Sign the (UETA) & (ESIGN) & (GDPR) compliant document
3. Approval
We'll check your details and approve your bidding status
4. Deposit
Pay the fully refundable bidding registration and holding deposit
AFTER BIDDING APPROVAL: A bidding registration deposit of £2500 plus a holding deposit of 5% (or minimum £5,500) of the guide price is paid to the auctioneer, which would go towards the auction fees and the purchase. If successful, any remaining funds must be paid by 4:30pm on the day of the auction. If unsuccessful, your full holding deposit and bidding registration deposit will be refunded within 3 working days.
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The bidding registration deposit is required in order to be approved for bidding. The amount is £2,400 per lot and is deducted from your deposit upon exchange, if you are the highest bidder. If you are not the highest bidder, the bidding registration deposit is refunded to you, in full.
Bidding online
Once you’ve been approved to bid, our registrations team will send your login details. On the day of the auction, click the ‘Live Auction’ button displayed on our homepage, login and start bidding. There will be a live video feed of our auctioneer and presenter, who’ll be talking through the lots, providing insightful tips and information.
Bidding by telephone
A Connect UK Auctions representative will call you prior and during the auction and place bids on your instruction. You will also be able to watch the live auction on our website via Connect Realtime®
Bidding by proxy
Here you will advise us of your maximum bid amount, and we’ll bid on your behalf up to this figure. We will always endeavour to secure the property for you, either at, or below your maximum bid amount, if possible. If another bidder exceeds your maximum bid amount, your proxy bid would end.