Auction Payments
Auction Payments for Buyers
Before Lots can be shipped, posted or collected to Buyers full payment must be made to UK Restoration Auctions by Bank Transfer.
Transfer is required by 5.00pm three business days (72 hours) following the completion of the Lots timed auction.
Our bank account details are as follows:
Account Name: SYDHAM RESTORATION AUCTIONS LIMITED
Bank: METRO BANK
Branch Sort Code: 23-05-80
Account Number: 40615334
IBAN Number: GB73MYMB23058040615334
Swift Code: MYMBGB2L
Should payment not be received by UK Restoration Auctions by 5pm, 72 Hours (Three Business days) following the end of the timed auction, any Lot(s) unpaid for will be taken into storage safely and securely on our property, at the charges outlined in our Terms and Conditions.
Buyers who do not pay in a timely manner will be banned from future auctions as we do not want Sellers to be paid for the sale of their items later than they expect to receive their monies.
Please note that unpaid for Lots are not stored for free for the first 21 days following the completion of the timed auction but are subject to immediate storage charges as outlined by UK Restoration Auctions in .
For more information on auction payments, including how we collect monies from buyers and make payments to sellers please see our click here to view UK Restoration Auctions Terms and Conditions for both Buyers and Sellers.
Auction Payments for Sellers
There is a flat fee (Seller’s Consigning Fee) of £1.00 per item entered, and this is invoiced when the Lot is consigned to us.
Payment can be made to us by Bank Transfer
Our bank account details are as follows:
Account Name: SYDHAM RESTORATION AUCTIONS LIMITED
Bank: METRO BANK
Branch Sort Code: 23-05-80
Account Number: 40615334
IBAN Number: GB73MYMB23058040615334
Swift Code: MYMBGB2L
Sellers will receive their Total Amount Due To The Seller within 24 hours of UK Restoration Auctions receiving the Total Amount Due from The Buyer.
UK Restoration Auctions will endeavour to send invoices out to Buyers within 24 hours of the completion of the Lot and Buyers are asked to pay their invoices within 72 hours (Three business days) upon receiving their invoices.
For more information on auction payments, including how we collect monies from buyers and make payments to sellers please see our click here to view UK Restoration Auctions Terms and Conditions for both Buyers and Sellers.