Leading land agents Aston Mead have welcomed new government planning rules designed to speed up house building under a National Planning Policy Framework (NPPF).
The new policy announced last week by Housing Secretary James Brokenshire states that a council’s local plan for its overall development strategy will become invalid if house building dips below 75% of targets.
Aston Mead Land & Planning Director Charles Hesse said: “The new framework is certainly a step in the right direction because it puts pressure on councils to keep up with their house building targets over the long term. It’s
Auction House reported an impressive set of results for July, with 427 lots sold - up over 18% (18.2%) on the same month last year.
The group’s national success rate of 71.6% was ahead of the market and the total raised was a healthy £54.5 million (£54,525,440). The award-winning brand also sold its 2,000th property of the year one month earlier than in 2017 – an end of terrace former off-licence at 105-107 Norfolk Street in Cambridge, which was guided at £400,000-£450,000, but sold in the room for a staggering £795,000.
The cumulative picture for the year also underlines the group’s growth
The man who has secured the largest ever loan to a private property company from the Homes and Communities Agency (HCA) has published a book revealing the secrets of property development and investment.
Property developer John Howard received a £15m loan as part of a £26m build cost for The Winerack development on Ipswich Waterfront. When completed in December next year, there will be 150 flats, offices and a restaurant together with 265 parking spaces in the centre of the building over ten floors, accessed by a car stacker system.
John, 56, has bought and sold over 3,500 properties in his
Selling property at one of our future auctions will be cost effective, simple, fast and stress free. Have you had your property on the market for ages and it's not received much interest? Are you looking for a quick sale? Have you a probate property that you wish to sell?
If you feel that selling at auction might be right for you, why not get the ball rolling and get in touch for a FREE PROPERTY VALUATION via our ENQUIRY FORM (click on the link to be directed to a short form for you to complete and submit so that one of our auction team can call you back).
The summer break is upon us, and the majority of auction houses are now taking a well earned rest this month. There are a handful of auctions taking place, however catalogues for September will start to be released from the end of this month onwards, right through to December. We've still quite a few unsold lots in our database from auctions last month, so you find something of interest, whilst you wait for the new catalogues.
In the meantime, our auctioneers are taking instructions for September auctions, so if you have a property that you're thinking of selling, or maybe one you've already
After the success of their Ringwood auction this spring, Symonds & Sampson are bringing their property auctions to Wimborne this autumn.
Symonds & Sampson are pleased to announce that a date has been set of our first Wimborne auction. On the 5th October The Allendale Centre will be the venue for one of our famous property auctions.
‘Our auctions are attracting more and more property in the Bournemouth and Poole area where there are some excellent renovation and development opportunities’ comments manager Neal Wilson. ‘After our sell out auction in Ringwood with some unbelievable prices
Network Auctions latest sale on 12th July at Grosvenor House Hotel, London has delivered a market beating performance and allayed fears of a property market downturn. The sale delivered a total of £8 million across properties geographically spread across the county and across all asset classes.
A modern church with car park located in Surrey, guided at £750,000 attracted early interest and saw a frenetic bidding war and eventual hammer price of £2,005,000. The vendors, a charitable trust, had been advised to sell in the room despite receiving a pre-auction bid of £1,050,000, £300,000 over the
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
Auction House, the UK’s biggest property auctioneer, is reporting impressive half-year results for 2018, with the number of lots sold up 3.8% on the same period in 2017.
Between January and June the group sold 1,571 lots from 2,096 offered – a success rate of 75% and raising nearly £200m (£197,657,900) in the process. During the first six months of last year the group sold 1,516 lots from 2,020 offered (also a 75% success rate) and raised £182.8m.
Commenting on the figures, Auction House Founding Director Roger Lake said: “These figures reflect very well in what is undeniably a challenging
A family-run garden centre which is coming to the market for the first time since 1966 is one of the focal points of SDL Auctions North West’s July auction in Manchester.
Garsides Garden Centre is in a prominent location at 2-14 Oldham Road in Failsworth and is being sold due to retirement and is expected to attract interest as a potential development site.
Andy Thompson, senior valuer of SDL Auctions North West, said: “Currently this is a well-established, family owned and run garden centre with adjacent living accommodation and it is on a central location on the main arterial route into
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