Is 2015 the year to buy at auction?

Happy New Year everyone!  We hope that you had a thoroughly enjoyable break and looking forward to 2015!

Latest analysis of the property market has suggested that this year is THE year to buy property, either to live in or for investment, and auctions are going to be a tempting option for many people due to a number of advantages.

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 hour.

At an auction, as soon as that hammer falls, that’s it - the property is yours. But it isn’t to be undertaken lightly and it pays to do some research. To help you decide whether you want to explore the world of auction a little further, we’ve listed a few of the main benefits of buying property at auction.

Good luck and we hope that you find that perfect property purchase!