DUNN BROS SW LTD AUCTIONS
These Terms & Conditions govern the contractual relationship between Dunn Bros SW Ltd (registered in England, No. 13885838) and the Purchaser, and include:
1.1. These Terms and Conditions;
1.2. The details provided in the Auction Sale Catalogue;
1.3. Any additional terms printed in the Catalogue, amended by saleroom notices or announcements by the Auctioneer.
“Agreement” – These Terms and Conditions.
“After-Auction Sale” – The sale of any Lot post-auction which did not meet its Reserve Price or where the Highest Bid was not accepted on Auction day.
“Auction” – Any auction conducted by Dunn Bros SW Ltd.
“Auction Site” – Any Dunn Bros SW Ltd premises where an auction is held.
“Auctioneer” – Dunn Bros SW Ltd, including authorised staff and representatives.
“Bidder” – A person registered with the Auctioneer and assigned a Bidding Number.
“Bidding Number” – A unique number issued to a registered Bidder.
“Buyers Premium” – The percentage fee due on top of the Hammer Price, as detailed in Clause 31.
“Commission Bid” – A bid submitted in advance to be placed by the Auctioneer on a Bidder’s behalf.
“Deposit” – A payment made by the Bidder as detailed in Clause 12.
“Hammer Price” – The final accepted bid amount for a Lot.
“Lot” – Any individual item offered for sale at auction.
“Payment” – Any funds received towards a Purchaser’s account.
“Purchaser” – The highest Bidder for any Lot.
“Purchase Price” – Hammer Price plus VAT and Buyers Premium (including VAT).
“Reserve Price” – The minimum bid a Vendor will accept for a Lot.
“VAT” – Value Added Tax, as applicable.
“Vendor” – The seller of the Lot.
3.1. The Bidder acknowledges that auction sites may present hazards. Entry is at the individual’s own risk. Dunn Bros SW Ltd accepts no liability for injuries, damage, or loss sustained on-site.
3.2. All Lots are sold via Reserved Onsite & Online Auction unless explicitly stated otherwise.
3.3. The Auctioneer acts solely as agent for the Vendor and accepts no responsibility for default by either party.
4.1. Bidders must register at least 24 hours before any Auction.
4.2. Admission to Auctions is at the Auctioneer’s sole discretion.
4.3. Unless confirmed otherwise in writing, Bidders act as principals. Agency representation must be disclosed at registration.
4.4. Bidders are responsible for all activity on their account. Third-party use is strictly prohibited.
4.5. Bidding Numbers may be revoked at any time.
4.6. By registering, Bidders consent to receive communications via SMS or email. See Privacy Policy.
5.1. A refundable Deposit (starting from £1,000) may be required on registration, dependent on required credit limits.
5.2. Bidders intending to spend over £50,000 (excluding VAT and fees) must notify the Auctioneer and may be asked for a 10% projected spend deposit.
5.3. Deposits are refunded in GBP if no purchase is made and no outstanding balance remains.
5.4. Deposits may be retained to offset prior debts.
5.5. Refund timelines may vary depending on card issuers.
5.6. Non-compliance with deposit terms may result in bid refusal.
6.1. Bidding opens no earlier than 21 days before the live Auction.
6.2. Commission Bids may be submitted online or in writing at least 24 hours before the Auction.
6.3. Commission Bids cannot be cancelled within 24 hours of the Auction.
6.4. Bidders are liable for all bids submitted on their account.
6.5. Bids are binding and irrevocable, even if placed in error.
6.6. The Auctioneer may reject bids or withdraw Lots at their discretion.
6.7. Online bidding is at the Bidder’s own risk.
6.8. The highest valid bid that meets or exceeds the Reserve becomes the winning bid.
6.9. Bids under Reserve remain binding for 48 hours post-Auction.
6.10. Accepted under-Reserve bids will be confirmed by updated invoice.
6.11. Any post-Auction negotiation must be agreed in writing.
7.1. Bidders may be contacted for 14 days post-Auction about unsold Lots.
7.2. Any sale requires written acceptance from both Vendor and Bidder.
7.3. After-Auction sales are subject to the same Buyers Premium unless varied at the Auctioneer’s discretion.
8.1. All Lots are sold “as seen,” with all faults.
8.2. Descriptions are for identification and are provided by the Vendor. No warranties are implied.
8.3. No guarantees are made regarding CE marking, documentation, fitness for purpose, or legal compliance.
8.4. Purchasers are responsible for inspecting Lots and ensuring compliance with relevant laws.
8.5. Lots remain at the Purchaser’s risk from the fall of the hammer.
9.1. Full payment is due within 7 days of the Auction.
9.2. Accepted payment methods: Bank transfer, Cash (<£5,000), Cheque, UK personal debit card (Chip & Pin).
9.3. International transfers must cover fees. Currency conversion rates are valid only on invoice date.
9.4. Third-party payments require prior written approval.
9.5. Late payments may incur interest at 4% above Bank of England base rate.
Cash payments are accepted up to a maximum of £5,000 per transaction. Any amount exceeding this limit must be paid by alternative approved methods such as bank transfer, cheque, or UK personal debit card. This policy is in place to comply with anti-money laundering regulations.
10.1. Unpaid Lots after 14 days may be:
Reconsigned and sold as unreserved
Subject to deduction of fees from sale proceeds
Passed to third-party auctions
Pursued through debt recovery (fees apply at 15% + VAT)
11.1. Buyers Premium is charged per Lot:
10% on the first £3,000
2.5% on the balance (if applicable)
Plus 20% VAT on the Premium.
11.2. VAT on Hammer Price:
UK & Non-EU Bidders: 20% VAT
EU Bidders: VAT exempt with valid export proof within 30 days
Refunds subject to documentation
VAT re-applied if export proof is not received.
12.1. Lots must be collected within 3 weeks of the Auction.
12.2. Storage charges: £10 per Lot per day after 3 weeks.
12.3. Auctioneer may resell uncollected Lots.
12.4. Risk transfers on hammer fall. Ownership transfers after full payment.
12.5. The Auctioneer is not liable for delays or missing items post-sale.
13.1. No collusion between Bidders and Vendors is permitted.
13.2. Errors in bidder number allocation do not invalidate a purchase.
13.3. All Bids are made in GBP. Exchange rates are advisory only.
14.1. If the Purchaser is also a Vendor, Dunn Bros SW Ltd may offset accounts.
14.2. Contra balances may be amended and will apply to oldest debts first.
15.1. These Terms constitute the entire agreement.
15.2. Any variation must be in writing and agreed by both parties.
15.3. Governed by UK law. Jurisdiction: UK Courts.
16.1. Additional fees may apply when using third-party platforms (e.g. BidSpotter, iBidder).
16.2. Bidders are responsible for reviewing external platform terms.
16.3. Disputes over such fees are not grounds for non-payment.
16.4. Direct registration through Dunn Bros website is encouraged to avoid extra charges.
By participating, you agree to receive marketing messages from Dunn Bros SW Ltd via email and SMS. You may opt out at any time.
INTRODUCTION
1.1. these terms and conditions;
1.2. the information as detailed in the sale catalogue for each Auction; and
1.3. any additional notices and terms printed in the sale catalogue in each case as amended by any saleroom notice or Auctioneer’s announcement.
“Agreement” means this agreement
“After-Auction Sale” means the selling/sale of any Lot which did not meet its Reserve Price or where the Highest Bid was not accepted by the Vendor on the Auction Date
“Auction” means any Auction undertaken by Dunn Bros SW Ltd
“Auction Site” means any Dunn Bros SW Ltd premises from where an Auction is conducted
“Auctioneer” means Dunn Bros SW Ltd, its staff, representatives, and person and persons for the time being authorised by the Auctioneer to have the conduct of an Auction
“Bidder” means any person who has registered with the Auctioneer and has been issued with a Bidding Number for an Auction
“Bidding Number” means the unique bidding number assigned to the Bidder upon registration with the Auctioneer for an Auction, whether physical or online
“Buyers Premium” means the percentage payment as detailed in Clause 31 of this Agreement due by the Purchaser to the Auctioneer upon the sale of any Lots
“Commission Bid” means a bid placed by the Auctioneer on behalf of a Bidder up to a pre-agreed maximum amount prior to the Auctions start date and time
“Deposit” means any amount payable in accordance with Clause 12 below.
“Hammer Price” means the highest bid for any Lot accepted by the Auctioneer at an Auction or After-Auction Sale
“Lot” means any individual single part of a consignment put up for Auction by the Auctioneer
“Payment” means an amount received on Purchasers account
“Purchaser” means the highest Bidder for any Lot
“Purchase Price” means the sum total of the Hammer Price plus VAT and the Buyers Premium plus VAT
“Reserve Price” means the minimum Bid amount that the Vendor is willing to accept for the sale of the Lot at Auction or as an After-Auction Sale
“VAT” means the applicable tax payable to HMRC
“Vendor” means the seller of any Lot
TERMS AND CONDITIONS
5.The Auctioneer sells as agent for the Vendor and as such is not responsible for any default by Vendor or Purchaser.
REGISTRATION
DEPOSITS
12.1 Where Bidders intend on spending upwards of £50,000.00 excluding VAT and Buyers Premiums, they must notify the Auctioneer at Registration. The Auctioneer may then request that the Bidder pay an amount equivalent to 10% of their projected spend.
12.2. All deposits will be taken and returned in Pound Sterling.
12.3. Deposits will only be refunded if no purchase is made and where the Bidder has no balance outstanding in any other capacity from a previous Dunn Bros SW Ltd Sale. Pursuant to Clause 12.2 where any deposit payments have been made via International Transfer, the Bidder acknowledges that the Auctioneer will not accept any claim made against it, where the exchange rate is not in the favour of the Bidder upon the return of the deposit.
12.4. In cases where the Bidder has an outstanding balance from any other Sale the Auctioneer reserves the right to consider this deposit as payment on account.
12.5. Card deposits may need to be completed as a Payment if there are issues connected with Purchasers account. Please note card refunds may take more than 7 days to be credited to Purchasers bank account dependant on their banking provider.
12.6. The Auctioneer reserves the right to refuse the bid of any Bidder who does not comply with the provisions of this Clause 12 in its entirety.
BIDDING
14.1 Commission Bids will only be accepted and executed by the Auctioneer where formal written instruction has been received no later than 24hours prior to the Auction and where Clause 12 of this Agreement has been satisfied.
14.2 The Bidder acknowledges and allows the Auctioneer access to their online account for the purpose of placing a Commission Bid, upon formal written instruction. The Auctioneer shall not be liable for any claims or costs arising from its failure to execute any Commission Bids placed.
14.3 Commission Bids cannot be cancelled without 24 hours’ notice.
AFTER-AUCTION SALES
23.1. Where a Bidder engages in an After-Auction Sale and an agreement is made for the sale of a Lot formal written acceptance from both the Bidder and the Vendor is required to complete the sale.
23.2. Without prejudice to Clause 31. any Lots sold as part of an After-Auction Sale will be subject to the same Buyers Premium as it would have been had it sold at Auction. Any amendments to the Buyers Premium shall be at the Auctioneers sole and absolute discretion.
26.1 Each and every Lot shall be sold ‘as is, where is’. Specifically, but without limitation, the Auctioneer makes no representation or warranty that any of the Lots:a) Conform to any standard in respect of safety, pollution or hazardous material or to any standard of requirement of any applicable authority, law or regulation, orb) Are fit for any particular purpose, orc) Are merchantable or financeable, ord) Are of any particular age, year of manufacture, model, make or condition.
26.2 The Purchaser agrees he has satisfied himself and is not relying on the Auctioneer for any matter in respect of the above. Bidder further agrees to repair, at his cost, any Lot purchased to a safe operating condition and without limitation to a condition which meets any standard or requirement of any applicable authority, law or regulation including those concerning any use to which the Lot may be put.
26.3 The Auctioneer will not be held liable or responsible where a Bidder or Purchaser has not satisfied themselves with the Lot and its compliances in relation to Clause 26 in its entirety
BUYING FEES
31.1. Buyers Premium is charged per Lot. Any changes or amendments to the Buyers Premium will be actioned at the Auctioneers absolute discretion.
32.1. VAT on the Hammer Price
32.2. Vat is payable on all Lots at 20%, except for where the Purchaser is validly registered for VAT in a European Union state outside the United Kingdom and provides to the Auctioneer’s satisfaction third party proof that the Lot has been exported from the UK within 30 days from the date of the Auction. Failure to provide proof of export within 30days of the Auction will result in the VAT being reapplied to the Purchasers account and the Auctioneer will raise an invoice for the outstanding VAT amount.
32.3. Non-EU Purchasers VAT is payable by the Purchaser on the Hammer Price of all Lots at 20%. The Purchaser can request a refund of this VAT from the Auctioneer provided the Purchaser provides to the Auctioneer’s satisfaction an original bill of lading in connection with the purchased Lot.
32.4. UK Purchasers VAT is payable by the Purchaser on the Hammer Price of all Lots at 20%. This VAT amount can be reclaimed by the Purchaser from HM Revenue & Customs.
32.5 VAT on Buyers Premium. All Purchasers will be charged VAT on the Buyers Premium at the rate of 20%.
32.6. In all cases the Auctioneer reserves the right to make its own enquiries with any third parties necessary to ascertain if any evidence of VAT registration produced to the Auctioneer by the Purchaser for the purposes of reclaiming VAT is valid.
32.7. VAT will be rechargeable on any lots that have been exported out of the UK.
PAYMENT
33.1. The Auctioneer will accept the following as means of Payment subject to the conditions below: Bank Transfer, Cash, Cheque, Personal Debit Card - Chip and Pin only - no charge. Cheques are accepted but are subject to the Bank Clearing System, which can take up to 5 working days.Cash will only be accepted under the value of £5,000 – cash over this threshold will not be accepted. Non-UK Personal and Business Cards are not acceptable for Payment but can be used as a Deposit. Credit Card and UK Business Debit Cards are not accepted for Payment. Payments should be made in Pound Sterling. Any, International Bank Transfers need to include any additional bank transfer fees. Invoices can be issued in other currencies, as guidance only. However, the exchange rate is only valid on the day the invoice was raised and payment is expected to be made on same day. Any shortfall on currency exchange is the Purchaser’s responsibility. Payments from a Third-Party source will not be accepted unless Auctioneer has received express authority from Purchaser and have deemed themselves satisfied as to the authenticity of payment.
35.
Non-Payment Policy
The auctioneer reserves the right to take the following actions if payment in full for any lot is not received within 14 days of the sale:
STORAGE OF PURCHASED LOTS
PURCHASER IS VENDOR
50.1. In relation to Contras:
Terms & Conditions – Buying Fees & Use of Third-Party Bidding Platforms
These Terms & Conditions govern the use of our website and services provided by Dunn Bros. By registering for and participating in auctions, you agree to comply with these Terms.
2.1 All purchases made through our platform are subject to applicable Buyer Premiums, as outlined in our fee structure.
2.2 Bidders using third-party bidding platforms will be responsible for any additional fees imposed by those platforms. These fees will be recharged by Dunn Bros to the bidder, in addition to standard buyer premiums and charges.
2.3 The applicable third-party bidding platforms currently include, but are not limited to:
2.4 Dunn Bros is not responsible for any additional charges or terms imposed by third-party bidding platforms. Bidders are responsible for reviewing and understanding the terms of such platforms before participating.
3.1 Any disputes regarding additional fees incurred due to third-party bidding platforms will not be grounds for refusal of payment. By using these platforms, the bidder acknowledges and accepts responsibility for any associated costs.
3.2 Failure to settle invoices, including third-party bidding fees, may result in penalties, account suspension, or legal action.
4.1 To avoid additional fees, bidders are encouraged to register and bid directly through our website.
4.2 A notice regarding these additional fees will be prominently displayed on our website under the "Buying Fees" section.
Dunn Bros reserves the right to amend these Terms & Conditions at any time. Updates will be published on our website, and continued use of our services constitutes acceptance of any modifications.
Marketing Consent Clause
By participating in our auction, you acknowledge and agree that the auctioneer reserves the right to add bidders, vendors, and buyers to our marketing database. This database may be used to send marketing communications, including but not limited to, email and SMS messages.
You retain the right to opt out of receiving such communications at any time. Instructions for opting out will be provided in every marketing message or can be requested directly from the auctioneer.