The fees for selling a property at auction include an upfront entry fee which is non-refundable and payable before the auction which ranges from £250 plus VAT - £500 plus VAT. If the property sells successfully, there is also a sale commission fee which ranges between 1.5% and 2% plus VAT of the sale price; this is deducted from the deposit paid by the buyer. The auctioneer will always confirm the selling fees with the seller following initial inspection of the property.
It is important to agree terms at an early stage as marketing cannot commence until we have received signed instructions. If you are not known to us then we will need copies of documents in accordance with Anti-Money Laundering Regulations to confirm Proof of Identity and Evidence of Address.