AUCTIONEER‘S COMMENTS
This property is for sale by the Modern Method of Auction.
Should you view, offer or bid on the property, your information
will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the
transaction within 56 days of the draft contract for sale being
received by the buyers solicitor. This additional time allows
buyers to proceed with mortgage finance (subject to lending
criteria, affordability and survey).
The buyer is required to sign a reservation agreement and
make payment of a non-refundable Reservation Fee. This being 4.2%
of the purchase price including VAT, subject to a minimum of
£6,000.00 including VAT. The Reservation Fee is paid in addition to
purchase price and will be considered as part of the chargeable
consideration for the property in the calculation for stamp duty
liability.
Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the
purchase would be funded.
This property has a Buyer Information Pack which is a
collection of documents in relation to the property. The documents
may not tell you everything you need to know about the property, so
you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions
are also contained within this pack.
The buyer will also make payment of £300.00 including VAT
towards the preparation cost of the pack, where it has been
provided by iamsold.
The property is subject to an undisclosed Reserve Price with
both the Reserve Price and Starting Bid being subject to change.
The seller can instruct iamsold to agree a sale without a bidding
process taking place or prior to a closing date. No further bids
can be accepted after a buyer has paid a Reservation Fee
REFERRAL ARRANGEMENTS
Cubitt & West and Auctioneer may recommend the services of
third parties to you. Whilst these services are recommended as it
is believed they will be of benefit; you are under no obligation to
use any of these services and you should always consider your
options before services are accepted.
Where services are accepted the Auctioneer or Cubitt & West
may receive payment for the recommendation and you will be informed
of any referral arrangement and payment prior to any services being
taken by you.
TO VIEW OR MAKE A BID - Contact Cubitt & West
The information provided about this property does not constitute or
form part of an offer or contract, nor may be it be regarded as
representations. All interested parties must verify accuracy and
your solicitor must verify tenurelease information, fixtures &
fittings and, where the property has been extendedconverted,
planningbuilding regulation consents. All dimensions are
approximate and quoted for guidance only as are floor plans which
are not to scale and their accuracy cannot be confirmed. Reference
to appliances andor services does not imply that they are
necessarily in working order or fit for the purpose.
We are pleased to offer our customers a range of additional
services to help them with moving home. None of these services are
obligatory and you are free to use service providers of your
choice. Current regulations require all estate agents to inform
their customers of the fees they earn for recommending third party
services. If you choose to use a service provider recommended by
Cubitt & West, details of all referral fees can be found at the
link below. If you decide to use any of our services, please be
assured that this will not increase the fees you pay to our service
providers, which remain as quoted directly to you.
Council Tax band: A
Tenure: Leasehold
Annual ground rent: £ 500
Annual service charge: £ 3485
Years remaining on lease: 108
Message agent
Available
For Sale
2 beds
Apartment
346 days on market
