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proxy bidding


It is strongly recommended that you make every effort to attend the auction and bid in person. However, in the event that you are unable to attend, it is possible, by prior arrangement, that you can authorise the Auctioneer to bid on your behalf up to a specified limit.
However, you must provide Herbert R Thomas with:
1. A confidential proxy bidding form for each lot (found at the back of each Catalogue to be delivered at least 2 working days prior to the sale to our offices at 59 High Street Cowbridge. Vale of Glamorgan CF71 7YL (ref: W Philip Thomas) (it is recommended that you contact us to confirm receipt thereof).
2. A signed Memorandum (found on the inside back cover), to be returned to our offices at 59 High Street Cowbridge. Vale of Glamorgan CF71 7YL (ref: W Philip Thomas) at least 2 working days prior to the sale (it is recommended that you contact us by telephone confirm receipt thereof).
3. A banker’s draft, Telephonic Transfer, solicitor’s client account cheque or personal cheque for 10% of the maximum amount or price guide of the bid for each Lot.

The Bidder must also:

1. Read the Important notices to Bidders, the particulars of the relevant Lot in the catalogue; the General and Special Conditions of Sale and the Addendum
2. Have taken all necessary professional and legal advice and to have made enquires and have knowledge of any announcements to be made on the day of the sale of any amendments relating to the relevant Lot.

• The Auctioneers will bid, if necessary, up to the amount stated on the Proxy Bidding Form but it should be noted that Herbert R Thomas reserve the right not to bid on behalf of proxy bidders in the event of any errors, doubt, omission, uncertainty, as to bid, or for any reason whatsoever, and give no warranty, or guarantee, that a bid is made behalf of the Bidder and accept no liability.
• Proxy bids for an exact amount (but not for example for £100 above the last bid) must be submitted.
• In the event that the Proxy bidder is successful, the Auctioneer will sign the Memorandum of Agreement on behalf of the Vendor (a Contract would have been formed on the fall of the hammer).
• In the event of a Contract being exchanged, the deposit monies will be applied to the Memorandum. Any balance over 10% will not be returned and will form an increased deposit.
• In the event that the Bidder is unsuccessful in gaining the contract, the deposit monies shall be returned to the Bidder promptly.
• These instructions may be withdrawn by the prospective purchaser in writing up to 4 hours prior to the start of the auction. It is the prospective purchaser’s responsibility that the Auctioneer has received the instructions.
• The Auctioneer will accept no liability whatsoever for any bid not being made on behalf of the prospective purchaser for any reason whatsoever nor will Herbert R Thomas LLP be held liable for any loss or claim relating to these services.

For the application form please click here.

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