Bidder Registration
sam fongho
Business Development Director at Midas Property Club (Development sites and property Acquisitions)
Register for remote bidding Before you start Please note you will require the following documents in order to proceed: ? Buying in your sole name – personal details and your debit card details. ? Buying in joint names – personal details for each party/parties and your debit card details. ? Bidding on behalf of someone else – a signed letter of authority, personal details for yourself and the purchaser(s) and your debit card details. ? Funds being provided by a 3rd party (such as a relative i.e. not including a bank or financial institution) – personal details for each party and your debit card details. ? Bidding on behalf of a company – certificate of incorporation, company registration number, personal details for yourself and all shareholders owning 25% or more share capital, and your debit card details. If you are not a Director listed on Companies House, you will also require a letter of authority signed by the majority Directors/Shareholder(s). ? Buying and you are a non-UK resident - personal details and details of your UK Solicitor (who must email us prior to the auction at [email protected] to confirm that they have been instructed to act on your behalf). You will also be required to transfer your deposit (10% of your maximum bid subject to a minimum of £5,000) and the administration fee of £2,340 (inc. Vat) to our client account in cleared funds in advance of the auction (this will be refunded if you are unsuccessful which can take up to 10 working days). Please do not proceed unless you have ALL the necessary information to hand as you will NOT be able to complete your application.