This website is operated by AMAI Capital Limited. The information on it, including the enquiry calculator, is general information about our services and is not advice, an offer of finance, a quotation or a recommendation of any lender or product. Any finance we arrange is subject to a lender’s own terms and to our written terms of business. We try to keep the site accurate and available but do not guarantee either, and we are not responsible for the content of third-party sites we link to. The site and its content belong to AMAI Capital Limited and may not be copied without permission. These terms are governed by English law.
Auctions
AMAI Capital Limited is connected to Richards & Co Property Auctions Limited (company number 16724887), a property auction house. Armani Richards, the founder and Managing Director of AMAI Capital Limited, is also a director and shareholder of Richards & Co Property Auctions Limited. The two are separate companies and each is responsible only for its own services.
You do not have to use AMAI Capital Limited to bid or buy at any auction, and whether you use us makes no difference to how a lot is offered, sold or priced. You are free to arrange finance through any broker or lender, or to buy without finance.
Where you come to us through Richards & Co Property Auctions Limited, or we introduce you to it, we tell you about the connection. Our fee is agreed with you in writing before any work starts, and any commission a lender pays us is disclosed to you in writing before you commit to a facility; both are explained in How we are paid. If either company pays the other for an introduction, we tell you in writing before you commit.
A winning bid at auction is a binding contract. If the hammer falls to you, you must complete on the terms of the sale whether or not finance is in place. If you do not, you will normally lose your deposit and may be liable for the seller’s further losses and costs. Nothing on this website is a promise that finance will be available for a particular lot, in a particular amount or by a particular date. Take your own legal advice on the legal pack before you bid.
We arrange auction finance for limited companies and LLPs on a non-regulated basis only. We do not arrange finance for individuals, or for a property that you or a member of your family will live in.