Auctions
News covering residential property auction activities and the companies who offer auction services to estate agents, property investors and landlords.
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‘G-Granville!’ Property auction to sell TV’s Open All Hours shop
Mark Jenkinson, part of the Eddisons auctions group, is to put the famous shop under the hammer on October 16th.
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Sanderson Weatherall launches online property auction service
Auctioneer Dominic Smith is to head up a new online platform from Sanderson Weatherall, which has been branded as an alternative digital marketplace for property auctions.
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Upmarket estate agency launches auction service following Bamboo deal
The upmarket national agency is giving customers an 'under the hammer' option in a tie-up with London-based Bamboo Auctions.
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Auctioneers report £623m property market ‘bounceback’
David Sandeman of EIG reports that up to February 2024, the UK property auction market saw substantial growth across all year-on-year metrics.
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My Auction and Bamboo merge to create online auction powerhouse
Rocket Auctions will offer agents the ability to sell properties online through Bamboo’s tech platform and Stuart Collar-Brown will be in-house auctioneer.
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A ‘lot’ of sales at plummeting prices
The auction market review for 2023 from Essential Information Group shows a decline in average sale prices amid a rise in lots sold.
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A third of auction bidders DO NOT look at legal packs
Essential Information Group’s recent auction review has revealed what due diligence bidders take before auction day.
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Estate agency agrees to change misleading ads after complaint
Town & Country Estate Agents will ensure future adverts make it clear if a property has a leasehold or freehold title.
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INDUSTRY FIRST: Iamproperty auctions now sell 1% of all homes – claim
Boss Jamie Cooke says that despite some market uncertainty last year’s demand for auction is showing no sign of slowing down.
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Property auctions report sales surge but slipping prices
The residential sector saw a 14.7% surge in sales but more conservative growth in total with the average sale price dropping to £168,453.
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