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Success Rate: 93.33% - only 3 lots unsold Total Raised: £16,981,500 4 Lots located in London offered on behalf of Executors all sold well including the largest lot of the Auction - Mountfield Court, West Heath Road, Hampstead, a Freehold house arranged as 3 flats, which sold for £2,850,000 from a guide of £2,400,000. Auctioneer John Barnett had advised the family for over 50 years and was thrilled to have been instructed to handle the sale and by far the most popular Lot was a vacant mews house, also in West Heath Road, Hampstead which sold for £1,045,000 off a guide of £500,000, over double

The UK’s biggest property auctioneer says there’s growing evidence that an increasing number of buy-to-let landlords are choosing to sell by auction rather than via estate agents.

Auction House Founding Director Roger Lake says that the argument is swinging back to favour those selling such homes as tenanted investments rather than servicing notice to the tenant and selling them as vacant properties.

He explained: “The problem for the landlord is how to achieve the best sale price without losing too much rental income. Most estate agents tell their letting clients to decant their tenants

Do you want to sell your property quickly?

Selling property at one of our future auctions will be cost effective, simple, fast and stress free. If you feel that this method of sale might be right for you, why not get the ball rolling and get in touch for a FREE VALUATION via our PROPERTY ENQUIRY FORM.

Selling at auction also widens the potential market, not only will there be buyers who want to make it their home, there'll also be investors, developers and property dealers interested in buying. In many cases an auction could prove to be the best method for selling your property and not just a

It's important that you view a property before you bid for it at auction. There are so many things to consider and often the most important questions are forgotten.

Ask the relevant questions by taking our helpful checklist with you on your viewing. It may also be useful to take along the property details supplied by the auctioneer to ensure that their information is accurate.

Also check the property for signs of subsidence and confirm that the exterior is in good condition especially the roof and drainage. Double check the boiler, electrics and plumbing in the property and make sure they are

Greg May from Romans Auctions makes some interesting points in his latest report. Landlords take note....

With the latest changes in Stamp Duty coming into effect in April, landlords will feel hard done by with the news that many lenders are beginning to restrict their lending criteria for buy-to-let mortgages.

Many lenders are now setting the precedent that landlords will need to receive a larger rental income compared to the cost of their mortgage than they currently do, and this could push some landlords off the market, affecting those in the lower-yielding areas such as London and the

Leading home counties land broker Aston Mead says its message about the need to build on carefully selected areas of greenbelt land appears to be getting through.

The company’s comments come after the recent release of research based on councils’ draft and adopted local plans, which indicates that a thousand extra homes a week are being planned for greenbelt sites in England. The number of new houses proposed has risen to 274,792 – about 55,000 more than in March last year.

Aston Mead Land & Planning Director Adam Hesse said: “At long last, we are seeing things starting to move in the right

In a first for an East Midlands property auction house, Graham Penny Auctions is TODAY set to launch its first television advert.

The advert, launching on ITV1 East Midlands at 12.45pm in the Loose Women advert break, features an animated Graham Penny explaining the reasons why selling a property by auction could be the way to secure the best deal.

Managing Director Andrew Parker explains: “Graham Penny has been a regular property expert on Homes under the Hammer for over 10 years which has led to him becoming a bit of a local celebrity in the East Midlands, therefore it made sense for him to

People buy at auction for lots of reasons. They may want to move quickly or they could be looking for a plot of land to build on, a repossession, or quite simply they want a quick purchase without the risk of gazumping.

Also, many buyers looking for investments buy at auction as a catalogue full of properties gives them lots of opportunities to choose from.

Buying a property at auction is both exciting and potentially profitable. It avoids all of the lengthy purchasing procedures that you usually have to endure and the risk of everything falling through at the 11th hour. At an auction, as soon

Richard Abbey held John Earles first Land and Property auction of the season. Six very different lots were being offered and to a fantastically over full auction room at Henley Golf & Country Club. With excellent bidding. Richard achieved some remarkable results for the firm’s clients.

Lot 1 – Barn at Salters Lane, Bearley, Stratford-upon-Avon £100,000

This lot started with auction with very strong bidding, with a reserve of £60k this barn achieved a selling price of £100,000.

Lot 2 – Langley, Stratford-upon-Avon £52,000

With a good local interest in this arable/pasture land the bidding took

Sales were brisk at Auction House London’s latest auction (14 April 2016) during which almost £16m (£15,567,480) was raised in sales.

Fears that the introduction of a new 3% Stamp Duty on second homes and buy-to-let investments would dampen the market failed to materialise, and 79% of lots on offer were sold.

These included a number of properties which attracted fierce bidding and sold above their guide price.

Auction House London Director, Jamie Royston said, “We really didn’t know what to expect at the first auction since the Stamp Duty rises were brought in at the start of April. But with