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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

The value of property owned by landlords in Britain will smash through the £1 trillion pound mark in mid-2015, says a new report.

Figures's from Kent Reliance, part of the OneSavings Bank Group, show that currently the total value of property in the private rented sector is £930.7bn, up £109.5bn compared to last year.

London accounts for 41% of this value followed by the South East (15%) which itself is larger than the North East, Wales, Yorkshire & the Humber, and the West Midlands combined.

New figures from Savills out last week suggest that 1.2 million more households in England and Wales

Property investors looking for the next hot spot should pay attention. Knight Frank has identified the next up-and-coming part of London, and it's really central.

W2 – specifically Bayswater, Paddington and Queensway - has “arguably the strongest development and regeneration potential of any prime central London residential market,” according to Knight Frank's head of London residential research Tom Bill.

He argues that W2 has been relatively unloved by investors and residents alike, leaving the area north east of Hyde Park with a much lower premium than its southern neighbours such as

Derby-based property auctioneer Bagshaws Residential will be selling the historic control tower and ancillary buildings of a former RAF site in Wainfleet at its upcoming auction on 26 November to be held at Derbyshire County Cricket Club. This unique lot, which is expected to attract attention from property developers and collectors alike, is steeped in history being the training site used by 617 Squadron, the ‘Dambusters’, ahead of the famous raids in 1943.

Located in Friskney, Lincolnshire and with a guide price of between £300,000 and £350,000, the former Wainfleet control tower site

London house prices are set to rise 54% over the next six years, leaving the rest of the UK’s property market even further behind, new research claims.

A typical home in the capital will be worth more than £700,000 in 2020, according to the Centre for Economics and Business Research (CEBR).

This rapid rise compares to a forecasted 28% increase to £307,000 in the country as a whole over the rest of the decade.

The figures come a week after the Royal Institution of Chartered Surveyors predicted a 35% in British property prices by 2020.

While prices will pause for breath when the Bank of England

Demand from new buyers slowed for the fourth consecutive month in October, the Royal Institution of Chartered Surveyors (Rics) said. Sales also declined during the month in all but a few regions of England and Wales.

However, surveyors said they were confident the market would pick up in the medium term.

The survey suggested that buyer inquiries had fallen in all regions of England and Wales. As a result, sales also fell in every region except south-west England, Yorkshire and Humberside.

Simon Rubinsohn, chief economist at Rics, said that potential buyers across the UK were being a "little

Following on from yesterday, below are 10 top tips for getting your house into tip top condition for all those potential buyers!

1. Make the place as tidy as possible and open the windows to let in fresh air.
2. Have a place where you can quickly hide clutter and rubbish if the viewing is at short notice.
3. Vacuum clean and dust the main rooms.
4. Clean the bathroom sinks, toilets and baths.
5. Put some flowers in the main room.
6. Draw the curtains fully back to get maximum daylight in the rooms.
7. On dull days, turn all the lights on and light any fire in the main room.
8. Turn the

A few quick top tips to help your property look at its best:

1. If it needs it, give the front door a coat of paint.
2. Fill in and redecorate any cracks to walls and ceilings.
3. Put a lock on any rear gate.
4. Spring-clean the property throughout.
5. Weed and tidy the garden.
6. Consider the layout of your rooms to maximise a feeling of space - some rooms can look much smaller when there is a lot of furniture or clutter.
7. If you are marketing a small room as a 'bedroom' it may be useful to dress it as such to demonstrate that it can indeed fit a bed.
8. Before you do any significant

Take advantage of the final auctions of the year before winter really kicks in. It is the perfect opportunity to dispose of any vacant stock, problem properties or anything else that needs rapid disposal. Our December auctions are heavily attended by eager buyers keen to secure renovation projects in time for Spring.

If you are considering selling up and want to know how much your property might be worth at auction, why not send us a few details and one of our auctioneers will give you a ring, to chat further about your requirements.

Our auctioneers can answer all your questions, advise how

Network Auctions has unveiled a new online auction service to be used by its 50-plus partner agents across the UK.

Network E-Auctions will contain properties listed for sale on the basis of a normal auction catalogue with an online closing date and time, very similar to the system operated on eBay.

As the deadline expires a binding option agreement is formed which sees the buyer pay a £3,000 non-refundable deposit. The buyer then has five weeks to exchange contracts.

Failure to exchange contracts in that timeframe will see the buyer forfeit his deposit. Should the seller withdraw prior to