Auction Houses In Surrey, Auction Service In Farnham, Auction Company In Surrey Uk | Young’s Auction | Auction Registration (2023)


1.The Buyer’s premium is 30% per lot (there will be an additional charge/commission for online bidding via, which shall be payable in addition to the hammer price.

2. Methods for Bidding - online, via telephone and commission bids or in person on the auction day. Viewing in the room 11:00 AM - 7.00 PM Thursday & Friday before the auction.

3. Care is taken to ensure that descriptions as to authorship, attribution, origin, date, age, provenance and condition are reliable and accurate, but all such descriptions are statements of opinion and are not to be taken as statements or representations of fact. No allowance whatsoever will be made for errors in description, authenticity or quality. Purchasers must satisfy themselves as to the conditions of a Lot prior to the sale and check any information for themselves.

4. Estimates are provided to help buyers gauge the likely value of the Lot, they are not definitive. As we prepare the catalogue sometime in advance of the Sale, they may be altered by announcement prior to the Sale.

(Video) 4 Tor Road, Farnham, Surrey - May 2022 Auction

5.Young’s reserves the right in forming their opinion to consult and rely upon any expert or authority reasonably considered by them to be reliable.

6.When buyers are unable to view before the auction (and time allowing) we are able to give a verbal opinion on items but these are for guidance only and we accept no responsibility for their accuracy. We therefore strongly recommend your personal viewing of the item(s).

7.You can leave a commission bid with us indicating the maximum amount to be bid excluding buyer’s premium. In the event of two identical commission bids, Young’s will accept the first bid received. Commission bids must be with us by 11.00 PM the day BEFORE the sale.

8.There are a limited number of telephone lines available. A telephone bidder must expect to bid at the low estimate. Arrangements for this service must be made at least 24 hours in advance of the sale.

9.The highest accepted bidder shall be the purchaser. Any bidder acting for any person who is not bidding shall be jointly and severally liable with that person for satisfaction of all obligations and liabilities hereunder.

10.Should any dispute arise between two or more bidders, or between the Auctioneers and any bidder, the Lot or Lots in dispute shall be put up again or not at the discretion of the Auctioneers and their decision shall be final.

(Video) Lot 14 - June Online Auction - 241 Lyall Place, Upper Hale, Farnham

11.The ownership of the Lot purchased shall not pass to the buyer until he/she has made payment in full to Young’s Auctions. Young’s only accept payment by Bank Transfer, Debit Card (on collection, not remotely), cash or cheque (cheques must be drawn on a UK bank and items will not be released until cheque payment has cleared). There is a charge for receiving money from abroad - for payments up to £100, there is a £2.50 charge and for payments over £100 there is a £7 charge.

12.The Auctioneers reserve the right to sell in such order and manner as they shall decide and to withdraw any Lot at any time.

13.No Lot or Lots shall be removed from the Auction premises until paid for and a receipt obtained. Each Lot shall immediately at the fall of the hammer be considered as delivered and remain in every respect at the absolute risk of the Purchaser thereof and shall be removed at the Purchaser’s expense after the Sale. A storage charge of £3.00 plus VAT per Lot per day will be applied should the item(s) remain uncollected (commencing the first Friday following the auction).

14.Mechanical Lots – No warranty or guarantee is given that these are in working order.

15.Young’s offer postage on certain items (subject to size and packing requirements). We operate a three tier handling fee (£10, £15, £20, £25 + Postage + VAT) and the applied rate will be determined by Young’s. We are not professional packers. We try our best to pack items to ensure safe delivery and these will be sent by Royal Mail 1st and 2nd Signed For, Special Delivery or Parcelforce. The dispatch process will be administered as swiftly as possible but please be patient as we have numerous requests after each auction. Please note that we cannot offer postage of weapons, paintings or very fragile items, or postage internationally. For these items you can contact local couriers. If a buyer wishes to use a courier of their choice, a mutually convenient date/time will need to be agreed and any packaging requirements will attract a charge (see handling fees above).

16.Every person whilst on the premises shall be deemed to be there at his or her own risk and with notice of the conditions of the premises or to the method of arranging the furniture and no person shall have or make any claim against the seller or the Auctioneer in respect of any accident which may happen.

(Video) Lot 78 - June Online Auction - Snatch House, Farnham Road, Liss, Hampshire

17.If any purchaser shall neglect or fail to comply with the above conditions within 28 days of the auction, the Lot or Lots will be placed in a future auction without reserve, with the buyer becoming the vendor and all Young’s Terms and Conditions will now apply.

18.Should ‘Droit de Suite’ (Artist’s Resale Rights) apply to a sale then a charge of 5% of the hammer price will apply where the hammer price is equal to or exceeds €1,000 (or UK Sterling equivalent, as calculated on the day of the sale).

19.The Auctioneer’s to be the sole arbitrators in any matter of dispute and their decision shall be final.

Online Bidding

Young’s auctions offer an on-line bidding service via Complete the bidding registration procedure on and provide your credit card details.

Young's also offer an alternative on-line bidding service via Complete the bidding registration procedure on and provide your credit card details.

(Video) Auction Lots Review

1.Confirm that you are authorised to provide these credit card details to Young’s Auctions through and agree that Young’s Auctions are entitled to ship the good to the card holder name and card holder address provided in fulfilment of the sale. Please note that any Lots purchased via live auction service will be subject to an additional 3% (inc. VAT) commission charge unless you choose the £3 Flat Fee option if registering for a live auction.

2.Young’s ONLY accept payment by Bank Transfer, Debit Card (on collection, not remotely) cash or cheque (cheques must be drawn on a UK bank and items will not be released until cheque payment has cleared). There is a charge for receiving money from abroad - for payments up to £100, there is a £2.50 charge and for payments over £100 there is a £7 charge.

3.The responsibility for collection of successful bids rests with the buyer and items should be collected by the Friday following the sale. Please ring to discuss arrangements (payment and delivery/collection) of the lots won. Collection is by appointment only but please ensure you contact us to arrange a mutually agreeable date/time. IMPORTANT Any lots that remain unpaid for and uncollected by 5.00 p.m. on the Friday following the sale will incur a £3.00 (plus VAT) storage charge per lot per day. N.B. Failure to collect items that have been paid for will also incur these charges!

4.If any purchaser shall neglect or fail to comply with the above conditions, or pays for items won but fails to collect them within 28 days of the auction, the Lot or Lots will be placed in a future auction without reserve, with the buyer becoming the vendor and all Young’s Terms and Conditions will now apply.

5.Re. postage see 15 above.


What happens if a property doesn't sell at auction UK? ›

If a property fails to sell for its reserve price, it will be withdrawn from the auction. However, this doesn't mean that the property won't sell. Once the auction has finished, the auctioneer will invite offers from any interested buyers in the hope that a sale will be negotiated.

How do you sell a house by auction UK? ›

How does the auction process work?
  1. Choose an auction house. ...
  2. Check out what fees you need to pay. ...
  3. Register your property. ...
  4. Make sure the catalogue listing is correct. ...
  5. Appoint a solicitor. ...
  6. Set a valuation reserve price. ...
  7. Set a guide price. ...
  8. Prepare your home for sale.
Dec 1, 2022

How much do auction sellers charge UK? ›

The costs for selling at auction works out to be about the same as using a good high street estate agent. Commission at around 2% + VAT if the final sale price is only payable on successful sale. Some auctioneers charge an upfront entry fee of £200 to £500, but this can be negotiable and only payable after sale.

Do you need a solicitor to buy a house at auction UK? ›

‍You will need a solicitor when buying at auction. In fact, your solicitor plays an even more vital role when buying through auction than when buying through an estate agent. This is because the legal due diligence takes place before you bid. This means you'll rely on your solicitor both before and after the auction.

Do you need cash to buy a house on auction UK? ›

You don't need to be a cash buyer to purchase a property at auction. You can use specialist auction finance, or a bridging loan instead. You can even get a normal mortgage on an auction property, however this comes with certain risks you need to be aware of heading in.

How long does it take to sell a house by auction UK? ›

The timescale from booking into auction until completion of sale is around 6 to 8 weeks. Need help choosing a local property auctioneer? Call 0800 862 0206 or send us an enquiry online.

How much does it cost to buy a house at auction UK? ›

The costs involved when you buy a house at auction include: An administration fee to the auction house, which is typically between £200 and £300. Paying your solicitor or conveyancer. Stamp duty.

Is it worth selling a house by auction UK? ›

Our research shows properties fetch around 20% less at auction than on the open market (although this discount cannot be solely attributed to the selling method) Auctions can be an ideal way to sell homes that are less likely to attract a buyer through conventional routes.

How much deposit do I need to buy a house in auction UK? ›

A 10% deposit will be required on the date of the auction to secure the property you have successfully bid on. The funds available to pay a building surveyor and any other fees such as solicitors, surveyor and auction administration fees.

Do auction houses take a percentage? ›

In general, you'll pay a sales commission equal to 20 to 50 percent of the sale price. If your sale totals less than $300, you're more likely to pay that 50 percent; more expensive items are charged lower commissions. But fees are negotiable and often depend on how much an auctioneer wants to sell your goods.

Why do houses go to auction UK? ›

Houses go to auction because they're a quicker and easier way to sell houses. This makes it a great fit for sellers who want (or need) to sell more quickly than usual. It's especially true for "problem properties" too, which can really struggle to sell via estate agents.

What is the best online auction site UK? ›

Answer: The top 5 most popular Auctions websites in United Kingdom in March 2023 are:

What percentage do most auction houses take? ›

Basically, auctioneers receive a commission (a certain percentage of the sale price, typically between 1.5% and 2.0%) and an entry fee (usually between $300 and $750). Agreed upon prior to the auction, the commission and fees are listed in the auction contract.

What sells best on auction house? ›

primer on which types of items typically sell well at auctions.
  • Precious Gems and Jewelry. Jewelry and precious gems also tend to see high sale prices at auctions. ...
  • Sports Memorabilia. Any sports memorabilia, mainly if a star autographs it, is likely to do well at auction. ...
  • Toys & Comic Books. ...
  • Antique Timepieces. ...
  • Fine Art.
Feb 1, 2022

How much do you lose selling house on auction UK? ›

When you sell your house at auction, you should expect to pay your auctioneer around 2.5% of the price you get for the property and you also need to find out if there will be any advertising costs. You will also need to pay a solicitor to help with the legal side of selling prior to the auction and on the day.

What are the risks of buying property at auction UK? ›

2.2. What are the legal risks when buying at auction?
  • Title checks to ensure you'll end up with full legal ownership of the property.
  • ‍Enforcement notices which could force you to carry out certain works once you've purchased.
  • ‍Easements to check no one has any unusual rights of way over the property.

How do I bid on an auction UK? ›

To bid in person, you just need to listen for the lot that you wish to bid on and raise your hand clearly to attract the auctioneer's attention and get your bid accepted. Once they have seen you and taken your first bid, they will know to keep looking to see if you wish to bid again.

What to know about buying a house at auction UK? ›

If you are to buy a house at auction, you'll need two forms of identification with you such as a passport or driving licence and a utility bill. You'll also need proof of funds such as a mortgage agreement in principle to show you have the financial means to complete the purchase at the agreed price.

Do you get auction house deposit back? ›

Deposits are based on the Merchant Sell Value for the item. When you successfully sell the item, the deposit will be returned, but the auction house will take a percentage of the winning bid as its fee.

Can anyone hold an auction UK? ›

If you want to sell goods by auction, check with your local council if you need to register your stall or premises. An auction means any sale made by competitive bidding. Many councils don't need you to register your premises or stall for an auction.

How long are you liable after selling a house UK? ›

Are you liable for anything after selling a house? Not anything, but you are liable for anything that was misrepresented to the buyer. If a problem comes up that you didn't tell a buyer about, under the Misrepresentation Act of 1967, you are legally liable for six years.

Why does it take so long to sell a house in England? ›

The documentation is more complicated and there are more checks to be carried out. Your conveyancer will need to deal with landlords and management companies and obtain information from them as well as the sellers, this can make the process longer waiting for their replies.

What is a buyer premium at an auction sale? ›

What is a buyer's premium? The buyer's premium is a percentage additional charge on the hammer price of the lot that is paid by the winning bidder. On Proxibid, the buyer's premium is set by the seller, and can vary from sale to sale depending on the inventory up for bid.

Is it good to buy auction property UK? ›

What are the advantages of buying a house at auction? You can move quickly with the entire home-buying process being completed within a set number of days (often 28) after the auction. You'll be able see the other bids for yourself and there's no risk of gazumping.

How do you put items into an auction? ›

If you decide to submit your items to auction (known as consigning), the auction house will guide you through the process. It will ask you to sign a consignment agreement which details the auction house's terms and conditions – always read it carefully and ask about which charges will apply to your items.

What is the meaning of bid to purchase? ›

The term bid refers to an offer made by an individual or corporation to purchase an asset. Buyers commonly make bids at auctions and in various markets, such as the stock market. Bids may also be made by companies that compete for project contracts.

What is the best way to sell a house UK? ›

To get the best price possible, you should sell through a good local estate agent. To get the fastest sale possible, you should sell to a cash house buying company. For a good balance of speed and price, you should sell by auction (especially if your property has some issues).

How do auction houses work UK? ›

Traditional auctions are usually held at an auction house. All interested buyers will be there and they'll place bids in front of each other. If you're the highest bidder, you exchange contracts and pay your deposit on the day of the auction. The deposit is usually 10% of the purchase price.

What are the disadvantages of buying a house on auction? ›

What Are The Disadvantages Of Buying A House At Auction?
  • Houses Are Sold As-Is. Homes at auction are sold as is. ...
  • You Must Have Cash To Make The Purchase. Most auctions have very strict rules about how you can pay for your purchase, and they almost always involve cashier's checks or cash. ...
  • You'll Forgo Common Protections.
Jan 12, 2023

How long after winning a bid do you have to pay? ›

A buyer has two days to pay for an item on eBay from the time of their purchase. After two days, a seller can open an Unpaid Item Case, prompting the buyer to pay or resulting in a loss of buyer privileges if the seller is never able to collect the money. Visit Business Insider's homepage for more stories.

What is the minimum amount in an auction? ›

A reserve price is a minimum price that a seller would be willing to accept from a buyer. In an auction, the seller is not typically required to disclose the reserve price to potential buyers. If the reserve price is not met, the seller is not required to sell the item, even to the highest bidder.

What percentage deposit is required to buy a house UK? ›

In almost all cases, you will need a deposit of at least 5% of the property price. That said, the average for a first time buyer in the UK is around 15%. The bigger the deposit, the lower your mortgage interest rate and the smaller your monthly repayments.

How much should you bid in an auction? ›

With auctions, bidders are looking for a deal. You should set the starting price below fair market value to show your guests the potential for a great deal. Setting the starting bid around 25-30% of the fair market value gives bidders the chance to win the item well below market value.

What are the fees for selling at Sotheby's? ›

Seller's Commission

A commission paid by the consignor to Sotheby's, which is deducted from the hammer price. For most auctions, including those in our Fine Arts division, Sotheby's standard seller's commission is 10% of the hammer price.

How do you calculate auction price? ›

Auction Cost Formula

To calculate auction cost, multiply the sell price by the auction fee percentage over 100.

What is the modern method of auction houses UK? ›

The modern method of auction means that upon the acceptance of an offer or at the close of the auction, the successful buyer must place a non refundable reservation fee to the agents to reserve the property.

Can you get out of an auction contract in UK? ›

In most cases you cannot get out of an auction contract. However, if misrepresentations or misleading statements have been made by the auction house, seller, or seller's solicitor then you may have a legal claim against them.

Why auction instead of selling? ›

House auctions can attract a large pool of prospective buyers. This can make the bidding process more competitive and help you fetch the highest price. You also receive the full amount of the price (with no commissions deducted) compared to an agent-assisted or FSBO sale.

Which auction site has the lowest fees? ›

Bottom Line

We recommend eBay as the best online auction website because it's free for buyers, fees are reasonable for sellers, and its platform is incredibly user-friendly.

What is the best car auction website UK? ›

RAW2K is the UK's premier online car auction website for the trade and public. We have 1000's of used, salvage and seized vehicles for sale in our daily and weekly online auctions. Browse through our online stock of vehicles including cars, vans, motorcycles and scooters for sale.

What is the famous auction house in England? ›

It's well-known that Christie's is the world's top auction house in various respects. It has 85 offices in 43 countries and its main auction room in South Kensington is the busiest in the world.

How much are auction fees UK? ›

You the seller usually has to pay:
  • 15% sellers comission.
  • 20% VAT.
  • 1.5% Insurance.
  • Catalogue illustration £50-£500.

How many items should you have in an auction? ›

A rule of thumb is to offer 1 to 1.5 items per bidder. This is the amount of product that provides enough scarcity to drive up bidding. To determine how many bidders to expect, analyze your audience.

What days are best for auction? ›

Best Ending Day

More people are at home on Sundays, and buyers often have more time to study and bid on auctions than they do during the rest of the week. Polls taken by the online site AuctionBytes indicate that you should choose Monday if Sunday is not an option.

What is the best time to have an auction? ›

Mornings are by far the most effective time to hold an auction no matter what day of the week it is, with statistics showing that 75 per cent of those held at 9am resulting in a sale. It seems people prefer to start and get business done early rather than wait until midday or the late afternoon.

What is the most expensive thing to sell at auction? ›

Top 20 Most Expensive Auction Items Ever Sold as of 2023
  1. Loans against fine assets.
  2. 1) Leonardo Da Vinci's Salvator Mundi.
  3. 2) Les Femmes d'Alger (Version O) by Pablo Picasso.
  4. 3) The Gigayacht.
  5. 4) Giacometti's Pointing Man.
  6. 5) Rabbit by Jeff Koons.
  7. 6) Portrait of an Artist (Pool with Two Figures) by David Hockney.
Dec 2, 2022

What happens to auction items that don't sell? ›

Burning is when an item goes unsold at auction. Auction houses like to refer to these items as "bought-in" (even though very few auction houses nowadays will actually buy unsold lots from sellers). An item can be burned if no one bids on it or if it does not reach the reserve price.

What happens if no one buys your auction? ›

When no bidding takes place, a vendor bid is made by the auctioneer and this can be all that is required to set the wheels into motion. In a situation where there was some bidding, but the vendor's reserve price was not reached, the auction will pass in.

What happens if you don't have enough money at an auction? ›

More often than not, the unpaid items someone refused to buy are quietly returned to the original consignor, put into a future auction with a lower estimated value or are sold privately for a significant loss.

What happens if a bid ends with no bids? ›

An unsold property may be an indicator of an overly-ambitious asking price. Assuming there are no satisfactory post-auction bids, the auctioneer may suggest dropping both the reserve and guide prices prior to the relaunch.

Do you get money back from auctions? ›

The rules for sealed bid auctions vary, but generally, all sales are final. This means that once you have submitted a bid and won an auction, you are committed to purchasing the item. There are no refunds or exchanges allowed, unless the item is not as described or is damaged in some way.

Do you get your money back if you dont win an auction? ›

You don't have to worry about paying anything if you lose a bid. When you bid, it doesn't automatically mean you're giving money, so you don't actually lose anything since you haven't made a purchase yet. Only the winning bid needs to pay for the item.

What is the best thing to sell at auction? ›

primer on which types of items typically sell well at auctions.
  • Precious Gems and Jewelry. Jewelry and precious gems also tend to see high sale prices at auctions. ...
  • Sports Memorabilia. Any sports memorabilia, mainly if a star autographs it, is likely to do well at auction. ...
  • Toys & Comic Books. ...
  • Antique Timepieces. ...
  • Fine Art.
Feb 1, 2022

What is the 3 minute rule at auction? ›

This 3 minute trigger will continue until 3 minutes has elapsed without any further competing bids and a winning bid is achieved. If the reserve has not been met, the auctioneer may then invite interested parties to engage in the submission of revised bids and the reserve price may be disclosed at this stage.

What happens if only one bidder? ›

If there's only one bidder then the auctioneer is allowed to “run them up” to the reserve price, by bidding against them. However, if their highest bid is still lower than the reserve price then the property will not sell.

What is minimum auction amount? ›

A reserve price is a minimum price that a seller would be willing to accept from a buyer. In an auction, the seller is not typically required to disclose the reserve price to potential buyers. If the reserve price is not met, the seller is not required to sell the item, even to the highest bidder.

Can you just turn up at an auction? ›

Auctions are open to the public and anyone can attend. Very occasionally, if there are many more buyers than usual, and more than the auctioneer expected, they may ask that space is made available as a priority to those wishing to bid.

Can a bidder withdraw his bid? ›

A bid may be withdrawn in person by a bidder or its authorized representative if, before the exact time set for receipt of bids, the identity of the person requesting withdrawal is established and the person signs a receipt for the bid.

Can I end an auction if someone has bid on it? ›

Yes, you may end the listing by cancelling all bids. You may be charged a final value fee based on the amount of the highest bid, or you may sell the item to the highest bidder. If your listing isn't eligible to be ended early, you can contact any bidders to explain the situation and ask them to retract their bids.


1. 4 Lascombe Lane, Puttenham, Guildford, Surrey - May 2022 Auction
(Clive Emson Land & Property Auctioneers)
2. 37 Rushfield Road, Liss, Hampshire - November Online Auction
(Clive Emson Land & Property Auctioneers)
3. Guide to selling a property at auction
4. Lot 47 - June Online Auction - The Dairy, North Court Farm, North Court Lane, Tilmanstone, Deal
(Clive Emson Land & Property Auctioneers)
5. 7 St Mary’s Cottages, The Street, St. Mary Hoo, Rochester, Kent - September Auction
(Clive Emson Land & Property Auctioneers)
6. Antiques Roadshow UK Series 14 Episode 1 at Alexandra Palace, North London
(UK VHS Archive)


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