An increasing number of West Midlands local authorities charging Council Tax “empty property premiums” of up to 300% could focus minds on quick sales by auction, Bond Wolfe Auctions has predicted.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, was speaking after Birmingham, Walsall and Solihull councils all started to take advantage of new laws which will enable them to increase the premiums.
Councils can already charge up to 50% Council Tax premiums on empty properties, but this increases to 100% from April, with 200% premiums for those empty for more than five years 12 months later
Yes, that is correct. If you are the landlord of a commercial lease and your tenant has breached a covenant, you do not have the automatic right to re-enter the premises and take physical possession of them. However, a well drafted lease should include a re-entry provision, in which case you can take the property back.
A forfeiture or ‘a landlord’s right to re-entry’ provision in a lease allows you to bring the lease to an early end and remove from the premises a tenant who does not abide by the terms of the lease, along with their possessions. Having a provision of re
Black Country homes with guide prices as low as £5,000 are likely to see a packed room of bidders at Bond Wolfe Auctions’ inaugural auction at Villa Park on Wednesday 13 March.
A variety of lots including two, three and four-bedroom homes, from penthouse apartments to detached houses, are set to attract both house-hunters looking for a bargain and investors building up property portfolios.
One property that’s likely to draw competitive bidding is two bedroomed, mid-terraced house at 44 Adelaide Street in Brierley Hill, with a guide price* of just £5,000+.
A church in Doncaster that sold for nearly three times guide price and flats in Sheffield that went for the highest bid of the day drove MARK JENKINSON'S busy first auction of the year.
Their £2.4million auction was one of the first sales of the year nationally and the first in the region, with a 'huge response' for the redundant chapel building in Warmsworth, Doncaster, which attracted more than 100 enquiries.
The 1930s brick building and land had a guide price of £75,000 but sold for £204,000, while the top price of the day of £565,000 was for the three-story semi-detached building made up
PROPERTY INVESTORS keen to expand buy-to-let portfolios will be attracted by six flats on the same road in Birmingham at Bond Wolfe Auctions’ inaugural auction at Villa Park on Wednesday 13 March.
The three sets of two self-contained flats in converted Victorian terraced properties are at 19, 21 and 39 Crompton Road in Handsworth, and each lot has a guide price* of £50,000+.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “To have three similar properties almost neighbouring each other would be a fantastic opportunity for a focused investor as a major buy-to-let opportunity.
It would be difficult not to switch off and relax in an outstanding penthouse apartment in Anglesey with spectacular views over the Menai Strait.
It is rare that a property of this type comes onto the market and so Penthouse 2, Glyn Garth, Menai Bridge, Gwynedd County is expected to attract a great deal of attention when it goes under the hammer at the SDL Auctions Cheshire and North Wales auction at Chester Racecourse on Thursday 21st February.
Glyn Garth Court is a notable landmark on the island’s coastal road and this three-bedroomed property is the apartment block’s crowning glory.
Most people can find buying and selling a property quite a daunting process, especially as they may only buy or sell a property a couple of times during their life. This is where a conveyancing solicitor will be able to assist you throughout the process. If you’re about to buy or sell a property and want to understand more about how it works and what’s involved, this guide is for you.
What is conveyancing?
Conveyancing is the legal transfer of a property from one person to another. It covers the whole process for buying or selling a property, from the time when a buyer’s offer is accepted
Bond Wolfe Auctions has unveiled the team to power property auctions across the Midlands, with many familiar faces.
The team currently numbers 11 with four new members of staff due to join in the next few weeks.
Chief executive Gurpreet Bassi said: “This is an experienced and award-winning team that has an enviable track record, made up of established auction property professionals with large existing client networks.”
The team behind Bond Wolfe Auctions produced the largest-ever Midlands’ auction – 172 lots in May 2018 - and hasn’t held an auction below 100 lots or achieved a sales success
An imposing Victorian farmhouse in South Derbyshire provides a versatile development opportunity when it goes under the hammer at SDL Auctions Graham Penny’s Derby auction at Pride Park Stadium on Wednesday 13 February.
Built in 1841, the five-bedroomed property retains much of its original character while requiring modernisation and improvement throughout.
Stenson Fields Farmhouse, Stenson Road, Derby, which has a guide price of £385,000+, sits on a level plot of just over an acre with outbuildings, making it ripe for conversion to a range of smaller properties, subject to planning
Countryside seclusion and Georgian grandeur are at the top of many dream home wish lists – and Styche Hall emphatically delivers.
Apartment 2, Styche Hall, Market Drayton, on the first floor of the hall, is a truly impressive property, with many original architectural features including high ceilings, elaborate moulded cornice, deep bay windows and beautiful moulded architraves.
The three-bedroomed apartment is being sold online by SDL Auctions in partnership with agent James Du Pavey, with a starting price of £140,000.
Deep in the heart of the Shropshire countryside, surrounded by open
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