About Timber Auctions

TimberAuctions operate Europe`s leading electronic round timber marketing service for buyers and sellers throughout the UK.

TimberAuctions monthly electronic timber sales have been operating non stop since 1995, selling over £16 million worth of hardwood and softwood timber from both privately owned and Forestry Commission woodlands.

Our clients include individual woodland owners, estates, syndicates, trusts, pension funds, investment companies, management companies, consultants, local authorities, The Woodland Trust, The National Trust and the Forestry Commission.

This new interactive website provides information and advice on selling and purchasing round timber using TimberAuctions live on-line electronic auctions and tender sales.

Timber sellers can enter parcels of standing or felled timber into forthcoming sales using the on-line entry form and then watch live timber auctions on their own computer at home or office.

Timber buyers can download catalogues containing details of all currently available timber parcels and all users have free access to the latest timber price information, including the annual electronic sales event calendar, newsletters and press releases.

The monthly sales are operated in accordance with an industry-wide agreed Practice Standard. The standard sets out how electronic timber sales should be conducted in the UK. The bodies involved in this landmark agreement were the Forestry Commission, UKFPA, FTA (formerly TGA) and Timber Auctions.

Individual Sellers

For those with a single parcel or lower value timber we offer this option where we will charge a set commission fee of 1.5% plus VAT in the event of a successful sale. If there is no sale there will be no commission charge. As above there will be a charge of £50 plus VAT per lot to cover administration costs and this is payable regardless of whether or not the parcel sells.

Corporate Members

Sellers can become Corporate Members of TimberAuctions with a subscription of £250 per annum which would give the following privileges:

Buyers

There is no charge for our instant internet access 24/7 to all our timber for sale with fast download of lot details, maps and contact information.

You must be registered in order to bid and the registration process is confidential. You only pay when you have successfully purchased a lot and the buyers premium in addition to the 'hammer price' is 1% plus VAT

Advertising and Links

For an annual fee of £200 any Corporate Member or Registered Buyer can have their logo displayed on the Home Page with a direct link to their own web site.

How the system operates

Lot EntryVendors enter timber parcels into advertised regular auctions or tender sales. TimberAuctions publish a sales catalogue 6 weeks before each sale so that prospective purchasers have the opportunity to view the lots on offer. Buyers can download catalogues from the website or have them sent by post. TimberAuctions maintain a comprehensive database of all UK timber buyers and we pride ourselves in actively matching lots with buyers we know will be interested. We use email, post and telephone to notify buyers of forthcoming lots likely to be of interest.

Sales Programme

The regular sales take place on a Wednesday starting at 1400hrs.In addition we can hold bespoke sales for any of our Corporate members. The sale dates are advertised in our annual sales calendar.
The sales are conducted in a competitive and professional manner using the internet and any web browser.

Auctions

Live on-line auctions allow buyers to bid against each other in real time from their own offices, each buyer having the same opportunity to better the last bid via their computer. When bidding is exhausted the auctioneer compares the last bid with the vendors' reserve and declares the lot sold or unsold on the screen before moving on to the next lot.

Tenders

A tender sale differs from an auction in that interested buyers submit one closed offer which must be with Timber Auctions by the advertised deadline. When the deadline arrives we pass details of all offers to the vendor for consideration.
For timber buyers without access to a computer we provide facilities for bidding by post fax and telephone.

Post Sale Service

After the sale we are happy to offer the services of our experienced and skilled negotiators for any lots which may fail to reach the reserve price. On the conclusion of a successful sale we send out sale advice notes to both vendor and buyer confirming the sale and an invoice for a deposit. Once we receive the deposit we deduct our agreed sales commission and pass the balance to the vendor.
The above is an overview of the service – please feel free to contact us if you have any questions. Further details and information for sellers and buyers Click Here