Roger Lake
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Latest property news
Auction House hits £300m in 2020
Auction House has made over £300m worth of property sales in the year so far (£300,877,878) – well ahead of any other residential auctioneer.
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Latest property news
Awesome August for Auction House
Auction House sales were boosted in August as supply improved and demand remained high during the traditionally slack holiday month.
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Latest property news
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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Latest property news
Coronavirus: the sales go on!
UK property auctioneer, Auction House, has pledged that all of its scheduled sales will take place this year...
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Auctions
Brexit effect? Auction House reveals busiest month ever
Company says a greater number of private sellers coming to its auctions during the run up to October 31st has created a surge in lots offered and sold.
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Latest property news
Half-year results up at Auction House
Auction House reports impressive half-year results for 2018, with the number of lots sold up 3.8 per cent on the same period in 2017.
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Latest property news
‘Vendors turning to auctions as a third of treaty sales fall through’
More vendors are turning from the high street to auctions to sell their homes as the UK’s high street agents struggle to find buyers in today’s “challenging selling environment”. The claim was made by leading auctioneer Auction House as it revealed that it has sold more houses so far this year than it did at the same time last year. “In the current climate, even to have matched last year’s number of sales would have been impressive,” says Auction House Director Roger Lake (pictured, below). “But to have exceeded it – despite the uncertainties of Brexit, political turmoil and future trading fears – is nothing short of remarkable.” Auction House says it has sold 2,420 lots so far this year with a combed total of just over £300 million. Explaining the figures, Roger says he believes sales at auctions have “become a solution for more sellers as other methods fail to deliver the timely results that vendors require,” he says. Roger also says that the private treaty route has now become a four or five month process, that latest figures suggest that nearly a third of private treat sales are falling through and that, “by contrast, auction is the quick, easy…
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Products & Services
Auction House passes milestone
Auctioneer, Auction House, has just passed the 3,000 lots sold milestone for 2015 – and has done so one week earlier than last year. The 3,000th property, a two-bedroom semi-detached house in St Denys, Southampton, was sold for £150,000 by Auction House Pearsons last week. Auction House, named ‘Residential Auction House of the Year’ at the Negotiator Awards last month, achieved an average success rate of 76.5 per cent through to the end of November, raisingclose to £380 million. Roger Lake (left), Founding Director, Auction House, said, “Healthy sales in November have helped us to a position that is up over 8% on last year. At a time when EIG is reporting a downturn in total auction sales, the Auction House performance is a stand out result which is some 15% ahead of the sector. Yet again, our 40 regional auction rooms are punching well above their weight.” Lake is anticipating a busy first quarter for 2016, fuelled by greater numbers of sellers wanting to dispose of surplus stock and some of their tenanted investments before the 3 per cent stamp duty surcharge is introduced in April. “The balance of the year will be typified by much reduced motivation following…
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