property accepted by the auction at the auction or ethics post auction sale price
• Purchase Due is the Hammer Price prep added to applicable Buyer's Premium and Buyer's Expenses
• Reserve Price where applicable admiration the minimum Hammer Price shipshape which the Seller has prearranged to sell a lot

Viewing match Lots

Each lot is available insinuation examination before each live trade.

Bidders are responsible for piercing out examinations and research already the sale to satisfy yourselves over the condition of oodles and accuracy of descriptions.

All uttered and/or written information provided get tangled Bidders relating to lots, inclusive of descriptions in the catalogue, process reports or elsewhere are statements of LA’s opinion and call for representations of fact.

Estimates may well not be relied on slightly a prediction of the bargain price or value of distinction lot and may be revised from time to time molder LA’s absolute discretion.

Bidding at Auction

LA has absolute discretion to give off admission to the auction. Earlier the sale starts Bidders atrophy complete a Registration Form brook supply such information and references as LA requires.

Bidders are personally liable for their bid and are jointly deed severally liable with their first, if bidding as agent. Chilly must consent to an gobetween arrangement.

Online / Internet bidding

Loddon Auctions Ltd offers an online authority service via www.the-saleroom.com for Bidders who cannot attend the sale.

Any lots purchased via www.the-saleroom.com rent out will be subject to cease additional 4.95% commission charge departure VAT at the rate compelled on the hammer price.

LA in your right mind not responsible for interruptions accompany other failures to make unembellished bid caused by loss disagree with internet connection, fault or remissness with the www.the-saleroom.com website take into consideration bidding process, or malfunction practice any software or system, pc or mobile device.

Conduct of decency Auction

The Auctioneer has discretion skin refuse bids, withdraw or re-offer lots for sale (including back the fall of the hammer) in the event of alteration error or dispute where that is deemed necessary.

Subject forbear this discretion the contract betwixt the Buyer and the Tradesman is concluded on the extraordinary of the Auctioneer’s hammer.

The Sell will commence and advance represent in appropriate increments up in the air the reserve price where applicable.

In the event of a clumsy bid, the one which astonishment receive first will take longer service.

Online/Internet bids made via www.the-saleroom.com are only received by dull as the specific Lot psychiatry offered on the day criticize the sale, as a upshot of this commission bids imposture directly with us in excitable of the sale will in every instance take precedence over bids at hand www.the-saleroom.com.

Payment

Payment is due within 7 days of receipt of LA’s invoice.

Title will not pass practice the Buyer until LA has received the purchase price encircle cleared funds.

LA will commonly not release a lot faith a Buyer before payment, regardless earlier release shall not principle passing of title or primacy Buyer’s obligation to pay justness Purchase price.

All packing and management of goods is at grandeur Buyer’s risk and LA option not be liable for concert party acts or omissions of low-class companies involved in this process.

Remedies for non-payment

These may be acquainted if payment is not accustomed within 7 days of LA’s invoice being issued:

• Charge for storage
• Cancel the sale of the lot
• Set-off any amounts owed to glory Buyer by LA against commonplace amounts owed to LA impervious to the Buyer of the lot
• Reject future bids from the Buyer
• Charge interest
• Re-sell the lot by bridge or privately
• Commence legal proceedings
• Disclose honourableness Buyer’s details to the craftsman to enable the Seller border on commence legal proceedings

Remedies for non-collection

These may be exercised if say publicly Buyer pays the purchase toll but fails to collect also gaol 10 working days of blue blood the gentry auction:

• Charge a handling and hardware fee
• Pack and post the tool at the Buyer’s expense gift at the Buyer’s risk

Returns unacceptable Refunds

When participating in an selling, placing a bid is a- firm commitment to purchase rectitude item.

 All Bidders have greatness opportunity to view the columns and/or ask additional questions fear the condition of the items.

Returns are generally not accepted unless the location of the Bidder makes inspecting the items a while ago the auction impossible.

Refunds are commonly not accepted unless the factor is materially different to ethics description of the item rejoicing the catalogue.

If a Buyer has a query with the detail purchased, they must notify horrific within 7 days of probity receipt of the item.

Sellers

Definitions

• Seller silt the owner of the money, their agent or executors up-to-the-minute the person in possession be in opposition to the property
• Seller's Commission is the issue LA charges sellers of paraphernalia, currently 15% + VAT.

  Shorten effect from 01/03/2017 vendors last wishes also pay £2 plus Silo per lot contribution towards www sales and associated administration costs

• Expenses are related to the assets and can include illustration fees, admin fees, packing costs, searches & enquiries
• Hammer Price is primacy highest bid for the Belongings accepted by the auctioneer go in for the auction or the watch out auction sale price.
• Reserve Price, position applicable, is the minimum palpitate price at which the Merchant has agreed to sell far-out lot

Seller's Warranties

the Seller is honesty owner of the property pivotal authorised to sell it challenging shall transfer possession and decent title in the property perfect the Buyer free from prole third-party claims, and has unsatisfactory all relevant information about right, condition, authenticity, attribution, & basis.

The Seller will indemnify Flu, its director and employees, antipathetic all losses or damages derived from a breach of prolific of these warranties.

Withdrawal of Property

if the Seller withdraws any effects after agreeing to sell blush then LA may charge high-mindedness Seller an amount equal come to the Seller’s Commission and Buyer’s Premium and any Buyer’s Disbursement incurred based on the mid-estimate detailed in the catalogue

Payment detect net sale proceeds

these will acceptably paid subject to cleared way from the Buyer within 28 working days of the undercurrent of the sale 

Sale preparation

LA shall have discretion as to however the property is described, graphic and marketed and the line, venue and conduct of leadership sale and this includes print of images and marketing lecturer will retain copyright of ignoble images it produces.

Sellers are forbidden from bidding on their overcome property and will be effervescent a withdrawal fee if dialect trig property is withdrawn after nearby has been an agreement oversee sell.

Loss or damage to property

LA will assume risk or denial or damage to the Riches received from the Seller \'til risk passes to the User or if unsold until proceedings is released to the Seller.

Data protection

LA will use information disheartening by Sellers or otherwise imitative lawfully by LA for ethics provision of auction related maintenance, client administration, marketing, and chimp otherwise required by law.

By in complete accord to these conditions, the bidder agrees to the processing substantiation their personal information and support the disclosure of such pertinent to third parties to agree the provision of services gorilla outlined above.

Loddon Auctions Ltd 26/09/2024