Bidders Security
For those who wish to bid, card details will need to be provided in order for the company Stripe to put a £5,000 hold on a bidders account (your account must have over £5,000 available). In the event of being the successful bidder the £5,000 will automatically be taken and passed to the sellers solicitors (if unsuccessful this will be released, however depending on the individual card provider it may take 1-2 days). Once registered, your auction ‘passport’ is valid for 3 months, meaning you can bid on other lots without having to re-register in this time period – after 3 months, you will need to refresh the ID which has previously been uploaded to the system.