Minster Auctions are committed to achieving the best possible prices for our vendors, be that for a single item or a collection. The service we provide to our clients is especially important to us and our experienced team of specialists will research your items to gain maximum exposure to targeted markets.
Collection
To arrange collection of furniture and larger collections we can provide two men and a van at £50 plus VAT per hour or three men and a van at £65 per hour plus VAT.
House Clearance
Minster Auctions can provide a full house clearance service where all items that are deemed saleable are auctioned on the vendor or estates’ behalf and the remaining unsaleable items removed for environmentally friendly disposal for a charge.
Entering Items
When we have valued your items you can consign them for auction. To do this, the client will have to provide ID in the form of proof of full name and address by providing a photographic driving licence or passport and a utility bill.
This is to fulfil existing Anti-Money Laundering Regulations. We will give you a receipt which you will be asked to sign authorising us to auction your items, and this receipt will list our terms and conditions.
This receipt will list the items you have consigned for auction along with any reserves agreed.
For each auction you have entered items into, prior to the auction you will receive a pre-sale notification either by email or post detailing your items, their lot number, estimates and reserves.
After the Auction
Sale results will be published on our website and vendors will be sent post sale results by email.
Payment to vendors will be made no later than 21 days after the auction, only on the basis that we have received full payment from the buyer. We act as agents between the buyer and vendor and cannot be held responsible if the buyer does not pay. We cannot pay you until we have received full payment from the buyer.
If the vendor has unsold lots, by agreement they can be entered into a future auction. If you would like to collect your unsold lots, this must be done within 7 working days of the auction, after which storage charges will apply at £5 per lot per day.
Vendor’s Charges
Vendor’s Commission
16% Commission of the hammer price on each lot
£3 per lot entry fee
Electrical Testing
All electrical items must have a Portable Appliance Test (PAT) carried out by a qualified electrician. If they have not been PAT tested prior to arrival, Minster Auctions will undertake to have the item tested at a charge of £5 per lot to be paid by the vendor.
All the above charges are subject to VAT at the current rate which is presently 20%.