Deposits and Payments
Please note – We do not accept any form of debit or credit cards and we are currently unable to accept cash payments. See below for details.
Proxy Bidding
To be able to bid by proxy, the required pre-sale deposit payment is 10% of your maximum bid price, subject to a minimum of £3,000, unless the Guide Price of the Lot is less than £3,000, in which case the minimum deposit is £1,000. If you are the successful bidder this amount will be your successful bid deposit otherwise it will be refunded. If you wish to bid on more than one Lot, a separate pre-sale deposit is required for each Lot.
Internet and Telephone Bidding
Pre-sale deposit – To be able to bid on the internet and by telephone on any Lot with a guide price of £3,000 or greater we require a pre-sale deposit payment of £3,000. If the guide price is below £3,000 we require a pre-sale deposit of £1,000. If you are the successful bidder this amount forms part of the successful bid deposit otherwise it will be refunded. If you wish to bid on more than one Lot, only one pre-sale deposit is required. Successful bid deposit – A non-refundable 10% deposit (minimum £3,000 or the full value of the Lot whichever is the lower) on all successful bids must be paid by online transfer, cheque or bankers draft (made payable to SVA Property Auctions Ltd) on the day of the sale. The pre-sale deposit from the successful bidder will form part of this payment.
Please see our Notice to all Bidders and Terms and Conditions for Remote Bidding and our General Conditions of Sale for further details. Please note we do not accept any form of credit or debit card and we are now not able to accept cash deposits.
