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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Marathon live-streamed auction
Live stream sales for Auction House London achieved its highest value auction since lockdown began, raising more than £17m at its auction on 30th July.
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Savills enters unchartered waters with first ever August auction
Company says highly unusual demand to list lots during current market boom persuaded its team to launch the event.
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Significant numbers of home buyers and sellers moving to auctions
Two of the biggest property auctioneers say they have seen a huge upsurge in the number of home buyers and discretionary vendors using their auctions.
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Northern auction boom
A post-lockdown boom saw a Sheffield auction attract more than £3m in sales as demand outstripped supply.
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SDL Auctions – online record – breaker
On the 100th day since the lockdown began (1st July), SDL Auctions became the UK’s most successful live-streamed online auctioneer.
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COVID has accelerated home buying digitisation ‘by ten years’
MD of biggest online auction specialist Iamsold.com says pandemic has also hastened the decline of 'ballroom' auction events.
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Zoopla and online auction giant sign ‘industry-first’ deal
The portal is to offer Iamsold's 'modern method of auction' service to its member agents and hopefully kick-start greater adoption of auctions among vendors.
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Investors turn to online as Pugh reports £4m sales
Auction house Pugh has reported a £5m sales performance from its April property auctions, which were switched from auction rooms in Manchester and Leeds to online sales after the introduction of social distancing regulations in March.
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Virtual national property auction raises a massive £7.7m for sellers
The SDL Auctions team pulled together in a marathon team effort for the company’s first ever national property auction, which raised £7.7 million for sellers.
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Auction house launches property partnership for estate agents
11-office auctioneer Pugh and Co says its success online during lockdown has persuaded it to offers agents its services.
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