Blogs

Online auction platform launched

Clive Emson's September auction has yet again proven that public confidence still remains strong with over £16 million raised from a catalogue of 138 Lots, pushing the total sales to-date for 2016 to £120 million.

And now, to keep at the forefront of the property industry, the team at Clive Emson have been reviewing the way they interact with both buyers and sellers and can now proudly announce some exciting changes to the way they do things!

Want to sell your property at auction?

IF YOU"RE LOOKING FOR A SPEEDY SALE and certainty that a buyer won’t bail on you then selling at a property auction is a good way to go. Once the hammer falls the buyer has to put down a 10% deposit, then they have a month to give you the remaining 90%.

“Radio silence” on Brexit is creating “vacuum of vulnerability”

The Managing Director of the UK’s oldest estate agent recruitment consultancy has called for the Government to give more information about what will happen to European Union employees after Brexit.

SDL Bigwood launches Coventry auctions​

Top ten UK auction house SDL Bigwood is to expand its Midlands network with regular Coventry auctions from this autumn.

The Birmingham-based business already holds six a year at Aston Villa FC, but from Wednesday, November 9, will be holding regular auctions in Coventry at The Village Hotel.

SDL Bigwood, with the acquisition of Graham Penny Auctions in the East Midlands earlier this year, is now the largest auction house outside of London and ranked number four in the UK by combined annual turnover.

Auction House sells this year’s 2,000th property in a busy August

Auction House is reporting a busy and profitable August, with a success rate of 82% - a full five percentage points ahead of 2015’s figure of 77% - and a month which included the sale of the group’s 2,000th property this year.

UK’s property auctions market after Brexit vote

According to the latest data from Essential Information Group, the number of lots sold in July auctions was down 13.3 per cent from a year ago, partly due to vendors holding back with 8.7 per cent fewer lots made available for sale.

Acuitus preparing catalogue fifth auction of year

Before the summer break, the commercial property auction sector shook off uncertainty caused by the EU Referendum as the Acuitus July sale exceeded expectations by raising £58m.

Investors targeted a wide range of commercial property as a total of 78 lots sold - 88% of those offered in the sale - with 20 achieving prices of more than £1m.

Acuitus auctioneer, Richard Auterac, comments: “In times of economic uncertainty, the auction room enables investors to access the type of income returns which are not available through other investment media.

ALWAYS view a property before you bid for it at auction

Over the past few years, property auctions have become increasingly popular with buyers who want to avoid the traditional house buying chain.

At an auction, the sale is agreed as soon as the hammer falls, so there’s no risk of everything falling through at the eleventh hour. And you see all the other bids as and when they’re made. So there’s no chance of being gazumped and there’s a lot less that the estate agent can hide from you.

Buying property at auction

A property auction can be a thrilling way to buy property, and snap up a bargain. They aren’t just good for buying repossessed homes, it’s now possible to buy all kinds of properties at auction.

However it is essential that you do your homework before trying to buy a property at auction, and you need to put a number of important things in place before you go. It does't matter what your reason for buying at auction is, the key to success is preparation.

Auction property with an air-raid shelter!

SDL Graham Penny has an unusual lot going under the hammer in its next Nottingham auction.

3 Park Avenue in Kimberley is much like any other auction lot; it is need of modernisation, upgrading and improvement, however this property has the added feature of an air-raid shelter in the garden!

Syndicate content