As you may (or may not) have noticed, our database of property for auction has expanded massively during the past week, with over 1500 new properties being added, for auction during September. There are still a couple of the major catalogues to be released, hopefully next week, so keep your eyes peeled. The property under the hammer is right across the UK - residential investments, commercial premises, buy to let opportunities, development sites, land, ground rents.... you want it, you can get it!
By registering to our website (£9.95 a month; £19.95 for 3 months), you have on-line access to
The Telegraph has reported that property located close to Premier League football grounds has risen in value far quicker than average UK house prices over the last decade, as the billions of pounds invested in clubs has a regenerative effect on local communities.
According to Halifax, average property prices in the postal districts of the 20 Premier League football clubs have increased by 137 per cent over the last decade, from £152,891 in 2002 to £362,866 in 2012. By contrast, average house prices across England and Wales have risen by 90 per cent over the same period, from £121,129 to £229
We are currently accepting entries into the September/October auctions. If your property has been on the market for ages or you're just needing to sell quickly, and want to find out more about auction, then contact us today!
What are some of the benefits of selling at auction?
The possibility of obtaining a higher price and an earlier sale. A greater certainty of selling your property - 60-70% on average. Predictable time scales so you can plan ahead with confidence. A much quicker sale from first marketing to completion of sale of property.
There are so many
The latest Scottish House Price Monitor from Lloyds TSB Scotland indicated a 7.3% rise in property prices in the three months to July. However, the annual underlying figures fell by 1.5%.
The average Scottish house price is now £164,122, which represents 95% of their peak of four years ago. The number of transactions showed an increase over the past year but the bank said prices continued to be volatile.
Slight annual increases were noted in Dundee, Glasgow, Central, Fife, Perth and Tayside, with slight falls in the south east and south west.
Aberdeen had the largest fall of 9.9%, while
Some 23% more surveyors asked in a survey by the Royal Institution of Chartered Surveyors (Rics) expected house prices to fall rather than rise in the next three months. It found that a similar proportion reported that prices fell in July.
London was the only area of the UK that bucked the trend.
Surveyors said that price falls were most likely in the west of England, the East Midlands, and Yorkshire and Humberside.
The group said that buyers were still finding it difficult to access mortgage funding, but interest had not dipped as a result of the bad weather in July. However, the number of
As the summer break draws to an end, the UK auction houses are approaching entry deadlines into their September auctions. We have already uploaded a new catalogue containing almost 50 new auction lots in the North West, under the hammer at the end of this month, plus a smaller catalogue for mid September with property for auction in the South West. From next week, there will be more and more new catalogues released as the UK auction houses finalise their September auctions. Keep a look out as the database is updated on a regular basis from w/c 13th August onwards. And remember if you see a
We are currently accepting entries into the September auctions - deadlines fast approaching! Has your property been on the market for ages? Or are you just needing to sell quickly? Selling your property at auction is cost effective, simple, fast and stress free, so if you want to find out more then contact us today!
What are some of the benefits of selling at auction?
The possibility of obtaining a higher price and an earlier sale. A greater certainty of selling your property - 60-70% on average. Predictable time scales so you can plan ahead with confidence.
Liverpool-based auctioneer Venmore achieved one of its best results for five years at their 19th July auction, held at Liverpool Town Hall, where the company raised £1.9m.
The auction, which had 50 lots on offer, generated receipts of £2.2m with 72 per cent of the properties on offer being sold. Post auction sales are likely to push this figure about 80 per cent.
Geoff Guest, commercial director at Venmore’s Dale Street branch, said: "We have seen strong demand, particularly in the residential sector, with savvy investors bidding on the more reasonable priced mid terraced houses."
He added:
London's prime residential home values rose by an average of 0.9% in the second quarter of 2012, and annual price growth slowed to 6%, as some of the heat has started to come out of the market in the early summer, the latest data from Savills suggests.
Its July 2012 report also shows that overseas buyers have remained committed to the very best central locations, accounting for 58% of buyers in the first half of 2012. Though limited in supply, sales of new build property tailored towards the needs of high net worth overseas buyers have been particularly strong.
In central prime London growth
Just a reminder to let you all know that the majority of the auctions for July have taken place, with a few remaining this week and early next.
There are only a handful of property auctions taking place in August due to the summer break, with nationwide auctions recommencing properly from early September. We will be displaying the Unsold (Available) Lots from the June and July auctions that have taken place, as and when the results are released by the auctioneers. So keep checking back to see if you can grab yourself a bargain post auction.
New auction catalogues should start being released