Land Adj Barley Sheaf House, Main Road, Holland Fen

BUYING CONDITIONS
This property is for sale by the Modern Method of Auction.
Should you view, offer, or bid on the property, your information will be shared
with the Auctioneer, iamsold.  This method of auction requires both
parties to complete the transaction within 56 days of the draft contract for
sale being received by the buyer’s solicitor.



 



This additional time allows buyers to proceed with mortgage
finance (subject to lending criteria, affordability, and survey).  The
buyer is required to sign a reservation agreement and make payment of a
non-refundable Reservation Fee. This being 4.2% of the purchase price including
VAT, subject to a minimum of £6,000.00 including VAT.  The Reservation Fee
is paid in addition to purchase price and will be considered as part of the
chargeable consideration for the property in the calculation for stamp duty liability. 

BUYERS INFORMATION PACK
Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would
be funded.  This property has a Buyer Information Pack which is a
collection of documents in relation to the property. The documents may not tell
you everything you need to know about the property, so you are required to
complete your own due diligence before bidding. A sample copy of the
Reservation Agreement and terms and conditions are also contained within this
pack.  The buyer will also make payment of £300.00 including VAT towards
the preparation cost of the pack, where it has been provided by iamsold. The
property is subject to an undisclosed Reserve Price with both the Reserve Price
and Starting Bid being subject to change.