Blogs

The SDL Auctions team pulled together in a marathon team effort for the company’s first ever national property auction yesterday, which raised £7.7 million for sellers. 

 Held behind closed doors to maintain social distancing, SDL Auctions’ first national property auction saw managing director and auctioneer Andrew Parker work his way through a catalogue of 115 lots over a mammoth seven-hour session. 

 After a short delay due to a rush of last-minute bidding requests, the auction got off to a lively start with some eager bidding for a house in Nottingham. 

 An extended bay-fronted property in

Essex and Hertfordshire estate agent Mullucks has welcomed an independent report which recommends the property industry should be one of the first sectors to resume trading, to ease the UK economy out of the Coronavirus pandemic.

Written by Conservative peer Lord Ghadia and GlaxoSmithKline’s chairman Sir Jonathan Symonds, the report has been submitted to ministers as they receive advice on how to revive the economy without compromising the nation’s health.

Mullucks Managing Director Daniel Galati said: “As ever, the safety of our staff and the wider public would need to be our first

A striking Grade II Listed office building which is part of north Wales’ rich textiles history is to be sold by auction later this month.

Dating back to 1909 and built in the Renaissance Revival style, Enterprise House, Aber Park in Flint, Clywd is currently used as serviced offices. It has a *guide price of £140,000+.

The two-storey building is built in distinctive local red brick with many attractive architectural features including moulded stone eaves cornice, arched recesses and a particularly impressive bay window at the rear. It is listed for its flamboyant design and detail which

Differences of opinion caused by the current pandemic disruption are creating opportunities for both buyers and sellers in the UK commercial property market.
 

With a growing number of property owners now looking to liquidate assets in order to hold larger cash reserves, Acuitus are likely to see new sources of investments feeding into their auction. This will provide new opportunities for buyers who may have previously found it difficult to access the sector owing to a mismatch between demand and supply.
 

Acuitus Chairman, Richard Auterac, comments: “We are very excited about our

Despite the wider property market having largely ground to a halt, SDL Auctions’ first national property auction has drawn an impressive 112 lots – not far short of the 139 lots offered in its five room auctions at the same time last year.    SDL Auctions’ first national property auction catalogue features properties from all four corners of Great Britain – from Berkshire and Bristol via Pwllheli to Wick in the far north of Scotland – underlining the company’s position as a national auctioneer.    Managing director and auctioneer Andrew Parker said: “We are delighted to present such

Auction House is continuing to sell properties during the lockdown for the coronavirus outbreak - at a time when most estate agents and even other property auctioneers have put business on hold.

The group sold more than 150 lots during the first two weeks of the restrictions coming into place – many of them well above their guide prices - by transferring its usual room auction lots to its online operation.

Auction House Founding Director Roger Lake said: “We’ve been thrilled with how successfully our tried and trusted system of selling online has clicked into place. Auctions have either been

More than 60 lots have already been entered into SDL Auctions’ new national property auction – just days after the event was announced.

The first national property auction will take place on Thursday 30th April and will allow buyers, sellers and SDL Auctions staff to maintain social distancing within government guidelines.

The auction, which will feature lots from around the country, will be conducted by managing director and auctioneer Andrew Parker from his usual rostrum and live-streamed over the internet.

Andrew said: “To have received more than 60 instructions in such a short space of

Bond Wolfe Auctions has cancelled its May auction in response to the COVID-19 pandemic.

Chief executive officer Gurpreet Bassi said: “The health and safety of clients, staff and the wider public are at the forefront of our decision and a priority over our commercial objectives.

“While we are fully able to operate a ‘remote bidding only’ auction or even a full online sale, it is doubtful that we would achieve the best possible price for our vendors.

“Additionally, it is completely unreasonable for us to expect potential purchasers to buy property without the possibility of carrying out their

SDL Auctions North West has seen a surge in property instructions ahead of its April room auction, which will take place via live video feed with remote bidding.

Andy Thompson, head of auctions North West, said the growth in instructions – from both existing and new sellers – was a vote of confidence for auctions, which allow people to complete their transactions while maintaining necessary social distancing.

He said: “Life may be on hold for many, with very good reasons, but people still need to sell property. Waiting until the crisis is over may simply not be an option for some – and that’s

Hundreds of people tuned in to watch SDL Auctions Graham Penny’s 100th Derby auction – the first in its history to be held behind closed doors.

Instead of celebrating the occasion in front of a crowd of people as hoped, just a few staff members were in attendance as managing director and auctioneer Andrew Parker took to the rostrum in the company’s head office.

For the 500 viewers watching on the internet, very little looked different – and the bids came in as thick and fast as ever. With over 120 pre-registered remote bidders, buyers placed their bids on the telephone, by proxy and over the