Terms and Conditions

IMPORTANT

These terms and conditions apply to all online bidding at auction sales conducted by or in conjunction with Lets Bid Property Ltd ("Lets Bid"). By registering to participate in an auction sale (a "Sale") via Lets bid, you expressly agree to these terms and conditions.

Before making a bid we strongly recommend that you take professional legal advice and in appropriate cases, a chartered surveyor and an accountant.

Lets Bid Terms and Conditions are supplemental, meaning that they shall apply in addition to the general Conditions of Sale and other terms and conditions applicable to bidders and buyers participating in the subject Sale (collectively, the "Bid Conditions") and shall be deemed incorporated by reference and made a part of the Bid Conditions for such Sale. The general Bid Conditions for the Sale (the "catalogue") are on our www.letsbidproperty.co.uk. Additional information applicable to the Sale may also be set on our web site and it is your responsibility to review that information. In registering to bid at any Sale, you agree to the applicable Bid Conditions.

 

In addition, use of the Lets Bid Online Bidding service is at all times subject to the Lets Bid Conditions of Web Site Use.

References in this document to "Lets Bid", "we" or "us" mean Lets Bid Property Ltd and any successors and assigns thereto. References herein to "you" and "your" mean the person or entity registering to bid or bidding in a Sale via the Online Bidding service.

 

1. Registration
   1. Before you can bid via Online Bidding, you must register to bid online. The registration page can be accessed by clicking here . Please note that you must be registered at least 24 hours prior to the start of any Sale or you may not be able to bid online in that Sale.
   2. Once you have registered you should keep your account details strictly confidential and you must not permit any third party to use or access your account on your behalf or otherwise. You will be liable for any and all bids made via your account.
   3. You will need to register for each Sale that you wish to bid on. This can be done on the relevant Sale details screen.
       
2. Online Bidding Process
   1. Once you have successfully registered for Online Bidding in a Sale, you will be eligible to bid online at that Sale.
   2. During a Sale, you can bid for a lot by clicking the Bid button. Each bid shall be final and binding as soon as you click the Bid button.
   3. The current bid will be displayed on your screen during the Sale. In the event of a tie between a bid placed by you online and any other identical bid(s), it will be at the auctioneer's discretion as to which bid shall be accepted.
   4. You acknowledge that you are bidding in a live auction and you agree that each bid submitted as provided in these terms and conditions is irrevocable and cannot be amended or corrected, even if submitted in error and notified to us. You accept full liability for all bids submitted via your Online Bidding account (including the liability to pay in full and on time in accordance with the Bid Conditions for any lot that is the subject of a successful bid submitted from your account).
   5. Please note that Lets Bid reserves the right to reject a registration to bid online, withdraw its permission for you to use Online Bidding, or terminate an Online Bidding account, for any reason at any time prior to, during or after a Sale.

 

      3.    The conduct of the auction

 

This section regulates the conduct of the auction. If you bid for a property which is offered for sale by conditional auction you do so on the basis that you accept them.

     

      4.   Conditions of reservation

If you win a conditional auction for a property you must sign a reservation form under which you agree to be bound by the conditions of reservation relevant to that property. The conditions are legally binding.

     

      5.   After the Sale

To find out if you have been successful in your bidding, you may check the results that are published online after the Sale.
You agree to pay for and collect any lot that is the subject of a successful bid submitted by you or from your Online Bidding account, in accordance with the Bid Conditions.

       6.  Use of the Online Bidding Service and Limitations Of Lets Bid's Liability

i.    Lots are available for inspection prior to any Sale, and it is for you to satisfy yourself as to each and every aspect of a lot. You are strongly advised to examine in person any lot on which you may bid or have it examined on your behalf before any Sale.

ii.    The content displayed via the Online Bidding service may contain inaccuracies and typographical errors and we do not warrant the accuracy or completeness of the content or that any defects will be corrected. Any reliance on any such content, advice, statement, or other information shall be at your sole risk. We reserve the right, in our sole discretion, to correct any errors or omissions in any portion of the Online Bidding service and to make any changes to the features, functionality or content of the Online Bidding service at any time.

iii.    Access to the Online Bidding service is made available as a convenience and on a temporary basis, and we reserve the right to suspend or terminate any aspect or feature of the Online Bidding service (including the Online Bidding service in its entirety) at any time, with or without notice. Without limiting the foregoing, we may suspend access to Online Bidding to carry out scheduled or unscheduled maintenance or for any other reason at any time.

iv.    WE ACCEPT NO LIABILITY FOR ANY FAILURE OR DELAY IN EXECUTING BIDS OR ANY ERRORS CONTAINED IN BIDS PLACED VIA THE ONLINE BIDDING SERVICE.

v.    LETS BID AND ITS SUPPLIERS PROVIDE THE ONLINE BIDDING SERVICE AND THE LETS BID WEB SITE "AS IS" AND WITHOUT ANY WARRANTY OR CONDITION, EXPRESS, IMPLIED OR STATUTORY. WITHOUT LIMITING THE FOREGOING, WE ACCEPT NO LIABILITY FOR ANY FAILURES, DELAYS OR ERRORS CAUSED BY INTERRUPTIONS IN THE AVAILABILITY OF THE ONLINE BIDDING SERVICE OR OUR WEB SITE OR ANY ERRORS OR DEFECTS IN THEIR CONTENT OR FUNCTIONALITY, ANY SOFTWARE AND/OR HARDWARE DEFECTS (WHETHER YOURS OR OURS) AND/OR ANY INTERNET CONNECTION PROBLEMS (WHETHER YOURS OR OURS), AND WE DO NOT REPRESENT OR WARRANT THAT THE ONLINE BIDDING SERVICE OR THE WEB SITE WILL BE ERROR-FREE, FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT ANY DEFECTS WILL BE CORRECTED.

     7. Changes to These Terms and Conditions

We may from time to time make changes to these terms and conditions. Any changes will be posted on our website at  www.letsbidproerty.co.uk and we will endeavour to notify you of the same by means of a notice and link to the revised terms on our web site. Please review these terms and conditions regularly to ensure you are aware of any changes made by us. If you use Online Bidding after changes have been made and posted, you shall be deemed to have agreed to such changes. If you do not agree to such changes, you should not make any subsequent use of the Online Bidding service.

 

      8. Governing Law

These Lets Bid Online Bidding Terms and Conditions shall be governed by, and construed in accordance with, the laws of England.