Hollis Morgan | Essential Guide to Buying @ Auction

identification and anti money laundering hollis morgan BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT

The primary UK legislation covering anti money laundering and financing of counter-terrorism is:  Proceeds of Crime Act 2002  Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017  Terrorism act 2000 In accordance with these requirements please note that any person bidding at auction MUST produce documentation to confirm their name and residential address.

For each purchaser you must provide TWO FORMS OF ID, one document from each list

Identity documents:  Current signed passport  Current UK Photo card driving licence  Resident permit issued by the Home Office to EU Nationals  Inland Revenue Tax Notification  Firearms Certificate  An identity card issued by the Electoral Office for Northern Ireland.

Evidence of address:  Current UK Photo card driving licence  A utility bill issued within the last 3 months  Local authority tax bill (current year)  Bank, building society or credit union statement  Most recent mortgage statement from a UK lender

Please find opposite a schedule of acceptable documentation.

Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2021 v2

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about our auction properties

GUIDE PRICE An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. RESERVE PRICE The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. AUCTION PROPERTY DETAILS DISCLAIMER Hollis Morgan endeavour to make our sales details clear, accurate and reliable as possible, in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller.

Information is correct at time of publication. © Hollis Morgan Property Limited 2022 [v1:22]

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