Auction House has further consolidated its position as the UK’s leading auctioneer by reporting record results in 2016, with the number of lots sold far exceeding all other auctioneers in the country.

When the hammer fell for the last time this year, the award-winning brand had sold 3,282 lots in 2016 from 4,314 offered – a success rate of nearly 77%, and raising a total of over £426 million.

Commenting on the figures, Founding Director Roger Lake said: “This is a massive achievement for the brand, especially considering the upheaval this year – not only because of the unknown impact of Brexit since the referendum, but also the introduction of additional taxes which have made life harder for landlords and second home owners.

“Whilst others have been easing down as the festivities approach, the Auction House team has entered more lots into its December catalogues than any month in the company’s nine-year history. There are certainly more urgent sellers in the market and this bodes well for 2017. We expect the supply of auction lots to improve in the New Year in most parts, and for buyer demand to strengthen too.”

“Support continues to grow for our ‘sell through a local auction room’ approach with sellers and buyers appreciating the benefits, and grateful for the knowledgeable support that our network of 40 auction rooms provides.”​