Sellers Terms and Conditions
First 30 Vendors Sell for free’ Terms
Guarantee:
The first 30 Vendors to sell their property at a YooWin Auction will sell their property for free.
Terms & Conditions
Definitions:
- Vendor / seller / legal owner – meaning you, the legal owner & person who is applying to sell
your property at YooWin auction. - Auctioneer – meaning us, YooWin Limited and its staff.
- The Offer – The ‘First 30 Vendors Sell for free’ is defined as the first 30 lots to be sold
unconditionally at a YooWin auction, whether in a group auction or individual. - Sell at auction – a property is considered sold when the reserve is met or exceeded when the
virtual gavel goes down. - Suitable property/lot – a single vacant property, probate property, development site, or plot of
land. With a final sales value of the lot of £500,000 to £1,500,000. - High value property – a single vacant property listed in a YooWin auction at over £1,500,000
- Group Auction / Portfolio sale – A ‘lot’ containing 2 or more units, properties, sites, or plots.
- Connected Persons – “Connected” has the meaning given in section 1122 of the Corporation
Tax Act 2010 and includes a person who subsequently becomes connected. – Including but
not limited to; your spouse, civil partner, or someone you live with, your children, parents,
siblings or other close family members, anyone who depends financially on you, any
associated trust, company or structure that you or a family member or connected person or
business associate is the ultimate beneficial owner of.
You must:
- Apply for the offer by following the Application process detailed in this document.
- Notify us in writing to info@yoowin.co.uk should any details (of yours or the property) change
within 24 hours.
General Terms:
- This offer will expire by 3 rd December 2025.
- YooWin reserves the right to amend the expiry dates of this guarantee without notice, and
without reason. - The final list of successful sales qualifying for this guarantee may be published or provided by
YooWin to vendors who have qualified (i.e. have completed all necessary steps laid out within
this document) for this guarantee. The details provided within this list are published at the
discretion of YooWin only. - YooWin does not provide any assurance on our response time to any communications,
applications or claims regarding the guarantee. - By proceeding with the application and/or claims process for this offer, the Vendor agrees to
the terms contained within this document. - YooWin does not accept any liability for any of your communications that are missed including
but not limited to communications which fall into junk, are caught by our company spam
filters, any phone calls to YooWin which are missed, any phone calls to YooWin which have
been taken to voicemail or answered by a colleague who is not directly employed by YooWin,
any direct mail which is not signed for by a direct employee of YooWin. - Any High Value property sales, or Portfolio sales are subject to separate terms including but
not limited to; the cost of Enhanced Marketing methods, and an additional 0.15% + VAT fee
(of the final sale price of the property or lot). Please contact us to request the terms for High
Value property sales or Portfolio sales. - YooWin reserves the unilateral right to make the final decision as to whether any claim by the vendor is upheld or not. Their decision is final.
- Properties will be listed at auction on a first come first served basis, in the order that the
- Vendors complete the onboarding process listed below. Regardless of the initial date of their enquiry.
- In case of any dispute, we will rely on the time stamps given by our servers as to the time of exchange/sale (i.e. when the virtual gavel goes down).
- YooWin reserves the right to decide whether any photos or floorplans provided by the vendor are suitable and acceptable for use.
- It is the vendors responsibility to ensure suitable methods of posting/delivering the sets of keys to YooWin. YooWin accept no responsibility for any keys which go missing en-route to us. We suggest you use a reputable delivery service and ensure parcels are tracked & signed for.
- YooWin reserves the right to refuse access to the auction for any reason, and do not need to provide a reason for their decision.
- The listing & reserve price must be mutually agreed with YooWin.
- The vendor must allow unfettered access to YooWin and any 3 rd parties to carry out viewings, inspections and/or open houses.
- The vendor must instruct their solicitor in advance of the auction start date so that the progression of the sale is not hindered or delayed. The Vendor must ensure the solicitor uploads the full sales pack for it to be available & online no later than 48 hours in advance of the auction date.
- It is the vendors’ responsibility to ensure the legal/sales pack which is provided to YooWin is complete and fulsome. It is the Vendor’s responsibility to ensure all information is accurate and true.
- YooWin accepts no responsibility or liability for any delays in the Vendors onboarding process.
- Should YooWin have multiple offers, discounts or guarantees running concurrently, only one of these may be applied to each sale and cannot be used in conjunction.
- Force Majeure – The Auctioneer cannot be held liable for any failure or delay in performing their obligations under these Terms of Business where such failure or delay results from any event, circumstance, or cause beyond their reasonable control. “Event of Force Majeure” shall mean fire, storm, flood, earthquake, accident, adverse weather conditions, explosions, Acts of God, terrorism or the threat thereof, nuclear, chemical or biological contamination, epidemic or pandemic, war, compliance with any law, governmental controls, restrictions or prohibitions, strikes, lock-outs, industrial action, employment dispute, protests, public disorder, traffic congestion, accident, breakdown, vandalism, interruptions in communications or power supply, shortages of materials or supplies, failure or malfunction of computer systems or any other event or circumstance outside the control of a party to this Agreement.
- Where a force majeure event occurs, the affected party shall notify the other party as soon as reasonably practicable and shall use all reasonable endeavours to mitigate the effect of the event. In the event, the Auctioneer shall have the right to cancel, postpone, or amend the auction without liability, and in such circumstances any liability to the Buyer or Seller shall be limited to the refund of fees or deposits already paid (if applicable).
To Qualify for this offer you must;
- Have a Suitable Property to sell within Greater London.
- Be the legal vendor or a legally appointed executor and have the authority to sell such
property. - Be willing & able to unconditionally exchange in our next upcoming auction date (from the date of your application to this offer)
- Have completed all of the next steps listed below.
How to Apply:
- Ensure you meet all of the qualification criteria above
- Read, understand and agree to the terms of the offer above.
- Contact YooWin at info@yoowin.co.uk to apply for an assessment of value, by using the
following email template, and Annexe documents (A&B) found at the end of this document. - [If you haven’t already instructed a conveyancer, check out our great Value Partners who are
primed and ready to act on your behalf – Services | Yoowin ]
Email template
Subject: ‘First 30 Vendors Sell for free’
Dear YooWin,
I would like to sell my property. Please provide me with an assessment of value.
Please find attached Property Information Form [complete Annexe B, and attach to the email]
I confirm I have instructed this solicitor to assist in the sale of my property:
- Solicitors’ name:
______________________________________________________________ - Solicitors’ number:
____________________________________________________________ - Solicitors’ email address:
______________________________________________________
Please find attached signed Acceptance form [complete Annexe A, and attach to the email]
Kind regards,
[Full name]
