Notice: During the Coronovirus outbreak, properties will be offered via Online Auction platforms by the auctioneers, with internet bidding along with Proxy and Telephone Bidding. Full information will be provided by the individual auction houses. READ MORE

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Housing equity injection continues

The Latest Bank of England figures show that £5.8bn was paid off the UK’s housing debt in the first quarter of 2011, meaning equity withdrawal figures have been negative for 12 quarters (3 years) now.

The Bank’s latest figures for housing equity withdrawal showed borrowers had injected the equivalent of 2.3% of their post-tax income into their homes in the first quarter of the year.

This followed record payments of 2.8% of post-tax income, in the final quarter of 2010 and means that since the middle of 2008 homeowners have invested a total of £63.7bn in housing.

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Property auction hot picks

We have a number of properties for auction in our HOT PICK area, all of which are fantastic lots, including a two bedroom flat in Hampshire and a 3/4 bedroom house in a popular village location in Kent.  To check out the best of the rest click http://www.ukauctionlist.com/hotpicks and if you are interested in any of the properties, give us a ring for further details.  Don't delay though, as auctions are taking place over the next two weeks!

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How much is your property worth?

Thinking about selling your property? Get the ball rolling with a free house valuation from one of UK Auction List's nationwide auctioneer partners.

We only work with the best performing auctioneers in your local area, who have been selected due to their ability to value and sell properties quickly and efficiently. Finding out the true value of your house in the current market will put you in the best position going forward.

Average house price rise

The average asking price of a new home rose by 3.8% in May to £228,041, the highest level since October 2008, according to SmartNewHomes.

Strong positive growth was also recorded on a three month basis, up 4%, and the annual price growth was 3.4% in May, the highest increase for eight months.

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Student housing investment

With fees tripling to £9,000 per year in 2012, university applications have soared this year, leading to an increase in demand for student properties in many locations. As a knock-on effect, so-called ‘bank of mum and dad’ landlords are snapping up properties now to let on to their offspring and their friends.

Five key tips for parents looking to invest:

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Auction House Lancashire smashes records

We are very proud to report today that one of our national auctioneer partners, Auction House in Lancashire has broken all its records with a 52 lot auction achieving £1million over its last record breaking auction in only April this year.

Ways to Cut the Cost of Living Alone

Without anyone to help pay the bills the cost of keeping a roof over your head can soon rack up. Here are 7 things you can do to cut the cost of foregoing flatmates and living by yourself.

While there's a lot to be said for living solo, there's no doubt that living by yourself does place more strain on your purse strings as you have to cover the cost of everything from rent and mortgage payments to utility bills yourself.

However there are a number of ways that you can cut the cost of living by yourself. Here's how:

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Property price reductions?

The Rightmove House Price Index for June 2011 has revealed that average UK asking prices for new properties coming to the market saw a 0.6% increase over the past month to now stand at £240,394.

June sees Rightmove record the sixth consecutive monthly rise in new sellers’ average asking prices, up by £1,520 in the past month (0.6%). At the halfway point of 2011 asking price statistics are following a very similar pattern to last year, with overall gains of 8.1% this year compared to 7.4% in the first half of 2010.

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Your property auction value

Thinking about selling your property? Get the ball rolling with a free house valuation from one of UK Auction List's nationwide auctioneer partners.

We only work with the best performing auctioneers in your local area, who have been selected due to their ability to value and sell properties quickly and efficiently. Finding out the true value of your house in the current market will put you in the best position going forward.

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Property and homes gossip

A Grade II-listed Georgian house on the banks of the Thames is on the market with a guide price of £6.7 million.

With celebrity neighbours including Rhys Ifans and I’m a Celebrity’s Ant and Dec who each have a home nearby, the four-bedroom Strand on the Green property is awaiting suitably glamorous new owners.

Split over three floors, its 70ft Thames frontage and nine ground-floor windows mean almost every room has a spectacular river view.

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