Phillip Arnold Property Auctions
Phillip Arnold Property Auctions
Phillip Arnold Property Auctions is an established public auction house based in Ealing W5, offering a professional yet friendly auction service for the disposal of residential and commercial properties.
Phillip Arnold Property Auctions also has a Chartered Surveyors Division offering RICS valuations for probate or other purposes.
Phillip Arnold Property Auctions formally started as an auction house in 2007 under the name of Brendons Auctioneers Ltd, with Phillip Arnold Property Auction’s first-ever auction taking place at the New Connaught Rooms in Holborn.
Spearheaded by Phillip Arnold very own Auctioneer, Phillip Arnold, who has over 30 years’ experience in the property industry, Phillip Arnold Property Auctions has established itself as a top 10 London auction house in a very short space of time (The Telegraph) and are listed just outside the top 20 nationally (EIG).
Phillip Arnold Property Auctions takes pride in delivering good customer service and strives to meet those standards today in every aspect of its business.
Phillip Arnold Property Auctions believes in providing individual clients with a more personal touch whilst offering corporate clients a professional and affordable solution to the disposal of their stock.
Phillip Arnold Property Auctions are London-based
As Phillip Arnold Property Auctions are based in W5, Phillip Arnold Property Auctions’ service offer tends to focus predominately on the West London area and its surroundings, although Phillip Arnold Property Auctions successfully sells properties throughout the UK.
Feel free to take a look through Phillip Arnold Property Auctions results on this website under the Auction Results tab. You can also obtain more information for buying and selling at auction from one of our bespoke guides.
A Guide to Buying at Phillip Arnold Property Auctions Â
Details of the Phillip Arnold Property Auctions for land & property to be sold are set out in the Phillip Arnold Property Auctions online catalogue.
They are usually available online or on request online to be posted to you. All lots are sold subject to general conditions of sale.
It is most important that purchasers satisfy themselves regarding the availability, location, boundaries, conditions and state of all lots before the auction.
Viewing lots at Phillip Arnold Property Auctions
You must view the properties which interest you as soon as possible. Viewing arrangements for each lot are contained in this catalogue.
Phillip Arnold Legal Documentation
There are special conditions and general conditions that apply to all lots being offered at auction. A copy of these should be available within the legal pack for each lot, a copy of which will be posted to the relevant auctioneer’s website as soon as possible.
Instructing a Solicitor
Before bidding at the auction, it is advisable to consult a solicitor/licensed conveyancer to advise you on the general and special conditions of sale, any searches that may be necessary, the Land Registry office copy entries and any other information provided.
Phillip Arnold Property Auctions guide prices
Most are quoted in the catalogue available from the agency/office concerned nearer the time of the auction. a guide price may change at any time. Lots may be sold at above or below the guide price, and we cannot accept responsibility for their accuracy.
Phillip Arnold Property Auctions reserve prices
Unless stated in the catalogue, all lots are subject to a Reserve price. This is the minimum price at which the seller has authorised the auctioneer to sell. The bidding must reach or exceed the reserve price for the auctioneer to be able to sell.
The reserve price is confidential. It is set by the seller in consultation with the auctioneer before the auction and may be subject to change right up to the start of the auction. The auctioneer reserves the right to accept bids from the vendor up to and including the reserve value.
Phillip Arnold Pre-Auction Offers
Offers must be in writing and only be considered if the lot has been viewed and the legal documentation is inspected. Pre-auction bids are based on an immediate exchange of auction contracts upon acceptance by the seller.
Any offer will be assumed to be your best and final offer, and the auction house cannot guarantee that you will be invited to increase your bid in the event of an alternative; the satisfactory offer is received before exchange.
Finance & Mortgages
It is essential to arrange finance prior to the auction and for all surveys, valuations and inspections to take place before the bidding.
Unable to Attend a Phillip Arnold Property Auctions
If it is impossible for you to attend the auction, you can bid in two ways (each auction house has its own rules & methods).
Firstly, you can appoint a representative or solicitor to bid for you, and writing and informing the auctioneer is always advisable.
Also, give your representative a letter confirming they are bidding on your behalf.
Phillip Arnold Property Proxy Bids
If you want to bid by proxy on the day of the auction the auctioneer may be happy for you to do so, check in advance with the relevant auction house.
The Auctioneer usually holds a signed contract and deposit cheque at least 48 hours before the auction. Therefore, please contact the auction house as soon as possible to avoid disappointment.
Don’t hesitate to contact the relevant Auction house for a proxy bid registration form or use the one shown on the relevant auction house website (the link for this auction house is below) or the one in the auction brochure.
Registering at Auction & Means of Identification
You must register before the auction starts at the registration desk at the auction venue (each auction house has its own rules. Check in advance what they are). The successful bidder must provide two identification forms (see registration form).
Please note that it is a requirement that you also provide documentation to confirm your name and residential address.
The seller’s solicitor will then prepare the contracts. THESE MUST BE SIGNED by the purchaser BEFORE LEAVING THE AUCTION ROOM.
Click Here for the Phillip Arnold Property Auctions website.
Go back to the Main Auction listHow to buy a house at auction – The property auction guideHow safe is it to buy from a property auction?
Disclaimer:
This post is for general use only and is not intended to offer legal, tax, or investment advice; it may be out of date, incorrect, or maybe a guest post. You are required to seek legal advice from a solicitor before acting on anything written hereinabove.