Register To Bid with Auction Estates for our forthcoming auction

Register to bid

Register to bid
at our auctions


The auction is due to be held on Thursday 22 February 2018 at The Centenary Suite, Nottingham Racecourse, Nottingham, NG2 4BE.

BIDDING AT THE AUCTION

Registration Desk

The auction is a public auction and therefore can be attended by any person wishing to do so. However in order to bid on a property you will need to register on the day of the auction by completing our registration form giving full contact details for you and your solicitor.

Once the registration form has been completed you will be presented with a paddle for the purpose of bidding for a property.

Required Documents

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the "Regulations")
The above regulations came into force on the 26th June 2017 and all the Auctioneers are now required to verify the identity of all bidders before the auction. 
In order to bid on a lot you should bring the following items to the auction, otherwise you may be unable to bid:

UK PRIVATE INDIVIDUALS
You must provide one document from each list

List A: Identity documents

  • Current signed passport; or
  • Current UK photo card driving licence.

If you do not currently hold a valid passport or driving licence, you may alternatively provide a certified copy of one of the following documents:

  • UK old style paper driving licence; 
  • Residential permit issued by the Home Office to EU Nationals on sight of their own country passport;
  • Benefit book or original notification letter from the Benefits Agency confirming the right to benefits;
  • Self-employed in the construction industry – tax exemption certificate with photograph of holder (forms C155, C156 or SC60);
  • HM Revenue and Customs tax notification; or
  • Firearms certificate.

List B: Evidence of address

  • A utility bill issued within the last three months (but not mobile phone bills as these can be sent to different addresses);
  • Current UK driving licence (if not used as evidence of identity);
  • UK old style paper driving licence (if not used as evidence of identity);
  • Local authority tax bill (valid for the current year);
  • Bank, credit card, building society or credit union statement issued within the last three months and addressed to a current residential address;
  • The most recent original mortgage statement from a recognised lender;
  • Confirmation from the electoral roll that a person of that name lives at that address;
  • Benefit book or original notification letter from the Benefits Agency confirming the right to benefits (if not used as evidence of identity);
  • Self-employed in the construction industry – tax exemption certificate (forms C155, C156 or SC60) (if not used as evidence of identity); or
  • HM Revenue and Customs tax notification (if not used as evidence of identity)

Please note that we do not accept the following documents as evidence of address: PO box numbers, addresses listed as 'C/O', online bank statements, online utility bills, health insurance certificates, building contents insurance certificates and motor insurance certificates. 

NON-UK PRIVATE INDIVIDUALS
You must provide one document from each list

List A: Identity documents

  • Full and valid passport;
  • National identity card; or
  • Photo driving licence

List B: Evidence of address:

  • A utility bill issued within the last three months (but not mobile phone bills as these can be sent to different addresses);
  • Bank, credit card, building society or credit union statement issued within the last three months and containing a current address; or
  • A reference from a bank or regulated legal professional who has advised the individual for the past two years.
    Please note that we do not accept the following documents as evidence of address: PO box numbers, addresses listed as 'C/O', online bank statements, online utility bills, health insurance certificates, building contents insurance certificates and motor insurance certificates. 
    Certified copies (signed and stamped by an independent regulated professional person) of the above documents are also acceptable.

CORPORATE BODIES, INCLUDING TRUSTS ETC.
We will not be able to proceed with a transaction from a corporate body until we are fully satisfied that we have identified the ultimate beneficial owner. Importantly, the Regulations place a legal duty on all corporate bodies, including trusts etc, to provide us (the relevant person) with this information:

Part 5 of the Regulations states: 

Corporate bodies: obligations
43.—(1) When a UK body corporate which is not listed on a regulated market enters into a relevant transaction with a relevant person, or forms a business relationship with a relevant person, the body corporate must on request from the relevant person provide the relevant person with— 
(a) Information identifying—
(i) its name, registered number, registered office and principal place of business;
(ii) its board of directors, or if there is no board, the members of the equivalent management body;
(iii) the senior persons responsible for its operations;
(iv) the law to which it is subject;
(v) its legal owners;
(vi) its beneficial owners; and
(b) its articles of association or other governing documents. 

You are strongly advised to prepare in advance the necessary paperwork.
This is especially important with the more complex corporate structures as it will take considerably longer to conduct our due diligence. Each layer of the structure needs to be carefully examined until we have identified who the ultimate beneficial owners are. 

If we are not fully satisfied, we will not be able to proceed with the transaction.
Should you have any queries or require further information please do not hesitate to contact the team at info@auctionestates.co.uk

BIDDING BY TELEPHONE/PROXY

Should you not be able to attend in person you can bid by telephone/proxy. Attached is a telephone/proxy bidding form which should reach us no later than two working days before the auction by email. Please note this should be sent to Auction Estates, 28 Regents Street, Nottingham, NG1 5BQ or info@auctionestates.co.uk

Please remember to include;

  • 2 forms of ID one being Photo ID and one proof of address (dated within the last 3 months) for each intended owner (This ID must be a certified copy or originals.  Certification can only be done by UK Lawyer, UK Banker, Authorised Financial Intermediary, NCCB Regulated Mortgage Broker, Chartered Accountant, Teacher, Doctor, Minister of Religion, Post Master or Sub Postmaster).
  • Method of payment you will use for the Deposit and Buyers fee i.e. blank cheque made payable to Auction Estates or debit card details on the attached form. (On receipt of your debit card details the deposit will be taken, should you not wish to have this taken immediately please do not attach form and ensure that you contact us at least 3 working days prior to the auction to provide us with your card details).
  • All buyers full names need to be on the bidding form.

Please note without the above information your bidding form cannot be accepted.

A separate bidding form is required for each LOT.

If the property is going in a company name we require authorisation from a director/company secretary on letter headed paper and that person’s proof of ID and companies proof of address.

Please note: A buyer’s premium of £1,000 + vat is applicable to each lot purchased.

Further information on properties including catalogue entries and legal documents please contact us on 01157 844 600.

Downloads

Bidder Registration

Before you can bid at our auctions, you will need to complete this bidder registration form
Download PDF

ID Requirements

This document details the required and acceptable forms of identification to bid at our auctions
Download PDF

Debit Card Payments

Please complete and return this document should you wish to use a debit card as your method of payment
Download PDF

Bidding By Telephone / Proxy

Please complete and return this document if you are planning to bid by telephone or proxy
Download PDF

Terms and Conditions for Bidding

This document details the terms and conditions for bidding at our auctions by telephone or proxy
Download PDF

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