Blogs of author

Bond Wolfe Auctions has unveiled the team to power property auctions across the Midlands, with many familiar faces.

 The team currently numbers 11 with four new members of staff due to join in the next few weeks.

Chief executive Gurpreet Bassi said: “This is an experienced and award-winning team that has an enviable track record, made up of established auction property professionals with large existing client networks.”

The team behind Bond Wolfe Auctions produced the largest-ever Midlands’ auction – 172 lots in May 2018 - and hasn’t held an auction below 100 lots or achieved a sales success

An imposing Victorian farmhouse in South Derbyshire provides a versatile development opportunity when it goes under the hammer at SDL Auctions Graham Penny’s Derby auction at Pride Park Stadium on Wednesday 13 February.

Built in 1841, the five-bedroomed property retains much of its original character while requiring modernisation and improvement throughout.

Stenson Fields Farmhouse, Stenson Road, Derby, which has a guide price of £385,000+, sits on a level plot of just over an acre with outbuildings, making it ripe for conversion to a range of smaller properties, subject to planning

Countryside seclusion and Georgian grandeur are at the top of many dream home wish lists – and Styche Hall emphatically delivers.

Apartment 2, Styche Hall, Market Drayton, on the first floor of the hall, is a truly impressive property, with many original architectural features including high ceilings, elaborate moulded cornice, deep bay windows and beautiful moulded architraves.

The three-bedroomed apartment is being sold online by SDL Auctions in partnership with agent James Du Pavey, with a starting price of £140,000.

Deep in the heart of the Shropshire countryside, surrounded by open

If you are the successful buyer of Weir Lodge, being offered in CLIVE EMSON's next auction on Tuesday 5th Feb, you may, on a winters day, sit by the banks of the Little Stour river and watch the Kingfishers dart in and out of the water catching fish.

Weir Lodge in Littlebourne, a lovely village about 4 miles East of the City of Canterbury, is an attractive early 20th Century detached three bedroom house with planning to extend and add a replacement garage.

The house is located adjacent to the race and wheel mechanism (now removed) and mill pond. Once extended it would create a larger ground

There is a lot to think about when buying any property at auction and auction conveyancing, let alone one with a short lease. The main reason why prices at auctions might seem low is likely to be because there is a problem with the property, and one of the most common problems is because the lease is short.

Conveyancing Solicitors often advise clients against purchases when the lease has less than 70 years left to run because it is difficult to get a mortgage on a property with a short lease.   Of course, when you spot a bargain sometimes it is hard to resist. Not many people who go to an

A countryside barn conversion in the Derbyshire Dales is the dream property of many but it’s rare to find one which has not already been transformed.

Therefore, developers keen to create their own Grand Design are likely to be eager to secure a 17th-century Grade II listed stone barn in Bonsall when it goes under the hammer at SDL Auctions Graham Penny’s Derby auction at Pride Park Stadium on Wednesday 13 February.

The two-storey barn, off High Street, Bonsall, Matlock, which has a guide price of £225,000+, has a garden and grass paddock, with the plot extending to 1.2 acres. Planning

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

If you are buying, or have bought a residential lease, it will be for a specific period of time, which is known as the term of the lease.  When that term comes to an end, the property goes back to the landlord. 

Yes, that’s right, no matter how much you paid for your flat, if you are living in it when the lease expires, you will have to move out and the landlord takes over and doesn’t pay you anything for it!

In practice, it’s not nearly as bad as it sounds. 

It’s very rare to buy a short lease (it’s unusual to buy a lease for less than 80 years for reasons we’ve explained in more detail below

Leading property auctioneer Auction House has reported increased sales for 2018 of 6.9%, raising a total of over £455m (£455,131,080) – a record amount in the 11 year history of the group.

Last year, Auction House sold 3,680 lots from almost 5,000 lots offered (4,971), representing a success rate of 74%.

Commenting on the latest figures, Auction House Founding Director Roger Lake said: “This is a remarkable result for 2018, especially against such a challenging background, with political uncertainty a significant and ever-present factor. It’s good to add yet another step to our market share

A busy room at Strettons' 10th December auction and some steady post-auction sales helped to end 2018 on a good note by raising over £13.5m.

Notable sales include:

    A vacant freehold place of worship in Forest Gate E7 which sold for £2m

    Two intercommunicating houses in Hove which sold prior for in excess of £1.5m

    A pair of commercial units in Bishops Stortford which sold for £484,000 against a guide of £425,000-£450,000

    A freehold commercial investment in High Wycombe which sold for £336,000 or a gross yield of 6.85%

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Further afield Strettons sold a selection of mixed