The Reserve Price is the minimum amount a seller will accept for their property. If a property sells for the Reserve Price or more, the seller is obligated to sell.
The Auction Legal Pack contains all the important documents for prospective buyers to view before the Auction. The documents include the title document, deeds, searches, contract of sale, etc. The Auction Legal Pack is compiled by the sellers solicitor.
You can make an offer prior to an Auction by sending it to our dedicated team, who will share it with the seller and provide acknowledgement of it. Offers must be made in writing to auctions@cottons.co.uk. Verbal offers will not be accepted.
When registering to bid for an Auction you will be asked to provide an accepted form of photographic ID as proof of your identity. The most commonly-accepted forms of ID include a current signed Passport, a photo card Driving Licence and a Utility Bill/Bank Statement as Proof of your Address.
