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 last resort.
Auction House - the UK’s biggest auctioneer in terms of lots sold - has recorded its highest performing first quarter in the nine year history of the company.
Between January and March this year, the award-winning auctioneer sold an impressive 729 lots from 939 offered – a figure which is over 14% up (14.3%) on 2015 volumes – representing a success rate of 77.6%, and raising a total of £92.2 million.
Commenting on the figures, Auction House Founding Director Roger Lake said: “This is another set of excellent figures for the brand, helped in no small measure by the hectic push for completions
Leading land broker Aston Mead is advising councils without up-to-date local housing plans in place to act quickly before the Government steps in to write their plans for them.
Local authorities have been given until March 2017 to produce a local plan in accordance with the National Planning Policy Framework (NPPF), which was introduced in 2012.
However, with less than a year to go, recent research suggests that fewer than a third of local planning authorities outside London have an up-to-date NPPF-compliant plan.
Aston Mead Land & Planning Director Adam Hesse said: “It’s absolutely
The new levels of buyer demand being seen in the commercial property auction room are helping create unique circumstances in which to sell assets.
The volume of sales at Acuitus’s two Q1 auctions is 70% up on the corresponding period last year and success rates, averaged at 95%, have been similarly buoyed by investor demand.
Acuitus auctioneer, Richard Auterac, comments:
“We are seeing an unprecedented set of market conditions with investors turning to property in increasing numbers because of the broader macro-economic scene and being able to access readily available finance to gear-up their
Property auction house Bigwood, part of the SDL Group, has acquired the largest and most successful auction house in the East Midlands, Graham Penny.
Graham Penny Auctions hold regular auctions in Derby, Leicester and Nottingham and will make the SDL Group’s auction operation the largest in the UK outside of London.
The acquisition will double the total sales of the Group’s auction division to more than £160 million per annum, taking it in to the top four nationwide.
The SDL Group, the national property services group with interests in surveying, valuations, lettings and estate agency, has
Symonds & Sampson’s March auctions attracted interested parties from all over the South of England and London as well as telephone bidders from Europe as 14 lots went under the hammer in Devon, Dorset and Somerset.
Auctioneer Mark Lewis said, “We moved our 1 April auction to 30 March to allow buyers to complete on 31 March before stamp duty changes added a further 3% to second homes and buy-to-let properties. However, with the Easter weekend taking out 2 working days it put pressure on everyone to get the legal packs approved and money moved so that deposits could be lodged and completions
The main advantage of buying a property at auction is that you avoid the lengthy process of buying a house in the traditional way. At auction, the process happens in a matter of minutes rather than months and when the hammer falls, you own the property.
The other many benefits of buying property at auction are listed below. If these don't convince you, nothing will!
Low prices
Auctions really do offer the chance to secure property at bargain prices. Thousands of properties are sold at auction in the UK every year - and many are hard to value, meaning they often sell at below market value. You
One of the capital’s leading auctioneers says that selling homes through estate agents will inevitably become longer and more frustrating because of new Stamp Duty charges.
Last Friday (1 April 2016) saw the introduction of an additional 3% Stamp Duty for anyone owning more than one home – even if this is because they are in the process of selling their property in order to buy another.
Auction House London auctioneer Andrew Binstock said: “The latest tax is a punishing blow for those following the traditional estate agency route to market. The 3% hike in Stamp Duty will kick-in as soon as
Sutton Kersh’s March auction saw 121 lots on sale, another huge auction for Liverpool. Bidding was particularly fierce on some of the city’s landmark public houses and de-commissioned churches.
The Fairfield Arms on Prescot Road in Liverpool, saw a bidding war between buyers, with the property going for £168,000, more than £68,000 over the property’s guide price. Interest was also high in The Cabin public house in Kirkdale, which sold for £50,000, £10,000 above the guide price.
Other unusual properties at auction included Tetlow Church near Stanley Park, a two storey brick and stone building
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
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