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Savills auction catalogue

Savills auction catalogue 2025

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The document is an addendum for the Savills Auction Sale held on September 15, 2014, at the Marriott Hotel in London. It outlines important buyer responsibilities, including the need to review auction notices and legal documentation before bidding. The document lists various lots available for sale, along with amendments to their descriptions and conditions. It emphasizes that a legally binding contract is formed upon the fall of the gavel and details requirements for deposits and fees associated with purchases.

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How do house auctions work in the UK?

Selling houses at auction in the UK The auction itself will either be held in person or, as has now become common, online property auctions give buyers the chance to bid from home. On the day of the auction, potential buyers will receive a bidding number, which acts as their identification during the bidding process.

How much do auctions charge to sell?

To cover the costs of making this magic happenthink employee salaries, marketing, rentwe charge a standard auction house commission. That commission typically falls between 20% and 35%, depending on the value of your item.

How do I complain about an auction house in the UK?

If you arent satisfied with the service you got at an auction, complain first to the auction house. Then, if the complaint is not resolved to your satisfaction, you should contact any trade body they claim to be a member of, as the trade body will usually offer some form of arbitration service.

What is the fair fee for auctioneers?

Commission: Auctioneers often charge a commission, representing a percentage of the auctions gross sales. A 10% to 15% commission is typical for this profession.

How much does savills charge for selling auctions?

Savills Auction Fees Savills charge a standard auction commission fee of 2.5% + vat. The auction fee Savills charge depends on the selling price. They charge: 2.5% + vat on properties up to .

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How much does savills charge for auction sellers?

Savills Auction Fees Savills charge a standard auction commission fee of 2.5% + vat. The auction fee Savills charge depends on the selling price.

How much does Sothebys charge sellers for auctions?

Sothebys standard sellers commission is 10% of the hammer price. Minimum $500 sellers commission applicable to any lot with a low estimate of $5,000 or less, whether sold or unsold.

What is the name of the auction house in London?

Christies. Christies is a British auction house founded in 1766 by James Christie. Its main premises are on King Street, St Jamess in London, and it has additional salerooms in New York, Paris, Hong Kong, Milan, Amsterdam, Geneva, Shanghai, and Dubai.

Savills auction catalogue 2025

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How do house auctions work in the UK?

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How much does savills charge for selling auctions?

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