Terms And Conditions Of Selling

Last updated: 5 November 2026

These Terms and Conditions of Selling ("Terms") apply to every enquiry, valuation, offer, purchase and collection of stock, vehicles, equipment, fixtures or any other goods or assets ("Goods") offered to or bought by THE WHOLESALE BUYER LTD, trading as STOCK BUYER UK ("the Buyer", "we", "us"), Company No. 16329072, VAT No. GB512556409, registered office Unit 4 Queensway Business Centre, Swansea, SA5 4DT. "The Seller" or "you" means any person, business, company, partnership, trustee, officeholder, landlord, agent or other party offering Goods to us. These Terms apply whether you contact us through our website, by phone, email, text, WhatsApp, social media, a marketplace, an agent or in person, and they override any terms you may propose unless we agree otherwise in writing.

Agreement To Sell

By submitting Goods for valuation, accepting an offer, ticking a box, signing, replying to confirm, or allowing us to collect, you ("the Seller") agree to these Terms and agree to sell your Goods to THE WHOLESALE BUYER LTD, trading as STOCK BUYER UK ("the Buyer"). Once an offer is accepted, this agreement is legally binding and governs the sale of your Goods to the Buyer, subject always to the conditions in these Terms.

We Consider All Stock But Only Buy Suitable Stock

We consider all Goods submitted to us, but we only make offers on, and only buy, Goods that we decide are suitable, at our sole discretion. We are not obliged to make an offer, to give reasons for not making an offer, or to buy any Goods. Submitting Goods, receiving a valuation or booking an inspection does not create any obligation on us to buy.

Valuations And Offers Are Conditional

  • Any valuation, price guide, estimate or offer we give (whether verbal, written, by email, message or online) is an indication only and is conditional on inspection and verification of the Goods
  • Offers are based on the information, photos and documents you provide. If anything is inaccurate, incomplete or changes, the offer may be amended or withdrawn
  • Conditions include, without limitation: satisfactory inspection of quantity, condition, quality, specification, packaging, dates, authenticity and saleability; proof of ownership and authority to sell; clear title free from finance, liens or third-party claims; satisfactory identity, company, vehicle and fraud checks; and safe, lawful access for collection
  • Unless we say otherwise in writing, offers are valid for 7 days, after which they lapse automatically
  • Offers are made for the full lot as described unless we agree in writing to buy part of it
  • Prices exclude VAT unless stated. Where VAT applies, a valid VAT invoice must be provided by a VAT-registered Seller

Our Right To Withdraw Or Amend An Offer

The Buyer may withdraw, revoke, reduce or amend any valuation or offer at any time, with or without notice and without liability, before payment is made in full, including (without limitation) where:

  • The Goods are not as described, or the quantity, condition or quality differs from what was stated or shown
  • We cannot verify ownership, title, identity or authority to sell
  • We suspect the Goods may be stolen, counterfeit, unsafe, recalled, illegally imported, or otherwise unlawful to buy or resell
  • Market conditions, demand or resale values change before collection
  • Collection cannot take place on the agreed date or under safe conditions
  • The Seller, or any company connected with the Goods, enters insolvency, or a creditor, landlord, officeholder or finance company makes a claim to the Goods
  • We decide, at our sole discretion, that the Goods are no longer suitable

We will not be liable for any loss, cost or expense you incur because an offer is withdrawn, reduced or amended.

Stock Holding Requirement

Once an offer has been accepted, the Seller must hold the Goods, keep them safe and in the same condition, and not offer, sell or promise them to anyone else until collection and payment are complete. Failure to hold the Goods as agreed will result in an administrative fee of 20% of the value of the consignment being charged to the Seller.

Ownership And Legality Of Goods

The Seller confirms and guarantees that:

  • The Seller owns the Goods, or has full legal authority to sell them, and can prove this if asked
  • The Goods are free from any finance, hire purchase, lease, lien, charge, retention of title or third-party claim, unless disclosed to us in writing before the offer
  • The Goods are not stolen, counterfeit, smuggled or from any source that could cause issues with legal bodies, and do not infringe any trade mark, copyright or other right
  • All information, descriptions, photos and documents provided are true, accurate and complete
  • Where the Seller acts for a company, insolvency, landlord or other third party, they have authority to bind that party to these Terms

If legal issues arise regarding the source or ownership of the Goods, the Buyer reserves the right to pass the details provided by the Seller to the police, HMRC, trading standards, brand owners or other relevant authorities, and to withhold payment while the matter is investigated.

Inspection, Payment And Transfer Of Ownership

  • Payment for the Goods will be made after satisfactory inspection at the Buyer's warehouse, unless the Goods are verified at the time of collection. The specific payment terms will be agreed separately and are always subject to satisfactory inspection
  • Fast payments apply to suitable Goods once an offer has been accepted and the Goods have been verified
  • Once the Seller accepts an offer, the Seller may not sell the Goods elsewhere. Full legal ownership of the Goods passes to THE WHOLESALE BUYER LTD when the Seller accepts the offer, subject to our right to withdraw and to reject Goods under these Terms
  • Risk in the Goods stays with the Seller until they are loaded onto our (or our carrier's) vehicle
  • We may set off any fees, charges or losses owed by the Seller against any amount we owe the Seller
  • Payment will only be made to a bank account in the name of the Seller or the business selling the Goods, unless we agree otherwise in writing

Cancellation By The Seller

Breaking this agreement, or cancelling after accepting an offer, will result in a cancellation charge of 30% of the total value of the consignment being levied against the Seller, together with any collection, transport or other costs we have already incurred.

Quality And Suitability Of Goods

Once the Goods have been assessed, if the quantity, quality or condition is not as described, the Buyer may (at its choice) reduce the price to reflect the Goods actually received, reject all or part of the Goods, or cancel the agreement. Rejected Goods will be returned or made available for collection at the Seller's cost, and the Seller must repay any amount already paid for them, together with any transport, handling and storage costs. If Goods are not collected within 14 days of our notice, we may dispose of them and recover our costs. The Buyer also reserves the right to cancel this agreement without notice at any point before payment if the Buyer decides the Goods are not suitable for its needs. Legal routes will be pursued if necessary.

Failed Collection, Additional Costs And Recovery Of Losses

Where a collection of Goods has been arranged and confirmed, the party arranging or supplying the Goods must make sure the Goods are ready, accessible and authorised for release at the agreed date and time. If the collection cannot go ahead for reasons outside the collecting party's control, including but not limited to:

  • Goods not being prepared or available for collection
  • Incorrect information about location, quantities or access
  • Storage accounts not being up to date with the storage facility
  • The storage facility refusing release of Goods due to outstanding fees
  • Delays or failures caused by the supplier, warehouse or a third-party agent

the party responsible for the failure shall be liable for all costs incurred by the collecting party. Recoverable costs may include, but are not limited to: transport and haulage charges, driver and labour costs, waiting time or aborted collection charges, additional logistics or re-booking costs, storage or handling charges, and administrative costs associated with the failed collection.

Where any financial loss is suffered as a result of a failed or delayed collection, the collecting party reserves the right to recover all costs and losses from the responsible party. If payment is not made within the agreed payment terms, the collecting party may recover the outstanding funds through debt recovery procedures and court action if necessary, together with interest and recovery costs as allowed by law, including under the Late Payment of Commercial Debts (Interest) Act 1998.

Aborted Or Failed Collection Fee

Where a confirmed collection cannot proceed due to the fault of the supplier, warehouse or any third party acting for them, including but not limited to Goods not being ready, incorrect information, restricted access, or outstanding storage fees preventing release, an aborted collection fee will apply. The fee will be a minimum of £350 per vehicle, or the full actual transport and labour costs incurred, whichever is greater. This fee is payable by the party responsible for the failed collection and must be paid within the agreed payment terms. The collecting party also reserves the right to recover any additional financial losses or costs, including through debt recovery procedures or legal action if necessary.

Site Access And Safety

The Seller must provide safe, lawful access to the Goods and the collection site, tell us about any hazards, restrictions or permits needed, and have any landlord, warehouse or third-party consent required. We may refuse or stop a collection if we believe the site or the Goods are unsafe, and the aborted collection fee may apply.

Vehicles, Machinery And Regulated Goods

For vehicles, plant and machinery, the Seller must provide the V5C or proof of ownership, keys, service history and any finance settlement details we ask for, and confirm that the vehicle is not stolen, written off (unless disclosed) or subject to outstanding finance. For food, cosmetics, electrical, medical, age-restricted or other regulated Goods, the Seller must disclose any dates, recalls, safety issues, certificates or restrictions. We may refuse any Goods we cannot lawfully buy or resell.

Indemnity

The Seller will indemnify the Buyer against all losses, claims, damages, costs (including legal costs) and expenses arising from any breach of these Terms, any untrue statement about the Goods, or any claim by a third party relating to the ownership, title, safety, legality or intellectual property of the Goods.

Limitation Of Liability

To the fullest extent allowed by law, the Buyer will not be liable for any loss of profit, revenue, business, goodwill or opportunity, or for any indirect or consequential loss. The Buyer's total liability in connection with any sale will not exceed the price agreed for the Goods concerned. Nothing in these Terms limits liability for death or personal injury caused by negligence, for fraud, or for anything else that cannot be limited by law.

Circumstances Beyond Our Control

We will not be liable for any delay or failure caused by events beyond our reasonable control, including severe weather, vehicle breakdown, road closures, strikes, supplier or carrier failures, IT failures, pandemics or government action. In such cases we may rearrange or cancel a collection without liability.

Data Protection

We store and use the Seller's information on secure systems in line with our Privacy Policy. Transaction records are kept for up to 7 years for legal, accounting and tax purposes and then securely deleted.

General

  • We may update these Terms at any time. The version on this page when you accept an offer applies to that sale
  • No change to these Terms is binding unless agreed in writing by an authorised representative of the Buyer
  • If we do not enforce any right straight away, we can still enforce it later
  • If any part of these Terms is found to be invalid, the rest will remain in full force
  • We may transfer our rights and obligations under these Terms to another company. The Seller may not transfer theirs without our written consent
  • These Terms, and any dispute arising from them, are governed by the law of England and Wales, and the courts of England and Wales have exclusive jurisdiction

Contact

For any issues or enquiries about these Terms, please call our office on 0121 630 1446 or email info@stockbuyer.co.uk.

Acknowledgement And Agreement

By ticking the box, signing, confirming by email or message, or allowing collection, the Seller acknowledges having read and understood these Terms and agrees to comply with them fully. Thank you for your business.

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