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Nationwide's most recent survey suggests that UK house price growth is slowing down, with prices in May only 4.6% higher than same time last year.  This is down from 5.2% in April.

It was also reported that prices in May actually increased 0.3% compared with April, with the average property price now £195,166.

Nationwide said cash purchases of houses also reached an all-time high of 38% in the first three months of the year, just above the 2014 average of 36%.

 

A Grade II-listed property close to Sheffield University is among dozens of lots from across South Yorkshire set to go under the hammer at Sheffield United FC this afternoon at 2pm.

Brunswick House, on Glossop Road,  which has been used for adult mental health services, is being auctioned under instruction from Sheffield Health and Social Care NHS Trust.

Approximately 400 square metres (4,290 square feet) on two levels and with a  site of approximately 0.28 acres (0.11 hectares), it is described as an ‘attractive landmark property located in the heart of the busy university district’. With it

This week there are quite a few property auctions taking place.  Something to suit everyone I'm sure! Some of my favourite auction lots under the hammer this week include....

Firstly I've a gorgeous little 1800s Victorian character cottage for you. Well, I say little, but to be honest it's sweet compact exterior appearance in the main image is instantly countered from within when you see the high ceilings and generously sized rooms in the additional pictures of the interior. That kitchen is both large and rather striking with it's attractive tiled flooring, the wood burning stove really adds

Selling a property by auction is easier than many people think, and the prices that we achieve are usually higher than expected too.

It all starts with an email enquiry or a phone call to us. We will pass on your details to the best performing auction house in your area, at which point you'll be asked about your property, your situation and your requirements.

An Auctioneer or an Auction Valuer will visit and inspect your property, then advise you on the best method of sale. If it is 'Sale by Auction,' you will be given Guide Price recommendations, and our auctioneers will talk you through the

First one for you today is a really nice 3 bed chalet bungalow set in lovely mature gardens, located in Hampshire. While there's some refurbishment required, this one is the perfect project property for a keen DIY-er, and the property certainly looks to need very little, if anything, done outside at all. The conservatory is a cracker! It's really big and looks out over across that really pretty and 90' long garden.

Taking into consideration the double garage, driveway, etc as well... this one's got lots of potential, and is really not needing very much done to it. Also, as you can see from

A renewed sense of confidence in the property market following the election result earlier this month saw over £1.25million raised at the latest Savills Nottingham auction with one property selling at twice its guide price.

The Harrington Street property (below), a traditional terrace was offered with restricted viewing at a guide of £20,000 to £25,000. It sold for £58,500.

Bob Crocker, auction co-ordinator and director at Savills Nottingham, said: "This month's auction has yet again shown strong demand for traditional properties, representing an ideal purchase for investors and developers

You may or may not have heard of the 'Trekkie Flat' we have here in the good ole UK (it's in Leicestershire!), and while we know that it has been seen before as well as featured on tv a couple of times, what's new on the news front is that it has gone up for sale for a rather affordable price...

It really is quite a remarkable property, and it took considerable time over may years to develop a look so in keeping with the original tv set of the USS Voyager, so its well worth taking a wee peek at what this one has to offer. In fact a lot of its homage to Star Trek even goes deeper than that

British Land, one of Europe's biggest listed property companies, reported full-year results last week and the key takeaway is this: London property prices are still going crazy. The value of the property owned by British Land went up by 12.1% last year, while the value of its office and residential space jumped by 18.8%. British Land said this was due to "the strength of the London market and our actions." British Land's "Cheesegrater" building in the City — proper name the Leadenhall Building — smashed rental records in London last year, with space going for £90 per square foot. British Land

Remember, if you've decided on the property that you want to bid on, and have everything in place in order to attend the auction, then the final piece of advice, in the run-up to the auction, is to keep an eye on the 'guide price' (this is the price listed in the catalogue).

Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during

Why buy property at auction

People buy at auction for lots of reasons. They may want to move quickly or they could be looking for a plot of land to build on, a repossession, or quite simply they want a quick purchase without the risk of gazumping. Also, many buyers looking for investments buy at auction as a catalogue full of properties gives them lots of opportunities to choose from. Buying a property at auction is both exciting and potentially profitable. It avoids all of the lengthy purchasing procedures that you usually have to endure and the risk of everything falling through at the 11th