Purchasing a house or flat at auction can be a great way to bag a bargain. As well as being a quick and relatively hassle free way to buy a home, no driving around viewing endless houses, no negotiations, and no last minute fall through if the house sellers get a better offer, the auction process is easy. You simply look through the auction catalogue, find a property you like, arrange a viewing and do some research, and show up prepared on auction day – here’s a few tips to help you on your way:
1. Find auction houses that sell properties in the area you’re looking in. London auctions have
After recently reporting a move to new, larger offices and new staff appointments, Brendons Auctioneers continue their evolution with a new brand name: Phillip Arnold Auctions.
The rebrand and the new strapline ‘Passionate About Property’, reflect the company as a personal and approachable alternative for fast property sales and purchases.
Phillip Arnold Auctions’ strategy for growth is to build long term relationships with landlords, surveyors, consultants and legal teams that continually improve the service we offer to our clients. It’s a logical step in our development as an independent
A surge in the popularity of auctions has seen property sales exceed £10 million for one regional company in the last year.
Managers of the East Midlands Property Aution say they have seen a rise in the number of people using auctions to buy or sell property of all types.
In addition, more land and development opportunities are going under the hammer.
East Midlands Property Auction, which was set up four years ago by Lincolnshire estate agents Pygott & Crone, say it has carried out 96 sales since the start of the year.
It says the total value of the sales was £10,874,633, with an average sale
The most comprehensive exhibition of UK & International residential property (and services) presented in Europe each year returns to ExCeL London for its 'Autumn Edition' on 9 & 10 October 2015.
The list of leading property names confirmed to take part includes Dubai-based giant Damac, leading USA homebuilder Lennar Homes & major Nigerian developer Eko Atlantic. Leading financial services names such as RBS/NatWest, FBN Bank & Just Group PLC will also be present.
Reflecting the investor appetite for 'Northern Powerhouse' locations outside of Greater London, regional specialists
Developers will be able to bid for Old House in Brentwood at auction later this year, when it is due to go under the hammer with a reserve price of £700,000.
Estate agents Savills will hold the auction at the The Marriott Hotel, in Grosvenor Square, London, on November 2.
The Grade II-listed building will come with a planning brief specifying it should be used in a way to benefit the community.
The purchaser need not stick to this planning stipulation, but any other use would have to be applied for via the borough council.
The plan, put forward by Brentwood Borough Council's Tory
Leading Home Counties land broker Aston Mead has warned that a recent High Court ruling lessens the likelihood of the UK ever hitting its house building targets.
Following a legal challenge by Reading Borough Council and West Berkshire District Council, the ruling by Justice David Holgate forced ministers to scrap guidance which excluded developments of 10 homes or fewer from the requirement to provide or contribute to affordable housing provision. The Department for Communities and Local Government (DCLG) has said it will appeal the High Court’s ruling.
Has your property been on the market for ages? Or are you just needing to sell quickly?
Selling your property at auction is cost effective, simple, fast and stress free, so get the ball rolling and give us a ring!
What are some of the benefits of selling at auction?
The possibility of obtaining a higher price and an earlier sale.
A greater certainty of selling your property - 60-70% on average.
Predictable time scales so you can plan ahead with confidence.
A much quicker sale from first marketing to completion of sale of property.
A derelict shack has sold at auction for an eye watering £440,000!
The two-storey wreck of an outbuilding in East Dulwich has no rear entry. And access is only through a run-down corridor.
But that didn’t stop a serious bidding war breaking out when it went under the hammer at auction on Monday with London auction house, Savills.
That’s because the 1,108 sq ft property has planning permission to be converted (rather than torn down) into a two-bedroom home. According to plans approved by Southwark Council earlier this year, the new home will have two bedrooms, two bathrooms and a 'garden area'
A Parade of Four Vacant Single Storey Lock-Up Garages in south-east London has been sold at auction for almost £140,000.
The properties form a terrace of four garages close to the local shops and amenities of Wells Park Road. The open spaces of Sydenham Wells Park are within easy reach. Transport links are provided by Sydenham rail station (National Rail & Overground Lines).
Bidding on the garages at Mylis Close, Sydenham started at £40,000 before the hammer came down at almost three times the guide price, selling for £136,500. The buyer will hope to win planning permission to convert the
A property in Roundhay, Leeds, sold by Auction House West Yorkshire at its sale on Wednesday 9 September 2015 plays a leading role in a new feature length film starring actor Ricky Tomlinson of ‘Cracker’ and ‘Royle Family’ fame.
The movie 'Gloves Off' follows a former boxer who must train a charge for a bare-knuckle encounter, in a bid to raise money to save his local gym. The cast also includes Denise Van Outen, Alexei Sayle, Brad Moore (Montana) and Paul Barber ('Denzil' in Only Fools and Horses).
Filming is taking place in and around Leeds until October, and this ground floor flat in
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