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On August 22nd, Auction House Scotland will hold its first auction in Aberdeen, with properties for sale across the Highlands and Islands and Grampian area.

Since launching in Glasgow a year ago, Auction House Scotland has raised £11.5 million for our vendors. Their conversion rate is sitting at 70% of lots sold – which they’re pretty pleased with!

They have an auction every seven weeks or so, with an increasing number of properties coming from the Highlands and Islands area. WThey’ve realised that the time has come to service this area with an auction room closer to home – and so have chosen

Houses sell faster in Cambridge than in any other part of the country, according to a new survey.

It takes 27 days on average for properties in the university city - home to many science and technology firms - to change hands, said property website Rightmove.

The slowest area for shifting a property is Powys in mid-Wales, where it takes an average of 113 days to sell a house.

But overall Rightmove found that the housing market has gained pace with properties across the UK on average selling ten days faster than a year ago.

Earlier this week data from the Office for National Statistics revealed

A former boarding house at the center of a David and Goliath battle between an elderly woman and Donald Trump is going up for auction.

In the 1990s, Trump had wanted to tear down Vera Coking's building and convert the land into a parking lot for his Trump Plaza Hotel and Casino. Coking fought the state Casino Reinvestment Development Authority from condemning the property through eminent domain. The state Supreme Court sided with her in 1998, ruling the redevelopment agency could not seize the lot.

Much has changed since. Coking, a widow who is now 91, has moved to California. Atlantic city's

People buying distressed or repossessed properties at auction can generally expect to pay in the region of 20% below market value as a result of insolvency practitioners rushing to sell, according to an established auctioneer.

Distressed or repossessed properties, which generally only tend to make it into certain auctions, should be selling for 20% more than at current rates, according to Edward Swindells. Swindells claims that once insolvency experts and lenders have offloaded the assets attached to these properties, they are no longer incentivised to achieve the best price for the vendor and

Award-winning brand Auction House is entering the highest number of lots to be sold at auction in one month since the height of the recession in 2008.

Over 600 residential and commercial instructions are due to be auctioned in 27 sales across England, Scotland and Wales during July. According to the Essential Information Group (EIG), this is the highest monthly figure recorded by a UK auctioneer for six years.

Auction House Founding Director Roger Lake said “Strong listings in our core areas and growth in others have come together to make it our busiest month ever. The regional auctions

Demand for housing continues to outstrip supply in the Scottish market, according to the Royal Institution of Chartered Surveyors.

Its latest report also showed a rise in newly agreed sales, regarded as a good indicator of market activity. This has now shown a steady rate of growth since February 2013.

The survey recorded a balance of 32% more chartered surveyors reporting increases in new buyer inquiries. However, only a balance of 1% reported an increase in new instructions for properties coming onto the market in June.

In the month that saw the Bank of England introduce a 15% cap on high

The last burial plot at a city cemetery is coming up for auction – allowing the buyer to Rest in Peace – for the right price.

Sutton Coldfield’s Rectory Road cemetery is almost full, and auctioneers are hoping the scramble to buy will mean it’s a dead cert to bring in the big bids.

The “plot with the lot” has a guide price of £1,000 and a ‘transfer fee’ of £144 to Birmingham City Council.

The 36 sq ft piece of land is ‘top of the lots’ at the auction sale later this month at Nuneaton Golf Club – and the successful bidder will gain ‘exclusive right of burial’ at the plot.

Deborah Palmer, new

One of the country’s most famous homemakers and TV presenters, Kirstie Allsopp, has opened the doors to the Devon home she made famous in the show Kirstie’s Homemade Home.

The six-bedroom property commands £3,402-a-week during the peak summer holiday period but can go for as little as £1,875 in less busy months. It has previously only been available for longer summer lets but is now available for shorter periods though Classic Cottages.

Perched in Welcombe’s rugged landscape, classed as an area of outstanding beauty, the house is just a short stroll from the National Trust beach of Welcombe

Commercial property auctions in May saw sales volumes rise 25%in comparison with the corresponding period in 2013 while the average yield achieved by the properties sold sharpened by 90 basis points to 8.3%.

The latest cPad (Commercial Property Auction Data) report from Acuitus and IPD reports that this is the lowest All-Property Yield recorded since May 2012.

Although the total of £99.78m of assets sold in the May auctions showed a year on year increase the sales rate was down to 70% from the 84% that was recorded at the February/March sales.  Acuitus auctioneer, Richard Auterac, comments

Property prices in Edinburgh increased by 1% in the second quarter of the year, taking the annual price rise in the city to 5.7%.

This follows a rise of 1.3% in the first quarter of the year, according to data from the latest Edinburgh City Index from property firm Knight Frank.

Over the three months to June, homes in the north of the city and the area around the New Town and West End areas enjoyed the greatest growth, with prices increasing in value by 1.5% and 1.2% respectively.

Stock levels increased over the course of the quarter, albeit from a very low base, but Knight Frank says it is