Using a property auction is the fastest way to sell. If you want a quick sale or have a deadline to meet, then a property auction could well be right for you. Once the hammer has gone down the property is sold but, most importantly, contracts are exchanged on the day of the sale as no further negotiation is permitted. That means the entire sale process – from instruction to exchange of contracts – is achieved within as little as 28 days.

Most types of property are now suitable for auction provided that a realistic reserve price is agreed. If you have a property to sell and are considering sale

Graham Penny Auctions, the most successful auction house in Nottingham, has held its first auction of the year in front of a packed room of buyers and the Homes under the Hammer TV crew.

The auction, on Friday 6th February at Nottingham Racecourse, featured a catalogue of 38 residential property, commercial property, land and other lots from across Nottinghamshire and the rest of the country which raised over £1.9m for Graham Penny Auctions’ clients.

Vejay Pal, senior valuer at Graham Penny Auctions, commented: “Last week’s auction was a great start to the year for us. Our catalogue had a

Romans first property auction of 2015 is set to be an exciting one with 19 lots on offer in its new surroundings, as the sales room moves to the Green Park Conference Centre, Reading.

The auction, taking place on 25th February at 1.30pm features a great selection of residential and commercial properties from across Berkshire, Hampshire, Oxfordshire and Surrey.

"Our auctions always attract a fantastic array of properties, this particular one includes several terraced houses in central Reading; an investors’ dream, as well as some larger properties on good plots of land” comments Simon Clayton

A Cold War-era bunker, complete with instructions for what to do during a nuclear attack, is up for auction.

The six-and-a-half acres of land are likely to be the main draw for buyers, but they come with an, almost, hidden extra – a nuclear bunker.

Located four metres below ground in arable fields in Burton Joyce, Nottinghamshire, down a narrow opening, the historic building is up for auction at a guide price of £75,000.

Between 1961 and 1991, the 11 square metre bunker was one of the Royal Observer Corps’ nuclear monitoring posts.

Scattered around the bunker are instructions for staff about

Ever dreamed of living by the sea? The Old Lighthouse, in Dale, South Wales, couldn't be much closer to the coast, and has gone up for sale with a guide price of £975,000.

With stunning 360 degree views over the Bristol Channel, it was built in the 18th century and was used to guide vessels away from the rocks on their route from the colonies to Bristol Harbour.

The five-bedroom home offers the added extras of a three-bedroom annex, and a tower observation lounge. And if you don't fancy a dip in the sea first thing in the morning, you can always swim a few leisurely laps in your own "cliff

Auction House London achieved a sales success rate of 87.9% in 2014 - the highest figure reached by any property auctioneer in the UK last year.

According to the latest data, the average success rate in the residential auction sector is 80% - a figure exceeded by Auction House, which sold 87.9% of all homes it listed.

Coming in second and third were Clive Emson at 87% and Allsop Residential at 85.3%.

Auction House London also jumped from tenth to sixth place in the amount of money raised through sales, bringing in £94m in 2014, compared to £54m the year before.

Auctioneer Andrew Binstock puts

Transport for London (TfL) has become the latest to get involved, making a serious bid to become one of the capital’s property supremos.

More than 500 sites owned by TFL across London, including its former headquarters in a Grade-I listed building in St James’s Park, are set to be redeveloped into penthouse properties, new homes and retail space to raise billions of pounds for the capital’s transport network.

TFL will turn property developer to build on some of the 200m sq ft of land it owns, beginning with 10m sq ft at 50 locations across the city.

The development of the first 10m sq ft is

New figures show prices in part of South London jumped by more than 20% last year as more Londoners compromise on a central location in return for more living space.

Prices in Balham outpaced the rest of London in 2014 with 21% annual growth, according to estate agent Marsh & Parsons’ latest London Property Monitor.

Figures show the average Prime London home has risen in value by £95,000 in the past twelve months. But house prices in cheaper Balham have jumped £152,000 over the same period.

Balham, famously lampooned by Peter Sellers as the “Gateway to the South”, where nothing happens apart

With property prices rising just 0.4% over January, the North East housing market seems to be experiencing a tough start to the year.

The tiny (but welcome) rise puts to an end three consecutive months of falling house prices in the region. The average cost of a home in the NOrth East now stands at £144,872 - the lowest levels for nine months.

The overall fastest riser in the region was Blyth, which managed to rack-up 3.1% growth. Tynemouth and North Shields picked up 1.3% and 1.2% respectively. Matching Tynemouth on 1.2% was Gateshead, with Durham City (1%) and Sunderland (0.9%) closely

Foxtons, the high profile London estate agency, says its income from home sales fell sharply at the end of last year.

Commission earned on sales in the last three months of 2014 was 26% lower than in the same period the year before.

The agency explained that the London property market had been cooling off after reaching a peak of activity during 2013.

And it predicted that its sales would be unlikely to rise again until after the forthcoming general election.

"The long term fundamentals of the London market remain sound," it said.

"We do not anticipate a recovery in sales volumes until after