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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Estate agents achieve highest ever quarter of online property auction sales
Iamproperty’s Jamie Cooke says its Online Index shows each quarter of auction sales this year has outsold the last and sales are growing at pace.
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Big boost for proptech group following fresh cash injection
Iamproperty co-founders Ben Ridgway and Jamie Cooke to retain majority share after Lloyds sold its share in the business.
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Alto’s new integration gives agents automatic auction listing option
Online auction tech, Bamboo Auctions has released a new Alto Integration, making it easier to identify suitable properties for auction.
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Struggling sales market drives surge in under-the-hammer action
Auction House boss Jeremy Prior reports record sales figures for the first half of this year, selling 2,644 properties between January and July.
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Big property firm reports 30% increase in online auction sales
The property consultancy says online auctions produce more certainty for vendors and that their popularity as a viable option to sell property is increasing.
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Estate agency fees from auction sales rise by 26% to £8.2m in Q2
Iamproperty’s Jamie Cooke says that even before the market was hit with increased mortgage rates, consumers have never been more open to auction.
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Welsh auction business buys rental
Paul Fosh Auctions and Lettings has snapped up another property rental business and says it is eager to make additional acquisitions this year.
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Vendors turn to auctions in increasing numbers
Figures from property platform Moverly reveal an almost 12% uplift as the market has become trickier this year.
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Double record smashed in first sale of 2023
Auction House London recorded a record-breaking sale in the first of this year, with the highest number of lots ever to be listed and the greatest number to sell in a single day.
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Be on the look-out for cannabis farms, agents warned
A two-bed flat in Finchley is being advertised on Rightmove, with much of its drug-making equipment still in place
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