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    Celebrating our 25th year in 2016, Pygott & Crone are a multi award winning Estate Agency with 12 offices throughout Lincolnshire specialising in all aspects of property and land, including Sales, Lettings, Auctions, Financial Services, Commercial, Agriculture, Surveying & Conveyancing, extending to over 650 offices nationwide as part of the Relocation Agent Network.

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    The company maintained its position as one of the UK's leading Estate Agents by, retaining the coveted title 'Agent of the Year' 2015 by the Relocation Agent Network.

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    2015 saw The Times and Sunday Times award Pygott & Crone 'The Best Medium Sized Estate Agent in the Midlands' for the 3rd year in a row and at the International Property Awards we achieved 5 star gold status awards for both sales and lettings.

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Choose Your Sales Method
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    Modern Method
    Upon the close of the auction, the successful purchaser is required to pay a reservation fee/deposit and sign a reservation form. In return for this the buyer reserves the right to unconditionally exchange contracts on a property at an agreed price within 28 days and complete 28 days thereafter. This method is more suited to the residential purchaser, allowing time for surveys and finance to be arranged.
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    Traditional Method
    Contracts are exchanged immediately, with completion taking place within the next 28 days. Complete security is provided but this method is more suited to the property professional as it is legally binding.
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    Choose Your preferred payment method

    Vendor Paid

    You can opt to pay the sales fee instead of the fee being charged to the purchaser. If you decide to do this we will take a non refundable deposit from the buyer secure the sale.

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    Reservation Fee (Paid by the Buyer)
    Under this payment method, the buyer will pay a non refundable reservation fee in addition to the purchase price. This covers the costs of the auction and as this is paid on a non refundable basis, you know the buyers is serious and in a proceedable position.
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    The Auction & Sales Progression
    Once you have selected your auction and payment type, you will be assigned a personal auction coordinator who will keep you updated with viewing feedback and bids. Your auction coordinator will become your point of contact; they will provide weekly activity updates and guide you through the process. Upon successful conclusion of the auction, our expert sales progression team will manage the sale through to completion and keep you updated at every step along the way.
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    Auction Packs

    If you decide to sell your property via auction, we will produce an auction pack on your behalf. These packs contain important information about your property that a potential purchaser needs when deciding whether to bid. These packs include the following things:

    • Local Authority Search

    • Property Information Questionnaire

    • Water & Drainage Search

    • Reservation Form or Contract

    • Title Plan & Register or Epitome of Title

    • General Terms & Conditions

    • Fixture & Fittings Form

    • Any special Conditions of Sale

    All sellers will be required to pay for the preparation of an Auction Pack. The cost is £199 + VAT.
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    Sellers Benefits


    An increase in interest on your property

    The pricing strategy that we employ creates increased levels of interest and viewings that heightened the chances of selling your property quickly.

    Achieve fair market value

    Think about how an owner of a piece of fine art maximises its value? They sell it at auction! Due to the increased marketing and unique pricing strategy that we operate, we guarantee to get you the fairest price in the current market. A property will always sell for what its worth, plus you have a reserve price so you know it won't sell for anything less than the one you are happy with.

    A fixed date to sell & move

    Fixed time scales for exchange & completion provide clarity for both parties. A fixed time scale is not often set when selling a property through private treaty with sales taking much longer than anticipated. This added security is a big benefit to most vendors looking to move forward with confidence.

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    If you are unsure about any of the information provided in this guide, please do not hesitate to contact a member of the Auction Department for further clarification.
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    Check which method the property you're interested in is being sold under

    Properties can be sold under two methods; the modern or traditional method.

    Modern Method

    The successful purchaser is required to pay a reservation fee /deposit and sign a reservation form. The buyer reserves the right to unconditionally exchange contracts on the property at an agreed price within 28 days and complete 28 days thereafter.

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    Traditional Method

    Contracts are exchanged immediately, with completion taking place within the next 28 days. Complete security is provided but this method is more suited to the property professional. We will require a 10% deposit paid on a non refundable basis and in some cases a reservation fee as well.

    Check if the property is subject to a reservation fee or deposit

    Reservation Fees

    If a reservation fee is due, this will be clearly shown on the specific terms and conditions on the individual property page. You should check if a reservation fee is due before bidding on any property. Sales are subject to a reservation fee which covers our costs, (unlike traditional property transactions where the seller pays the fee). This is a percentage of the final selling price, and is in addition to it. The reservation fee reserves the property for the buyer and must be paid at the end of the auction by the successful bidder. If the sale falls through due to an act of the vendor the reservation fee will be refunded in full.

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    Deposits

    If a deposit is due, this will be clearly shown on the specific terms and conditions on the individual property page. This is paid at the end of the auction and is held in a secure client account until exchange of contracts takes place. The amounts can vary on properties, so please check the terms and conditions.

    Auction Packs

    Buyers will be required to purchase the Auction Pack searches at £200 inc VAT.

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    Buyer benefits

    A quick & easy bidding process

    Buying a property through our auction couldn't be easier. You can bid from your desk, from the comfort of your home, 24 hours a day, 365 days a year.

    A wide range of properties

    Auction provides buyers with the opportunity to purchase realistically priced properties quickly and easily. All of the properties advertised through our property auction are offered by committed sellers at realistic prices. Many properties are vacant with no onward chain.

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    A secure transaction

    The auction method also gives transparency for both buyer and seller as the sale is in the public domain so the fear of gazumping or re-negotiation is completely removed.

    You can even buy with a mortgage

    Depending on which auction option has been selected, you will have between 28 - 56 days to complete on the property. If you are purchasing through the Modern Method of Auction there is usually enough time to purchase with residential auction finance.

    If you are unsure about any of the information provided in this guide, please do not hesitate to contact a member of the Auction Department for further clarification.

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    Our Bidding Process

    Ok so you've seen a property in our property auction that you want to bid on... Before you start you must be registered to bid. You can register to bid by navigating to the auction home page and clicking on the registration section in the top right hand corner on any page of the our website.

    However if you prefer you can call the auction department to register or place a bid on your behalf. Our team of property professionals can talk you through the bidding process and answer any questions you may have.

    Before placing a bid we strongly advise that you carry out market research and due diligence on any property you are interested in bidding on. Make sure to review any legal documents we will have for the subject property, these will be contained in the Auction Pack that you can download from the property details page. The information contained within the Auction Pack provides more information to help you to make informed decisions on whether or not to bid on the property and at what level.

    We recommend that before bidding you visually inspect the property internally and are completely happy with what's on offer. Full terms and conditions are viewable in the bidding section of each property page; please review the terms and conditions relevant to the property you are interested in. If you have any questions you can call the Auction Department where our team of professionals will only be too happy to help.

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    Starting Bids

    These are prices published for each property and are the level at which the bidding will commence. Starting bids are for guidance only and are not reserve prices. These prices may occasionally change throughout the marketing period.

    Online Auction

    A proportion of the properties offered for sale on the site are only offered through the online auction. Bidders benefit from being able to bid from the comfort of their own home 24 hours a day, 365 days a year. The auction software provides every bidder the chance to have one last bid as for every bid made in the last 10 minutes, the auction end time will be increased by 2 minutes making sure the highest bid wins the auction. Online auctions are identifiable by the purple bar located across the bottom section of the main picture on the individual property page.

    The Online Auction will start with an end date that will be clearly stated on the property details page in the "Countdown Clock". If the vendor decides to alter the auction date we will make every endeavour to contact all parties who have registered an interest to advise of the changes to the auction timeframes. Once the new end date has been set and all parties have been advised the auction will continue as normal.

    Auction Room

    If the property is flagged as "auction room" then the property will be offered for sale at one of our regional auction events, however it may still be possible to place a bid but you will need to contact the auction team to discuss doing so. Around 50% of the properties on the site are listed for sale by auction at one of our regional auction events. While these properties are listed on the website bids can be made before the auction end date however buyers are encouraged to come to the auction room and bid. Auction room properties are identifiable by the blue bar located across the bottom section of the main picture on the individual property page. There are a number of ways to bid remotely if you cannot make the auction date so please contact the auction team who will be more than happy to discuss the process with you.

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    Reserve Price

    This is the minimum price that is acceptable to the vendor for selling a subject lot in the auction. We do not publish reserve prices; this figure is a private agreement between the vendor and the auctioneer.

    Bidding Process

    Once you have made a bid, you will be kept up to date by email and via your auction dashboard which can be accessed by logging into our site. This will keep you up to speed with any properties that you have placed a bid on, or that you are watching.

    When counter-bidding on a property you must increase by a minimum of £500 from the previous bid.

    Once you have made the bid via the online system, you will be contacted by a member of our staff to make sure you are happy and to answer any questions you may have.

    We will have a number of questions for you regarding your buying position and we will need to obtain some proof of ID, address and also information regarding your funding of the purchase and any mortgage offers or decisions in principle.

    All properties will continue to be offered for sale until the end of the auction period unless we are instructed by our vendor to accept an offer prior to the completion of the auction. You must register your interest in the property at the earliest opportunity to avoid disappointment, either by "watching" the subject, or by contacting us directly.

    Once an online auction has ended and your bid is successful or if you have an offer accepted over the course of the auction period, there will be a maximum 48 hour period when you will be required to pay the reservation fee/deposit and sign an acknowledgment of reservation form.

    The reservation fee/deposit is to be paid by bankers draft or bank transfer, card payment or cheque. Please note, we will not proceed with the transaction until we are in receipt of cleared funds.

    The acknowledgment of a reservation form will be issued upon acceptance of an offer or upon completion of an auction when the highest bid is in excess of the reserve price.

    Once the acknowledgment of reservation form has been signed by the buyer and the payment of the reservation fee has been confirmed, memorandums of sale will be issued to the buyer, the buyer's solicitor, the vendor and the vendor's solicitor.

    Please note, if you are the successful bidder at one of our regional auction events you will be required to pay the reservation fee/deposit and sign an acknowledgment of reservation form immediately following the fall of the hammer.

    Following the distribution of the Memorandum of Sale to all parties the seller's solicitor will issue the draft contract to the buyer's solicitor. Once the buyer's solicitor is in receipt of the draft contract the 28 day period to achieve exchange of contracts will commence.

    In the event that a subject property is offered for sale on an unconditional basis, the buyer will be required to exchange immediately following the fall of the hammer or upon close of a successful online auction.

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    Exchange of Contracts

    The point at which vendor and purchaser exchange binding contracts with the payment of a deposit, at the same time agreeing to a completion date.

    Completion of Contracts

    This is the date you must make full payment for the property. The property is now yours and the vendor must handover the keys and vacate the property, congratulations!

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    Selling
    In a competitive property market it is the little differences that makes an Estate Agent stand out, and it is those little differences that make your property stand out. With 90% of property searches now starting online we give every seller a FREE Vidette / audio tour of their home which uploads to all the main property websites, combined with free newspaper advertising, 11 strategic locations in Lincolnshire and 650 Relocation Agent Network offices throughout the UK, you are sure to get the very best exposure.
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    Lettings

    Established for over 20 years our lettings teams are regulated by the RICS and ARLA ensuring they are fully up to date with the latest changes in Lettings legislation. Our dedicated staff are ideally placed to provided you with a complete service ranging from Let Only through to Fully Managed Properties.

    Within our structure we have defined roles starting with a front office sales team ensuring your property is put to the widest possible market. Our in house inventory clerks provide you with a detailed inspection report on the condition of your property, combined with photo evidence, this minimises the risk of a dispute at the end of the tenancy.

    Our specialist maintenance team ensure that the gas and safety certificates are up to date and any issues during the tenancy are dealt with promptly. Our accounts team are RICS regulated.

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    Legal Services

    Our conveyancing team are here to help you move, call us on 0844 244 0247 or click the Contact Sales Centre button above. 9am to 8pm Monday to Friday, 9am to 5.30pm Saturdays.

    SMS instant texting

    No move, no fee

    Fixed fee

    Internet updates

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    Commercial

    Our strength and position as one of the East Midlands leading Commercial Agents is demonstrated by the range of skills our qualified teams offer, combined with local knowledge and expertise.

    Our Commercial team covers all aspects of commercial property and development across the East Midlands. We specialise in industrial, offices, retail, development, business transfer, leisure, licensed premises etc. We have extensive expertise on property agency, landlord and tenant, commercial lending valuations, property and land acquisition.

    We act for all the main commercial lenders throughout the UK. Using the most modern technology we can market property effectively across the region and the UK as a whole.

    MIPIM - "The World's Property Market"

    Pygott and Crone attend the Mipim international property show in Cannes every year, promoting Lincolnshire and the Midlands region. MIPIM brings together the most influential players from all international property sectors - office, residential, retail, healthcare, sport, logistics and industrial - offering unrivalled access to the greatest number of development projects and sources of capital worldwide

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    Agricultural

    Our Agricultural team covers Lincolnshire and the East Midlands providing advice and services to farmers, land owners, investors, accountants and business managers.

    Acting for a wide range of clients at a local and national level, our FAAV qualified team are specialists in their field, ensuring our clients receive the best possible advice. We handle all aspects of farm and land sales, letting and management along with machinery and plant sales and auctions. Further services include rent reviews, tenancies, valuations, arbitration and compensation.

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    Where we're active

    Our Branch

    Our Branch

    Current Properties

    Note: Markers represent the centre of postcodes, not exact locations

    Find us

    36a
    Silver Street
    Lincoln
    LN2 1EW

    Telephone us

    Buying: 01522 418141  Local call rate

    Email us

    Contact us

    Disclaimer

    The content on this Microsite has been uploaded by Pygott & Crone, Auctions . Rightmove Group Limited makes no warranty as to the accuracy or completeness of the content, any queries should be sent directly to Pygott & Crone, Auctions . Where properties are displayed on a page, this comprises a property advertisement. Rightmove Group Limited who operate the website Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. These property advertisements do not constitute property particulars. The information is provided and maintained by Pygott & Crone, Auctions . Please contact the agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland and if you have any query over the content.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pygott & Crone, Auctions on 01522 812311.


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