1 bed Flat For Sale £100,000
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller's solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.
The Buyer's Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6,000 including VAT plus an administration charge of £354 including VAT, a total of £6,354 This secures the transaction and takes the property off the market.
The Buyer's Premium and administration charge are in addition to the final negotiated selling price.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by goto Group any successful purchaser will be required to pay £354.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
• You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
• Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Key Features: Buy-it-Now option available
Being Sold by goto Online Auction
Buyer's fees apply
Tenure - leasehold
Length of lease - 966 years remaining
Annual ground rent amount - included in the service charge
Ground rent review period - reviewed with the service charge
Annual service charge amount -£2,364.80
Service charge review period - reviewed yearly
Council tax band - C
The Buyer's Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6,000 including VAT plus an administration charge of £354 including VAT, a total of £6,354 This secures the transaction and takes the property off the market.
The Buyer's Premium and administration charge are in addition to the final negotiated selling price.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by goto Group any successful purchaser will be required to pay £354.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
• You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
• Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Key Features: Buy-it-Now option available
Being Sold by goto Online Auction
Buyer's fees apply
Tenure - leasehold
Length of lease - 966 years remaining
Annual ground rent amount - included in the service charge
Ground rent review period - reviewed with the service charge
Annual service charge amount -£2,364.80
Service charge review period - reviewed yearly
Council tax band - C
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